Bitcoin faced significant challenges as it retested the $105K threshold on Monday. Ultimately, the price dropped to around $104,100, intensifying concerns among investors. Renewed fears over trade tariffs play a vital role in this downturn, prompting a cautious approach. Many investors are adopting risk-averse strategies, leading to a scaling back in Bitcoin engagement. Right now, all eyes are on this critical support level. Staying informed will be key as Bitcoin navigates through these turbulent market conditions in the days to come.