Analyst: Bitcoin may experience a 'bigger pullback' and explore the liquidity zone below $100000

According to BlockBeats, on June 3rd, Cointelegraph reported that the key support level for Bitcoin prices remains at $100000. Since breaking through $100000 on May 8th, it has remained stable at this key price point for more than three consecutive weeks. This price level has become a core concern for traders and has not undergone significant retracement testing recently. MN Capital founder Michael van de Poppe pointed out that Bitcoin is currently around $104300, and after being rejected by the $106000 mark, it may further fall back and regain upward momentum. $100000 is still a key support level that needs to be closely monitored. A chart shared by analyst CrypNuevo shows that Bitcoin failed to turn the resistance level of $106000 into support. He said, "Therefore, we are likely to fall back to the psychological level of $100000 and test the 150 day moving average of the index Renowned analyst AlphaBTC predicts that if Bitcoin falls below the $100000 support, there may be a deeper pullback and the price may drop to $90000. He pointed out, "As this larger level correction begins in early June, BTC is likely to consolidate sideways for a period of time, and the market is waiting for more data and the results of the Federal Reserve's meeting on June 18th