Bitcoin has dropped below $100,000 amid a slump in the Nasdaq and bearish momentum in the cryptocurrency market. The recent launch of Chinese AI, DeepSeek, is believed to have contributed to the downturn in tech stocks. The BTC price failed to cross above the critical resistance level of $107,123 and has now fallen to around $100,000. Technical indicators suggest a continuation of the downtrend, with the potential for Bitcoin to hit support levels at $98,611 or even $96,703. However, if the 200 EMA line at $99,867 holds, there may be a minor consolidation above the $100,557 level.



Other News from Today