**Bitcoin Price Crash Toward $100K Amid Heavy Selling Pressure**

Bitcoin (BTC) has tumbled close to the key $100,000 mark, its most critical psychological and technical level this quarter. Over the past 48 hours, BTC fell from around $107K to just above $100K, breaking below major supports at approximately $104K and $106K.

The daily chart shows a confirmed bearish crossover between the 9-day and 21-day moving averages, both now trending below the 200-day SMA at $109K. This alignment confirms that short-term momentum has firmly shifted to the downside.

### Bitcoin Price Analysis Today: Exhaustion but No Reversal Yet

**RSI (Relative Strength Index):**
On the 2-hour chart, the RSI sits around 33.6, approaching oversold levels which often precede short-term relief rallies. Meanwhile, on the daily timeframe, the RSI has slipped to 31.8, signaling that BTC is in oversold territory but has yet to show a bullish divergence.

**MACD (Moving Average Convergence Divergence):**
The MACD lines remain sharply below zero on both short and long-term timeframes, with histogram bars widening. This reflects intensifying bearish momentum and suggests that the downtrend could continue if trading volume remains high.

### Next Downside Targets if the Correction Continues

If Bitcoin fails to defend the $100K level, the next potential downside targets include:

– **$97K**
– **$95K:** Initial liquidity pocket that may trigger a short bounce.
– **$92,870:** Historical support from previous accumulation phases.
– **$90K**
– **$88K:** A stronger demand zone where buyers could re-enter aggressively.

Traders and investors should monitor these levels closely, as price action around these zones will be critical in determining Bitcoin’s near-term direction.
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