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On June 5, Bitcoin (BTC) experienced a significant crash to $100,000. This sudden downtrend comes on the back of Elon Musk and Donald Trump’s crash out regarding cutting the deficit. Regardless, technical analysis shows buyer strength that has pushed BTC price up by 3.40% today from the June 5 swing low of $100,305 formed at 4 pm ET. Will this bounce reduce the risks of a further crash? Will BTC price drop below $100K? Let’s find out.