Bitcoin 
Ethereum 
Tether 
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Figure Heloc 
Bitcoin has broken below the psychologically crucial $100,000 level, signaling that the bears are in full control. The next strong support on the downside is at $87,800.
💡 DMK Insight
Bitcoin’s drop below $100,000 is a major psychological blow for bulls and opens the door for further declines. With bears firmly in control, traders should focus on the next support level at $87,800. A failure to hold this level could trigger a cascade of sell-offs, as stop-loss orders might be triggered, leading to increased volatility. This scenario could also impact altcoins, as market sentiment often shifts in tandem with Bitcoin’s movements. It’s worth noting that the recent bearish trend aligns with broader market conditions, including tightening monetary policies and increased regulatory scrutiny, which could further pressure prices. On the flip side, if Bitcoin manages to reclaim the $100,000 level, it could signal a potential reversal, but that seems unlikely in the current climate. Keep an eye on trading volumes and market sentiment indicators as they could provide clues on whether the bears are losing steam or if further downside is imminent.
📮 Takeaway
Watch for Bitcoin’s ability to hold above $87,800; a break below could lead to significant selling pressure.
