Bitcoin Price Prediction. Breakdown Below EMA Cluster Puts $98,000 Support at Risk

• Bitcoin loses its trendline and trades below all major EMAs, shifting momentum to sellers.
• Spot outflows exceed $57M in 24 hours, confirming distribution rather than accumulation.
• If BTC loses the $100,000–$98,000 support zone, downside targets move toward $92,000.

Bitcoin price today trades near $102,700 as sellers press against the psychological $100,000 support zone. The drop followed a decisive break below the daily trendline and a cluster of key EMAs between $108,000 and $112,000. Spot flows confirm distribution, not accumulation, with a net outflow of nearly $57 million in the past 24 hours.

Sellers Pressure Support After Trendline Breakdown

Bitcoin lost the rising trendline that guided the entire summer rally. The rejection began near $112,000, where the 20, 50 and 100 day EMAs converged. Each attempt to recla…

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