Bitcoin Hits 15-Week Low Amid US Banking Turmoil

[AIcash]

Bitcoin slides below $106K

BTC fell to its lowest level since June as worries over US regional banks resurfaced, reminiscent of March 2023’s banking chaos. Traders warn that if $100K support fails, Bitcoin could test $98K next.

Some see a temporary bounce toward $102K, filling a daily candle wick, but daily and weekly moving averages have struggled to hold support.