Bitcoin experienced an 8% drop from its all-time high of $108,300, following a Federal Reserve rate cut announcement. Despite this decline, the cryptocurrency held above the critical $98,000 liquidity level, indicating no significant panic selling and suggesting a potential shakeout rather than a major correction.Analysts are closely monitoring key resistance at $103,600 and support at $100,000, as these levels will determine Bitcoin's near-term trajectory. The market sentiment remains cautiously optimistic, with the potential for renewed momentum if Bitcoin can break through resistance.
