Bitcoin defended $84,000 support Friday, staging an oversold bounce as buyers stepped in after sharp losses. Traders cite technical relief and cautious optimism amid ongoing market volatility.
Trader says Bitcoin’s bull run ends if BTC falls under $100,000, warning that losing this key level would trigger broad selling and shift markets into prolonged consolidation.
Bitcoin holders begin to ‘distribute’ as sellers intensify, leaving $105,000 as BTC’s final defensive level; analysts warn a decisive breach could trigger renewed volatility and widened sell-offs.