This article discusses the current state of Bitcoin's price, which has been consolidating around the $100,000 mark. The market is experiencing strong indecision, with Bitcoin moving above and below this level repeatedly. However, it is expected that once Bitcoin makes a decisive move, the entire crypto market will likely follow. There are several negative events impacting Bitcoin's price, such as legal penalties for KuCoin and regulatory issues for Binance. These factors, combined with uncertainty in the crypto space, have led to cautious investor sentiment. If Bitcoin falls below $100,000, it could trigger a market-wide selloff, while surpassing its previous high of $109,000 could lead to a bullish rally. Traders should monitor key resistance and support levels as Bitcoin's next move will have a significant impact on the market direction.



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