Bitcoin's price fell to $103,667, marking a 3.3% decline in the last 24 hours due to macroeconomic and technical pressures. The downturn coincided with the dollar index nearing a three-month high and anticipation of significant U.S. economic data releases. Additionally, ETF outflows and leveraged liquidations, totaling $1.3 billion, contributed to the downward pressure. Despite the selloff, on-chain data indicates a potential retest of the $100,000 level.