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3 Reasons Why Bitcoin’s $105K Consolidation May Result in BTC Price Crash to $99K

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Summary
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64% Informative

Bitcoin 's price consolidation between $105k and $ 101k may lead to a crash to $ 99k or lower.

Weakening momentum and declining daily active addresses hint at a correction.

Uncertain macroeconomic conditions and potential decline in Fed rate cut odds add to the bearish outlook.

Bitcoin is hovering above the $ 102k support level, which is the upper limit of the value area formed between December 2024 and February 2025 .

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