Bitcoin fell to 15-week lows as US banking turmoil resurfaced, with traders skeptical of $100,000 support. Gold dropped from all-time highs as Peter Schiff predicted it would reach $1 million before Bitcoin. Bitcoin risks hitting $98,000 next, with concerns over US regional banking stocks causing market uncertainty. Bitcoin could fill a wick near the weekly 50 MA, suggesting further price drops. Gold proponents celebrate its divergence from Bitcoin, with Schiff arguing for $1 million gold before Bitcoin. Bitcoin faces challenges as a viable alternative to the US dollar, with a potential rotation into BTC predicted.
Read more at Cointelegraph: Bitcoin Copies 2023 Regional Bank Rout With $105,000 BTC Price Dive
