#Bitcoin breaking support could see a significant drop.#

Recently, the price of Bitcoin has been continuously declining, raising market concerns about its future trajectory. Kim Kramer Larsson, an analyst at Saxo Bank, pointed out that if Bitcoin breaks below the support level of $90,690, it could face a more significant decline. He believes that Bitcoin is forming a "head and shoulders pattern," a technical analysis chart pattern that indicates a reversal from an uptrend to a downtrend. If the $90,680 support level is broken, Bitcoin could fall to $73,000. Other analysts have expressed similar concerns, believing that Bitcoin may lose major support levels and plummet. They note that the Bitcoin price has already fallen by 3.9%, down about 13.2% from its all-time high, and the current situation is not optimistic. Although Bitcoin rebounded slightly on Friday, the market generally believes that if the support level is broken, Bitcoin will face a more significant decline, and its future trajectory remains uncertain.