Bitcoin is currently hovering above the $100,000 support level, but technical indicators and market sentiments suggest that it may drop below this mark soon. The TD Sequential indicator has flashed a sell signal, indicating a possible decline towards recent lows around $99,000. Bitcoin has struggled to break past resistance at $103,400 and may retrace to the $99,000 support zone. Analysts predict that Bitcoin could find support at $95,000 and may retest the descending support level. The outcome of the Federal Open Market Committee meeting will heavily influence Bitcoin's trajectory. A dovish stance on interest rates could push Bitcoin past $110,000, while a neutral or hawkish approach may keep it range-bound or trigger a pullback. Despite current price movements, some believe Bitcoin is experiencing its last drop before a rally. The swearing-in of Donald Trump and his crypto-friendly policies is also anticipated to cause a price breakout for Bitcoin. However, broader financial market sentiments, such as the DeepSeek-triggered stock sell-off, have weighed Bitcoin down. At the time of writing, Bitcoin is trading at $101,986, down 1% in the last 24 hours. Holding above $100,000 is crucial to avoid further declines.



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