Recent developments in the cryptocurrency market suggest that Bitcoin could potentially experience a significant decline, possibly dropping to $100,000. This speculation is fueled by the sharp crash in Bitcoin's value observed last Friday, which appears to have reinforced a key resistance trendline that has been evident since the bull market of 2017 to 2021. Analysts are concerned that this trendline may signal heightened selling pressure, making it challenging for Bitcoin to maintain its value above certain thresholds. This situation has led investors to closely monitor market indicators and price movements as they consider the implications for Bitcoin's future performance.
source: https://www.coindesk.com/markets/2025/10/13/bitcoin-may-tank-to-usd100k-after-friday-s-btc-crash-reinforced-2017-21-bull-run-trendline-as-major-resistance