Bitcoin dropped below $104,000 due to concerns over the government shutdown and economic slowdown, with whales selling off large holdings. Long-term holders have sold over 1 million bitcoin since June, impacting market dynamics. The government shutdown’s extension could delay liquidity tailwinds, but Fundstrat predicts a $150k-$200k price target for bitcoin by year-end.
Read more at Yahoo Finance: Bitcoin tumbles at $101,000 as selling pressure mounts, government shutdown ‘stalls’ tailwinds
