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Bitcoin is holding at $101.5K
Bitcoin is currently trading around $101,966, down about 1.3% in the last 24 hours. After reaching $105K, the price dropped sharply, testing key support near $101.5K. Technical charts show a symmetrical triangle pattern, indicating a possible breakout soon. If BTC falls below $101K, it may see further downside, while a move above $105K could trigger a new rally. Institutional inflows into spot ETFs remain strong, but overall market sentiment is cautious due to lower corporate accumulation and global uncertainty. Traders are closely watching the next move as volatility rises. A clear breakout direction will determine whether BTC continues its bullish run or enters a deeper correction phase.
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