Bitcoin fell to $98,900, signaling a potential bear market. Glassnode data shows decreased bullish leverage, hinting at a broader bearish trend. USDT dominance breakout suggests capital exiting BTC, impacting price. Key support levels lie at $99,000 and $98,000, crucial for avoiding a further downside. Watch for $72,000 if $100,000 level breaks.

Read more at Cointelegraph: Key Bitcoin Price Levels To Watch as BTC Enters ‘Macro Downtrend’