Bitcoin Price Targets Shift Below $100K Amid RSI Concerns
Market expectations for Bitcoin’s price are evolving as recent analysis shows a potential retest of the $100,000 support level. Traders and analysts are expressing concerns that new lows may be just around the corner, especially with the relative strength index (RSI) indicating a downward trend. This situation poses challenges for Bitcoin investors and traders who are closely watching market signals. The potential for price shifts below the psychological barrier of $100,000 could lead to increased volatility and uncertainty among participants. Investors must remain vigilant as the situation unfolds and adjust their strategies accordingly.