TechFlow news, September 4 — Bitcoin weekly trend continues to decline, with bearish momentum clearly strengthening. Technical indicators suggest that if Bitcoin falls below the $100,000 level, short-term selling pressure may intensify further, triggering volatile downside movement. MACD has formed a death cross, RSI is approaching oversold territory, and declining volume reflects strong market hesitation, indicating insufficient momentum for a near-term rebound.
BiyaPay analysts point out that the $100,000 level is a key support zone recently; once breached, it could become a psychological turning point for the short-term market. Investors should closely monitor price movements, manage positions prudently, and strengthen risk control.
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