Citing Bitcoin.com, Bitcoin has dropped below $100,000, with the weekly close beneath the 50-week moving average raising concerns about the long-running four-year cycle nearing exhaustion. The asset now sits near a critical support zone around $92,000, with further downside risks if $88,000 or $74,500 breaks. A backlog of U.S. economic data, including the September jobs report and PMI, is expected to heighten volatility this week. BTC options show heavy demand for downside protection, reflecting a cautious market outlook.
Bitcoin Falls Below $100K Amid Macro Volatility and Key Support Test
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