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Bitcoin fielded fresh leveraged shorts on Thursday as whales appeared to bet on downside volatility around another announcement from US President Donald Trump.

Bitcoin traded 13% below its $126K all-time high as traders said the BTC price could drop to $88K over the next few days if key support levels don’t hold.

Ripple co-founder and former CEO Chris Larsen has amassed millions in realized profits from XRP since 2018, potentially putting the price recovery at risk.

Bitcoin’s design, governance and regulation set it apart from crypto. From supply rules to ETFs, it now sits in a category of its own.

Crypto analysts predicted Bitcoin could fall to its 50-week moving average before reversing, citing leverage concerns and historical support patterns.

Escalating tensions between the US and China, Trump digging in on tariffs and Bitcoin traders avoiding long leverage could push BTC price to new lows.

Bitcoin is at a crucial juncture because a daily close below the $107,000 support clears the path for a drop to the psychological level of $100,000.

Learn to spot fake breakouts in crypto using funding, OI and volume signals — and avoid bull and bear trap setups.