Bitcoin's price is dropping below the $100,000 mark and failing to breach the $108,000 resistance level. If the current support at $100,000 is lost, there could be a further drop to around $92,000. The RSI is also indicating a bearish scenario. However, the 4-hour chart suggests the possibility of a rally higher in the coming months, as the asset is within a bullish flag pattern. Profit-taking by long-term holders has been a factor in the consolidation of Bitcoin's price, but if selling pressure decreases, there is potential for further upward movement.



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