Bitcoin faced further losses as it slipped under $104,000, with price targets now at $92,000. Short-term holders are seeing growing unrealized losses, with traders anticipating sub-$100,000 levels. Market participants fear the $100,000 support level will fail. BTC price is in “freefall,” hitting new lows of $103,732 on Bitstamp. Bitcoin buyers are underwater and experiencing stress as the Net Unrealized Profit/Loss indicator for short-term holders returns to “capitulation” territory, signaling attractive accumulation opportunities for patient investors.

Read more at Cointelegraph: Bitcoin Traders Brace for Sub-$100,000 BTC Price Lows Next