Bitcoin's price recently dipped below $93,000 with analysts suggesting the market might be in Wave IV of a bull run, potentially heading into Wave V soon. Key support and resistance levels at $80,000 and $104,000 will likely determine whether further downside to $71,000 occurs before the next upward move. Geopolitical tensions, tariff news, and uncertainty about U.S. Federal Reserve leadership are major risk factors impacting Bitcoin's near-term outlook.

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