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Bitcoin’s price has been range-bound between $108,000 and $112,000, showing indecision in the market. Analyst Daan Crypto warns of a potential breakdown below $100,000 if key support levels fail. However, bulls could still stage a recovery if certain conditions are met.
- Bitcoin faces rejection at $112,000 and is testing key support between $103,000-$105,000.
- A breakdown below $107,000 could trigger panic selling and a drop toward $100,000.
- A reclaim of $112,000 and break above $115,000 would invalidate bearish momentum and signal a bullish recovery.
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