Bitcoin bulls are ignoring these three red flags: is a drop to $100,000 likely this week?

Bitcoin slips under key support at $108,000, gathering liquidity under the $107,000 level on Thursday. The largest cryptocurrency’s holders are not impressed by the promises from regulators, bullish commentary from the U.S. Vice President JD Vance and Senator Cynthia Lummis. BTC could sweep liquidity under the $100,000 milestone this week, or over the weekend, analysts warn traders.