Today, Bitcoin Price Dropped Below $100,000: Could It Fall Further?

[Suba]

On October 19, I bought BTC with USDT on Binance, and a few days later, the price rose to $115,000. Based on my calculations, it would rise to $120,000, allowing me to short. However, the price reversed, and now the BTC price on OKEx is showing $99,124. The price continues to fluctuate rapidly, and it's possible it could drop to $95,000. Should we buy Bitcoin now, hoping the price will rise?

 

[Starmix]

The fall is huge, I believe it rises back after some days or maybe not because it's almost December. They might take the chance while most of the people receive bonuses and other monetary incentives from companies and big businesses.

 

[Kross]

I won't be surprised if bitcoin even drops to around $80k. I am expecting a bearish trend in the market at this point.