Bitcoin (BTC) continues to face challenges as it trades below $104,000 after a considerable 4% drop. It briefly fell to $102,411 before showing signs of a minor recovery, indicating fluctuations within a tense market environment influenced by geopolitical factors and shifting monetary policies.

• BTC’s steep fall of 3.89% occurred from a previous peak of $106,552.
• Recent analytics from Santiment reveal that retail investor sentiment is at its lowest since April 2025, coinciding with heightened fears in the market.
• Despite recent volatility, Bitcoin remains within the $100,000 to $110,000 range, with significant holders stockpiling during this downturn.

Experts suggest this bearish sentiment may actually serve as a precursor to a potential price rebound, as seen in similar past trends. The Federal Reserve’s decision to maintain interest rates may contribute to continued tight trading ranges.

Bitcoin Price Analysis

Key Notable Points:

• BTC has fluctuated between $106,552 and $102,411 within a 24-hour period.
• A significant drop was noted during specific hours, with continued retail pessimism prevailing.
• Whale investors are reportedly accumulating assets, indicating confidence among larger players despite short-term uncertainties.