Looking at the broader crypto market crash and recent price drop, analysts are concerned that Bitcoin price might maintain its downward trend.

The main digital currency, which is worth $103K right now, has decreased by 2% over the past day. If the Head & Shoulders pattern forms a bearish breakdown, a well-known analyst stated that BTC price might drop to $96,000.

Bitcoin Price Prediction: Key Technical Patterns and Support Levels

Crypto analyst Titan pointed out that Bitcoin’s behavior is lining up with a Head & Shoulders pattern. This traditionally turns into a reversal signal. Based on this pattern, the BTC price could move from rising to falling.

Early in May, the left shoulder formed at $104,063. After that came the…