Bitcoin (BTC) price prediction for May 12

Over the last day, Bitcoin (BTC) has decreased by 1.37%, now trading at 103,153 USD. It approaches the local support of 102,563 USD, suggesting a potential test of the 102,000 USD range soon.

The market sentiment has transitioned from bullish to bearish, indicating the possibility of a continued decline towards the 100,000 USD range if bullish momentum cannot be regained.

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