Bitcoin Dips Below $100K in 'Mid-Cycle Shakeout' Amid Bond Market Volatility

💡 DMK Insight

Bitcoin’s dip below $100K isn’t a death knell—it’s a strategic rotation. Traders should recognize that this movement reflects a shift in capital rather than panic selling. Analysts suggest that the market is reallocating funds, possibly into altcoins or other assets, which can create opportunities for those willing to look beyond Bitcoin. If you’re watching the altcoin market, this could be a signal to scout for undervalued assets that might benefit from Bitcoin’s temporary retreat. Keep an eye on the $95K support level; a sustained drop below this could trigger more selling pressure, while a bounce back could indicate renewed bullish sentiment. Here’s the thing: while mainstream narratives may paint this as a capitulation, it’s crucial to consider the broader context. Institutional players often use these dips to accumulate, so don’t be surprised if we see a swift recovery. Watch for volume spikes around key levels to gauge market sentiment and potential reversals.