#BitcoinKeyZone Bitcoin price faced rejection on the daily resistance level of $101,109 on Thursday and declined 1.11%. At the time of writing on Friday, it trades slightly down around $99,700.

If the $101,109 level continues as resistance, BTC could extend the decline to retest its psychologically important level of $90,000.

The Relative Strength Index (RSI) on the daily chart reads 60, rejecting the overbought level of 70 on Sunday, indicating signs of weakness. Moreover, if the RSI daily closes below the neutral level of 50, it generally indicates bearish