Bitcoin Price Prediction: BTC Faces Risk of Drop Toward $92,000 as Support Weakens

• Bitcoin price today trades near $101,760, sitting just above the $100,000 support band after losing its multi-month trendline.
• Spot data shows $53.96M in net outflows, signaling distribution rather than dip-buying as sellers maintain control.
• A daily close below $98,500 exposes the next support at $92,000, while recovering $107,000–$111,200 is required to flip momentum.

Bitcoin price today trades near $101,760, sitting just above the psychological $100,000 level after a steady decline from early November highs. The market continues to show weakness as sellers dominate order flow and spot outflows accelerate across major exchanges. The drop below a multi-month rising trendline has shifted the structure from controlled pullback to potential correction.

Sellers Hold Control As Support Levels Narrow

The daily chart s…

Read The Full Article Bitcoin Price Prediction: BTC Faces Risk of Drop Toward $92,000 as Support Weakens On Coin Edition.