Bitcoin Pre-Halving $100K Dream Under Threat

Recent Price Fall: Bitcoin's price drops by 6% on Tuesday, contributing to an 8% decrease this week.
Market-Wide Sell-Off: A sell-off spree leads to sellers dominating the short-term BTC price trend.
Temporary Relief: Despite the drop, Bitcoin finds a brief respite, achieving a 1% intraday growth from the 65K support level.
US Bitcoin Spot ETFs Inflow: A daily net inflow of $40 million into US Bitcoin Spot ETFs suggests potential for recovery.
Testing Crucial Support: Bitcoin recently tested and bounced off the $65,000 support level.
Negative Cycle Indicators: The presence of two consecutive bearish candles on the daily chart indicates a negative cycle.
Dynamic Support Challenge: The price approaches the dynamic support at the 50-day EMA, aligning with the 23.60% Fibonacci level.
Long Liquidations: A $357 million long liquidation event on Tuesday sets a bearish tone.
Bullish Flag Pattern: Despite the consolidation, a bullish flag pattern hints at a possible trend continuation.
Potential Price Targets: A rebound could lead to prices exceeding $75,000, with $100,000 being a post-halving target.
Correction Risks: A drop below the 50D EMA might lead to testing the 38.20% Fibonacci level at $60,289.