Bitcoin price outlook in USD: Will the $100,000 level hold or is there a deeper collapse imminent?

Bitcoin (USD) is retesting key support levels. With the descending triangle pattern forming and the $100,000 level in the spotlight, traders are watching for the next big move. Is now the time to buy—or withdraw? Bitcoin USD price is testing critical zone Bitcoin is currently trading at $104,781, fluctuating just above the 200 EMA on the 4-hour chart at $104,861 The chart shows BTC consolidating inside a clear descending triangle pattern, with lower highs forming resistance and flat support zones around $103,343. This setup usually signals a continuation of the bearish price unless a breakout occurs.

Adding to the caution, the RSI ( Relative Strength Index ) at around 45, indicating neutral dynamics with no apparent bullish divergence. The momentum has weakened over the past two weeks and price action remains weak near the lower edge of the triangle. Bitcoin Price Prediction: Bearish Collapse or Unexpected Reversal? If the Bitcoin price (USD) fails to hold above $103,343, we could see a sharp drop in price towards the psychological support level of $100,000, highlighted by a clean green line on the chart. This level is also in line with the lower limit of the descending triangle and can serve as the last line of defense before a larger correction. If the $100,000 level fails, the next potential support zone will be around $97,000 – $95,000, opening up the possibility of a retest of the April breakout level. On the other hand, a strong rebound from the 200 EMA or a breakout above the above triangle trendline (~ $107,000–$109,000 ) can invalidate the bearish setup. In that case, BTC could push up to retest $110K and head towards new highs above $112K.

Setting up entry and exit for traders Short-term setup (Khuynh giảm) direction: Entry: When analyzing below $103,300Target 1: $100,000Target 2: $97,000Stop Loss: $105,800 Long-term setup (Kịch giá) boost: Entry: On confirmation of a breakout above $107,000 with high volumeTarget 1: $109,000Target 2: $112,000Stop Loss: $104,000