Bitcoin's price has retreated from $100,000 to $94,500, sparking concerns about potential further declines. Three indicators point to bearish trends: a negative risk reversal on Deribit, weakening demand in the US, and an RSI divergence. However, long-term technical studies remain bullish.

Source: https://www.coindesk.com/markets/2024/11/26/three-reasons-why-bitcoin-risks-falling-below-90-k-godbole