This is a highly speculative scenario, but one worth considering: a potential major Bitcoin crash bringing the price down to the $100,000 range and below.
Observations:
The current macroeconomic climate, could be contributing to a significant shift in market sentiment. A breakdown below key support levels at mention specific price levels, $103,000 could trigger a cascade of sell orders. The psychological impact of breaking the important 100,000 mark could further accelerate the decline.
This is a highly speculative scenario and may not play out. BTCUSDT
Disclaimer: This idea is for informational purposes only and should not be considered financial advice. I am not responsible for any losses incurred. Trading cryptocurrencies involves substantial risk.