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After a week of volatile price action, Bitcoin has once again returned to familiar territory around the $106,000 price level. However, on-chain data shows that investors are still cautious, with the crypto Fear & Greed Index now in the neutral zone.  On the other hand, technical analysis of Bitcoin’s price action on the 4-hour candlestick timeframe chart shows that its price behavior has completed a significant correction, one that’s paving the way for a major rally to $130,000.  Bitcoin’s Wave 2 Correction Might Be Complete According to XForceGlobal, a crypto analyst who posted a detailed Elliott Wave chart on the social platform X, Bitcoin’s recent correction fits neatly within a completed WXY pattern. The second wave, which started following the all-time high of $111,814 on May 22 and formed the corrective structure, has now retraced into the expected Fibonacci range between the 23.6% and 38.2% levels. Notably, the ideal minimum target for this correction move was in the $90,000 region, and Bitcoin fulfilled that condition with the pullback to just under $98,200 over the weekend. Related Reading: Bitcoin Elliott Wave Count Predicts Further Crash To $94,000, But What Next? The most important thing was in preserving the macro wave structure. Instead of drawing out a deeper pullback into the 0.618 to 0.886 Fibonacci levels, which is often characteristic of bear market retracements, the analysis maintains the idea that this was a wave 2 correction within a larger bullish impulse.  This distinction is important. If the WXY correction is indeed complete and wave 2 has concluded, the next logical move in the Elliott Wave sequence is a third wave advance. According to Elliott Wave analysis, the third wave is often the most explosive in terms of price expansion. Its outcome could therefore push the price of Bitcoin to new heights that are significantly higher than its most recent all-time high. Why $130,000 Is A Realistic Target For Bitcoin The analyst’s technical projection on Bitcoin’s 4-hour candlestick timeframe chart shows an expected wave 3 trajectory extending beyond $111,800, with an expansion arrow reaching up above $130,000. This is the expansion move and is based on a similar projection of Wave 1. Related Reading: Bitcoin Bearish Move Is Over? Higher Lows Chart A Course To $115,482 In the accompanying chart, the analyst marks the key pivot zone between $98,000 and $102,000 as the Wave C termination area. If this zone indeed marks the completion of the second wave, the next movement would require validation through the formation of a clear 1-2 structure within Wave 3.  This means that confirmation of the bullish count also depends on the price making a new local high above the current range and then pulling back without breaching the recent lows. If that structure plays out, then the market would likely be in the early stages of a powerful third wave. Bitcoin has already made an 8% price gain after it dropped to a low of $98,200 following U.S. airstrikes on Iranian nuclear sites. The most significant upward move came on Tuesday, June 24, when reports of a Middle East cease-fire pushed Bitcoin up roughly 4%. At the time of writing, Bitcoin is trading at $106,330. Featured image from Pixabay, chart from Tradingview.com

Sina—co-founder of the hedge fund 21st Capital—publicly dismantled a popular Bitcoin price model promoted by Real Vision CEO Raoul Pal, calling it a textbook case of data illiteracy and overfitting. The model in question draws a close correlation between Bitcoin and Global M2—a measure of global money supply—by shifting M2 data forward by a set number of weeks, typically 10 to 12, to supposedly “predict” Bitcoin’s future price moves. Raoul Pal has used this chart to argue that macro liquidity conditions drive crypto cycles, and that the current market behavior can be forecast using monetary expansion. Expert Torches M2-Bitcoin Correlation But Sina, a trained data scientist who teaches data analytics at the undergraduate and graduate level, says this model collapses under scrutiny. “This is a terrible failure of not understanding overfitting,” he said in a June 24 video posted to X. “What I’m seeing doesn’t even pass the first month of a first-year data analytics course.” Related Reading: Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall Sina points out that the apparent correlation between Bitcoin and Global M2 only exists because the data has been “tortured” to fit historical patterns. “If I’m allowed to play with the data and arbitrarily move things around, I can definitely find great matches between pockets of data,” he said, warning that this flexibility is exactly what allows analysts to create the illusion of predictive accuracy. The primary issue, he explained, is that the Global M2 data itself is inherently flawed. It’s compiled by multiplying various central banks’ M2 figures by exchange rates—mixing fast-reporting economies like the US with countries that have data delays of weeks or even months. This creates a misleading impression of daily fluctuations in global liquidity. “It seems to be moving on a daily basis, but it’s actually mixing frequent and infrequent updates,” Sina said. “It’s not a true signal.” More importantly, Sina argues that the model fails the moment one zooms out from selective chart slices. While Raoul Pal and others have showcased examples of tightly aligned tops and bottoms between Bitcoin and Global M2, Sina demonstrated how minor tweaks in lead time or scale can yield dramatically different outcomes. “Let’s try a lead of 80 days. That doesn’t look good. What about 108? Ah, now the tops align—so let’s zoom in again and pretend it works,” he said sarcastically. “This is not modeling. This is playing.” Related Reading: Bitcoin Repeats Its 2021 Pattern—Analyst Warns Final Crash Still Ahead He highlighted how each adjustment to the model—shifting from a 12-week lead to 10 weeks, to 108 days—exposes its lack of systematic foundation. “If you don’t have a proper model, you fail to predict the future,” Sina said. “This is classic overfitting. You force the data to match historical behavior, but you lose any generalizability.” To illustrate the concept, Sina compared it to fitting a curve through a noisy sine wave. A well-structured model captures the core pattern and ignores noise. An overfit model, by contrast, attempts to match every small fluctuation—resulting in poor predictive performance when new data arrives. “Overfitting looks better, but it models noise. And noise doesn’t repeat,” he said. Sina also questioned whether Bitcoin might actually lead liquidity, not follow it. “If you look at the last cycle, Bitcoin topped first. Liquidity topped 145 days later,” he said. This reverses the causality implied by the Global M2 model and calls into question its entire premise as a forward-looking tool. His conclusion was blunt: “You have to be very careful with overfitting. It looks matching, but it’s forcibly fit on historical data. You have no idea about the predictive accuracy of this thing.” At press time, Bitcoin traded at $106,952. Featured image created with DALL.E, chart from TradingView.com

The Bitcoin price surge above $106,000 this week has reignited bullish sentiment across the market, with analysts suggesting that the stars are aligning for a rally to a new all-time high. From shifting geopolitical tensions to a major regulatory pivot in the United States (US), multiple macroeconomic factors appear to be setting the stage for Bitcoin’s next explosive move. Ceasefire And Rate Cut Buzz Fuel Bitcoin Price Optimism  Over the weekend, the Bitcoin price briefly slipped, triggering over $200 million in leveraged long liquidations. However, this dip proved short-lived as the flagship cryptocurrency rebounded swiftly above $100,000 following US President Donald Trump’s announcement of a total ceasefire between Israel and Iran. This sudden de-escalation helped ease global market anxiety, pushing Bitcoin past $106,000 and oil prices sharply down from $77 to under $70. Related Reading: Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ Simultaneously, Optimism is building that the US Federal Reserve (FED) could begin cutting interest rates sooner than expected. Sharing new data by CME Group’s FedWatch Tool, crypto analyst CW disclosed that the odds of a FED rate cut have increased to 18.6% by July 30 during the scheduled FOMC meeting.  The report reveals that 81.4% of market participants believe the FED to keep rates unchanged at their current level. However, FedWatch’s data indicates growing expectations for a rate cut by the September FOMC meeting, with 79% betting on a reduction and only 21.3% anticipating no change.  Notably, lower interest rates generally benefit risk assets like Bitcoin by increasing liquidity and boosting investor sentiment. With geopolitical tensions easing and a possibly looser monetary policy on the horizon, Bitcoin could gain further momentum, potentially climbing to $110,000.  Supporting this bullish forecast, crypto analyst Justin Bennett suggests that Bitcoin is gearing up for a rally toward a new ATH of $110,000 following its recent reclaim of the key $103,500 level. Although a retracement to around $102,500 remains possible, Bennett believes that once BTC cleans up support around $103,400, formed during Monday’s expansion, the next move could be parabolic.  Regulatory Win Solidify Bitcoin’s Position In TradFi Beyond anticipated rate cuts and ceasefire announcements, the US FED recently made a landmark policy shift that could have profound long-term implications for Bitcoin and the broader crypto market. By removing “reputational risk” as a factor in evaluating crypto firms’ access to bank servicing, the FED is effectively ending a key pillar of Operation Checkpoint 2.0—a campaign that restricted over 30 crypto and fintech companies from traditional financial infrastructure. Related Reading: Bitcoin Price Deviates From Global M2 Money Supply, Is The Bull Run Over? This recent change clears the way for greater institutional involvement in crypto. The Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) have also followed suit, green-lighting crypto activities for banks and allowing them to participate in the digital assets market without prior approval. Together, these moves mark a regulatory pivot that not only legitimizes the crypto industry but could also accelerate demand and capital inflows into Bitcoin, potentially boosting its already significant valuation. Featured image from Pixabay, chart from Tradingview.com

The cryptocurrency market is currently experiencing heightened volatility, particularly with Bitcoin (BTC) fluctuating dramatically. Recently, the price dipped below $99,000 before rebounding to over $106,000 within a span of just 24 hours. Bullish Bitcoin Setup Amid Geopolitical Tensions In a recent post on social media platform X (formerly Twitter), analyst Cyclop suggested that despite the current market conditions, BTC exhibits a bullish setup reminiscent of the patterns seen in March 2020.  The analyst noted that Bitcoin appears to be mirroring its past movements, with a brief dip followed by a rally for both BTC and altcoins. Cyclop drew parallels between the ongoing geopolitical tensions involving Israel, Iran, and the US and the market dynamics observed during the COVID-19 crash.  Related Reading: Dogecoin About To Explode? ‘Don’t Send It Too Hard,’ Analyst Warns While acknowledging that geopolitical strife and global market panic are distinct issues, he pointed out that both scenarios resulted in sharp but temporary sell-offs followed by swift recoveries. According to Cyclop, the current market setup displays similar characteristics: widespread fear, a risk-off sentiment among investors, and global uncertainty.  He emphasized the importance of understanding the timing of resolution to these tensions, suggesting that for a robust rally, several bullish catalysts are necessary to alleviate market uncertainty. He identified three key factors: potential interest rate cuts, a ceasefire between Iran and Israel, and Bitcoin holding crucial support levels. $120,000 By Year-End? Recently, a ceasefire was declared following 12 days of intense conflict between Iran and Israel. In a notable public statement, President Donald Trump criticized both nations, suggesting that their actions were misguided.  This period of relative calm is seen as a positive indicator for the market. Cyclop highlighted that maintaining the $100,000 level for Bitcoin was crucial, and the cryptocurrency has successfully broken through the $106,000 barrier, signaling further growth. Furthermore, Ethereum (ETH) has also shown signs of a quick recovery alongside Bitcoin with its price nearing the key $2,500 level. Cyclop advised investors not to attempt to time the market perfectly, as reversals can often feel unsettling and uncertain.  Related Reading: Ethereum Bounces Hard After Support Bluff, A False Alarm Or Fresh Rally? Looking ahead, Cyclop anticipates a consolidation phase for Bitcoin within the $102,000 to $106,000 range, with expectations of a breakout that could push BTC to an all-time high of around $120,000 by November or December of this year.  As of this writing, Bitcoin is trading at $106,500 per coin. Despite ongoing economic uncertainties, the market’s leading cryptocurrency has seen a 75% increase year-to-date. However, Bitcoin is still trading nearly 5% below its record high of $111,800, which was reached on May 23. The most important resistance level is $110,200, which has prevented a new price discovery phase for Bitcoin on two occasions. Featured image from DALL-E, chart from TradingView.com 

After the Bitcoin price breakdown below $100,000 over the weekend, multiple new narratives have emerged for where the digital asset may be headed. Calls for the next Bitcoin bear market continue to ring loud as analysts predict lower prices. One crypto analyst, known on X as Astronomer, has taken to the platform to give investors a possible roadmap of where the cryptocurrency is headed next and where to start buying for maximum gains. Next Course Of Action After Crash Following the Bitcoin price crash, Astronomer pointed out that the price had fallen below the expected close. However, it seems that the decline was not completely over, as there could be another final drop. This could come after the market reversal that has taken hold over the last few days, presenting another buy opportunity. Related Reading: XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold From here, the crypto analyst explains that there could be a reversal toward the $95,000 level, and also a possibility of a bounce toward $110,000. As a result of this, the next area of action that investors could start buying from is placed at the $97,000 level, but the price could go lower. Astronomer explains that weekend lows are usually taken out, and with this weekend low still above $97,000, the price could revisit this territory. Nevertheless, the analyst explains that those who have been sidelined throughout the rally, or those who want to begin getting into the market, the Bitcoin price at around $97,000 is a good place to start. In addition to the current market factors, the analyst also points to sentiment and geopolitics as supporting the analysis. “It’s a shame we have to take advantage of blood being shed, from what’s happening in the world, but also from the bears soon at the end of this dip,” the analyst said. Where Is The Bitcoin Price Headed? With the announcement from US President Donald Trump that Israel and Iran have agreed to a ceasefire, the market has already seen a recovery, with the Bitcoin price rallying to $106,000 initially. This has already triggered a turn in the sentiment from Fear back to Greed as investors begin piling in again. Related Reading: Bitcoin Dominance Hits New Cycle High Above 66% – How This 4-Year ATH Affects Altcoin Season In a subsequent post, Astronomer explains that missing out on the buy below $97,000 is no cause for alarm. But cautions against buying now due to fear. The analyst explains that such a move is not advisable as it could lead to losses, as buying during high euphoric times is not advisable. Given this, it is likely better to wait for a correction before going into the market. “Buying higher now during high euphoric times (especially locally), is a worse idea,” Astronomer warned. “Create good habits, create a solid plan, and stick to both.” Featured image from Dall.E, chart from TradingView.com

Bitcoin price started a fresh increase above the $103,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $105,000 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $106,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $104,200 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase above the $102,500 zone. BTC gained pace and was able to climb above the $103,200 and $103,500 levels to enter a positive zone. The bulls pushed the price above the 76.4% Fib retracement level of the downward move from the $106,470 swing high to the $98,276 low. It opened the doors for a push above the $106,000 resistance and the price tested the $106,500 zone. Bitcoin is now trading above $105,000 and the 100 hourly Simple moving average. There is also a bullish trend line forming with support at $106,000 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $106,500 level. The first key resistance is near the $107,200 level. The next key resistance could be $108,500 or the 1.236 Fib extension level of the downward move from the $106,470 swing high to the $98,276 low. A close above the $108,500 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $106,500 resistance zone, it could start another decline. Immediate support is near the $106,000 level. The first major support is near the $105,500 level. The next support is now near the $104,200 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,000, below which BTC might struggle to find bids. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $106,000, followed by $105,500. Major Resistance Levels – $106,500 and $108,500.

The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday.  Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME) gap exists at $92,000.  The analyst predicts that this level will likely be eventually reached, suggesting that closing this gap could create additional fear in the market, which often plays into the hands of market makers.  Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target Doctor Profit also highlighted in his analysis the presence of significant liquidity in that area, making it a probable target for Bitcoin in the near term. This could potentially mean a 12% retrace of BTC’s price.  Doctor Profit also pointed to several technical indicators that suggest a bearish trend for Bitcoin. He highlighted the Moving average convergence/divergence (MACD) crossing on the daily chart and the breakdown of the critical $104,000 level.  Additionally, the analyst mentioned the temporary loss of what he calls the “golden line,” which is currently situated around $103,000 for BTC, another key level to watch in order to accomplish further recoveries.  Doctor Profit warned that caution is necessary, especially near pivotal levels like $100,000 and the CME gap at $92,000. He even posited that a worst-case scenario could see Bitcoin correcting all the way down to the $82,000–$84,000 range. Bitcoin Fate Hangs On Golden Line  Doctor Profit further elaborated that the situation hinges on the golden line, which serves as a critical retest to confirm the breakdown that occurred yesterday. For Bitcoin to secure a bullish continuation, it needs to close above this level. Moreover, he identified a significant liquidity cluster around the $113,000 mark, noting that this area is rife with short liquidations. Should Bitcoin consolidate above the golden line, the uncertainty that has plagued traders could dissipate, allowing for a shift from protective strategies back to a more bullish outlook. Related Reading: XRP Price At Risk Of 20% Crash To $1.55 If This Level Fails To Hold In his analysis, Doctor Profit concluded by stating that while he initially expected Bitcoin to reach $90,000 before any new all-time highs (ATH), the resolution of current market uncertainty indicates that this may no longer be necessary. With the war between Israel and Iran, along with the volatility seemingly over, he believes Bitcoin can accelerate toward new all-time highs without the need to revisit the $90,000 mark. When writing, BTC trades at $105,560, recording a 3% price surge in the 24-hour time frame. At this level, the market’s leading cryptocurrency trails 5.3% below its record high of $111,800.  Featured image from DALL-E, chart from TradingView.com 

Bitcoin (BTC) has been facing significant volatility and downward pressure lately. However, analysts warn that the downtrend may not be over yet, as projections point to a deeper price crash toward $94,000 soon. According to Bitcoin’s Elliott Wave count, the cryptocurrency is currently in a vulnerable phase that may trigger more losses, despite the market’s efforts to rebound. Still, the analyst notes that the next move after this projected crash could see Bitcoin potentially reversing upward to new levels.  Bitcoin Faces Epic Crash As Wave 2 Unfolds Luca, a crypto analyst on X (formerly Twitter), has unveiled a foreboding forecast for the Bitcoin price, warning that the flagship cryptocurrency could still be headed for more pain in the short term. The analyst has outlined an Elliott Wave count for Bitcoin that suggests that the cryptocurrency has not bottomed yet.  Related Reading: Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again According to the 8-hour chart breakdown, Bitcoin is in the midst of completing a Wave 2 correction within a broader bullish trend. The chart shows a five-wave corrective structure unfolding, with the final leg potentially leading to a price crash toward the $94,000 support region. This level aligns with both the 0.382 Fibonacci Retracement and a key support zone.  While Luca reveals that some signs indicate that the correction might have bottomed already, the analyst maintains that one final push lower remains possible before Bitcoin’s next bullish move. The projected dip toward $94,000 is framed as the concluding move of the internal Wave (v) of Wave 2, creating what could be a textbook completion of a corrective cycle.  With the Bitcoin price currently sitting above the $100,000 psychological level at $105,574, a decline to $94,000 would represent a massive blow to its slowly recovering value. Despite the possibility of an upcoming bullish move, this 11.3% decline from current prices could significantly slow down BTC’s momentum, putting more strain on the already volatile market. Nevertheless, Luca suggests that this decline could present a prime accumulation opportunity, indicating that now may be a favorable time to buy Bitcoin.  Game-Changing Reversal With Wave 3 Push Despite the potential for a further pullback, Luca’s broader outlook for Bitcoin remains highly bullish. The Elliott Wave count on the chart signals that BTC is preparing to exit Wave 2 and initiate Wave 3—one of the most powerful phases in the five-wave structure. Once the projected correction to the $94,000 level concludes, Luca expects a strong reversal that could catapult the cryptocurrency to new ATHs.  Related Reading: Crypto Pundit Reveals Why This Bitcoin Bull Market Feels Different As Crypto Enters ‘New Era’ A large purple upward arrow on the chart visualizes the anticipated Wave 3 surge, pointing toward a possible target zone above $122,000. This projection is rooted in the technical and historical tendency for Wave 3 to be the steepest and most aggressive wave in the Elliott Wave cycle. With Bitcoin still hovering near a high-confluence support zone, the stage appears set for a decisive rebound in the coming weeks, provided macro conditions don’t shift dramatically. Featured image from Pixabay, chart from Tradingview.com

Bitcoin rallied above $105,000 in mid-morning European trading on Tuesday, clawing back losses sustained over the weekend after dipping below six figures for the first time since May. Yet the respite may prove fleeting, says veteran technician Quantum Ascend (@quantum_ascend). Bitcoin Price Mirrors 2021 On side-by-side charts of the current cycle and the 2021-to-2024 arc, the analyst argued that Bitcoin is “the same exact pattern—run-up, one high, back down, second high,” followed by an ABC corrective sequence that in 2021 bottomed only after a second, deeper flush. “Gut says no,” he told viewers when asked whether last Friday’s sell-off had already marked capitulation. “We’ve been talking about this ABC since March… people were calling for new lows; I said nope, we got five waves at the top, we got an ABC and then we go— and that’s when the alts take off.” His base case now envisions a relief rally toward the $107,000–$108,000 band—the level where a trend-line projected from the two post-halving peaks intersects—before a final leg lower drives price into what he calls the “pain box” sandwiched between the 0.702 and 0.618 Fibonacci retracements of the entire rally from last October’s $58,000 breakout. In 2021 that zone ultimately wicked to the exact 0.618, a move he believes could repeat, implying spot levels between roughly $96,500 and $92,000. “This measurement fits the parameter now… if it wants to turn around and rip, great,” he conceded, “but there’s still a very good chance that was not the end.” Related Reading: Bitcoin STHs Capitulate: 14,700 BTC Moved To Exchanges At Loss Internally, the analyst parses the current drop as the developing C-wave of a larger flat, subdividing into a classic five-wave impulse. Wave three, he notes, appears complete; wave four “could come up high,” granting altcoins a short-lived pop, “but hopefully, again, sooner than later, we roll over.” He cites 2021’s July fractal, when Bitcoin bounced 20% before sliding a final time, as a psychological template. “When there’s a big news narrative event,” he observed, “we’ll get a little relief—people think it’s done—then wham, one more thing to scare retail.” Macro sentiment, he argues, remains fragile. The Chicago Mercantile Exchange gap at $92,000 is drawing “average-retail” bids, a setup he characterises as a “washing machine” in which professional money fronts liquidity only to fade it. “Retail is just a washing machine, man… that buy isn’t going to get filled,” he warned. Still, he reiterated long-term optimism, revealing he “hammered some buys” during Monday’s dip and advising his followers to dollar-cost average—“not financial advice”—through the turbulence. Related Reading: Bears Will Be Washed Out Of Bitcoin If This Happens Quantum Ascend’s upside target for the ensuing impulsive advance is comparatively restrained: $132,000, a level he says enjoys “two pieces of confluence” and would coincide with “the alts moment” when Bitcoin dominance finally cracks. “We will eventually work our way back up near the top of this B-wave… flag a little, and then boom,” he predicted, referencing November 2021’s so-called “Trump pump” that ignited a multisector altcoin surge. For now, traders watch the 0.702–0.618 pocket and the mooted relief ceiling at $108,000. Should Bitcoin slice through support without that interim bounce, the analyst says, the flush could conclude “sooner than later,” clearing the runway for what he calls “the next few months—our moment.” In his sign-off he urged viewers to “be an adult, live through it,” but also confessed palpable excitement: “I feel really good about where we’re at.” Whether the market shares his confidence will likely become clear once the final C-wave verdict arrives—perhaps, he hopes, within the week. At press time, BTC traded at $105,077. Featured image created with DALL.E, chart from TradingView.com

Bitcoin price started a fresh increase from the $98,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $102,000 zone. The price is trading above $102,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $102,500 zone. Bitcoin Price Recovers Ground Bitcoin price started a fresh increase from the $98,500 zone. BTC gained pace after Trump announced a ceasefire. The price was able to climb above the $102,000 and $103,200 levels. Besides, there was a break above a key bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair. The pair cleared the 61.8% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. Finally, the price traded close to the $106,000 level. Bitcoin is now trading above $104,000 and the 100 hourly Simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. On the upside, immediate resistance is near the $106,000 level. The first key resistance is near the $106,200 level. The next key resistance could be $106,500. A close above the $106,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance level. Any more gains might send the price toward the $110,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $106,000 resistance zone, it could start another decline. Immediate support is near the $104,000 level. The first major support is near the $103,500 level. The next support is now near the $102,500 zone. Any more losses might send the price toward the $101,200 support in the near term. The main support sits at $100,000, below which BTC might struggle to find bids. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,000, followed by $103,500. Major Resistance Levels – $106,000 and $106,500.

Bitcoin briefly fell below the critical $100,000 level over the weekend, reaching a low of approximately $98,200 and triggering a wave of panic selling across crypto markets. The sharp drop came after news broke of US military strikes on Iranian nuclear facilities, a move that significantly escalated the already volatile conflict between Israel and Iran. The geopolitical shock sent global markets into risk-off mode, with Bitcoin reacting quickly to the growing uncertainty. Related Reading: Solana Cracks Below Key Structure – Head And Shoulders Breakdown Points To $106 Despite the weekend dip, BTC has since reclaimed the $100K mark, but sentiment remains fragile. Investors are now watching key technical levels closely to determine the next move. According to top analyst Ted Pillows, Bitcoin must hold the daily EMA-100 to avoid further downside pressure. A decisive close below this level could open the door for a deeper correction, especially if macroeconomic and geopolitical risks persist. As volatility spikes and fear grows, Bitcoin’s ability to maintain support at these levels may define whether the bull cycle continues or enters a prolonged consolidation phase. All eyes are now on the $100K zone, which has become a critical battleground for bulls and bears in a market driven by both technicals and global tension. Bulls Defend $100K As Dominance Rises and Market Faces Crucial Test Bitcoin is once again at a pivotal moment. After dipping below the psychological $100,000 level over the weekend amid growing geopolitical tensions, BTC quickly reclaimed this critical threshold, offering a glimmer of hope to market participants. Although bulls managed to push the price back up, the overall structure remains fragile, and technical indicators now carry more weight than ever. Ted Pillows noted in a recent update that Bitcoin must hold its daily EMA-100 to preserve bullish momentum. A daily close below $99,000 would confirm a break below this key support zone, likely triggering a retest of the $92,000–$94,000 region. Such a move could create significant downside pressure, particularly on altcoins, which are already lagging behind in performance. In Pillows’ words, “If Bitcoin loses this level, alts will be annihilated.” Despite the looming risks, fundamentals remain solid. Bitcoin dominance continues to hover near its highest levels of the year, reflecting growing investor preference for BTC over high-beta assets during uncertain times. On-chain metrics still indicate strong holder conviction, and macro narratives continue to favor Bitcoin as a hedge amid fiat instability and rising geopolitical uncertainty. If Bitcoin can hold the $100K level and reclaim momentum, it could lead to renewed strength and eventually a push toward the $109K resistance zone. For now, however, bulls are on the defensive. Price action over the next few days will likely define the trajectory for the remainder of Q3, with a close watch on EMA support, macro headlines, and risk sentiment across global markets. Related Reading: Ethereum Weekly Chart Nears Tower Top Formation As US Launches Attack On Iran – Details Bitcoin Struggles Below Resistance Amid Bearish Price Structure The 12-hour chart for Bitcoin reveals a bearish structure following the breakdown below the $103,600 support zone. After forming a symmetrical triangle throughout mid-June, BTC failed to break upward and instead reversed direction, confirming a downward breakout. This move triggered a sharp decline to $98,200 over the weekend, followed by a modest recovery to the current $101,250 level. The price is now trading below both the 50 and 100-period simple moving averages, which are beginning to curl downward, signaling a shift in momentum away from bulls. The 200-period SMA, currently near $95,600, stands as the next major support if downside pressure continues. Volume has picked up notably on the red candles, adding weight to the bearish case and confirming active selling during the recent drop. Related Reading: Ethereum Charts Signal Potential Bottom – All Eyes On Next Move Bitcoin must reclaim the $103,600 zone and hold above it to invalidate the bearish pattern and regain control. Failure to do so could result in further downside toward $95,000 and possibly even $92,000. As long as BTC remains below the broken triangle support and the $103K resistance, the path of least resistance remains downward. Bulls face an uphill battle, and confidence may erode quickly if the $100K psychological level is breached again. Featured image from Dall-E, chart from TradingView

The Bitcoin dominance has hit a new cycle high, providing a bearish outlook for altcoins and any potential altcoin season. Crypto analyst Finsends has commented on this development and how it could affect the altcoin season moving forward.  What’s Next As Bitcoin Dominance Hits New High? In an X post, Finsends stated that the Bitcoin dominance has made a new high and that it feels like it can never go down again. However, he opined that there should be a bigger correction starting somewhere around the current levels. The analyst added that the potential target area for a top in this scenario goes up to 68.56%. Related Reading: Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why His accompanying chart showed that the Bitcoin dominance could hit this projected top of 68.56% in July, after which a decline would begin. Based on the chart, the BTC.D could drop to as low as 48% on this decline, paving the way for a potential altcoin season. If so, then altcoins could witness significant gains in the second half of the year and outperform BTC in the process.  In an X post, crypto analyst Michaël van de Poppe also commented on the rising Bitcoin dominance and a potential altcoin season. He noted that the altcoin season indicator has hit its lowest number in two years. The analyst added that the lows of this indicator over the last six years were in June or July.   Based on this, he remarked that there seems to be a pattern since the indicator has hit a low again this June. Michaël van de Poppe didn’t predict when exactly altcoin season could begin or if the Bitcoin dominance would top anytime soon. However, before now, he had expressed confidence that the alt season would still happen. The analyst noted that the last cycle was also called a Bitcoin cycle until altcoins started to run and heavily outperformed.  What Needs To Happen For Altcoins To Take Off In another X post, Michaël van de Poppe stated that altcoins are in need of an upward push from Ethereum, and that this needs to happen through a push of Bitcoin. He further remarked that once the BTC price bottoms out, that is a very likely moment for Ethereum to continue outperforming the flagship crypto, with the Bitcoin dominance declining.  Related Reading: Analyst Calls Start Of Altcoin Season Amid Deviation Of Cyclical Lows – Details The analyst believes that altcoins would start “shining” when the next leg upwards for Ethereum takes place, possibly ushering in altcoin season. He declared that once altcoins start to shine, market participants can expect them to heavily outperform the markets. However, for now, Michaël van de Poppe believes investors need to have some more patience.  At the time of writing, the Bitcoin price is trading at around $101,700, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com

The Bitcoin price crash has been spurred on by looming war events as Iran and Israel continue to go head-to-head. Naturally, the financial markets have responded negatively to this news, and the crypto market has not been left out. Interestingly, the Bitcoin price had sat above the $100,000 psychological level for the longest. However, it was only a matter of time before it lost this support and crashed further, especially as the digital asset seems to only have major support in the 5-digit territory. Analyst Says Bitcoin Price Is Headed Below $90,000 In a TradingView post, crypto analyst Master Ananda has revealed major bearish formations for the Bitcoin price. With the $100,000 support having held so far through the last week, it suggested there is still some buying going on for the cryptocurrency. However, the chart does not show enough strength to hold this level. Related Reading: XRP On-Chain Activity Down 80% In 5 Months, Experts Argue Bullish/Bearish Implications Since the market has been rocked by over $1 billion in liquidations in the last week, it has transferred some weakness to the BTC price, putting the bears in charge once again. Pointing this out, Master Ananda explains that the weekly chart, in particular, is not showing any good signs. The current Bitcoin price action seems to only be a continuation of the bearish price action that began after it hit a peak of $111,900 back on May 19, 2025. Since then, the decline has been consistent, and the crypto analyst says the market looks “terrible” right now. Given the crash, the major support for Bitcoin is no longer above $100,000, but over 10% below it. As the price has previously broken below $100,000, the first support the market could see would be at $88,888. Failure to hold at this point would trigger another 5% decline toward $82,500 before bulls are able to put up any fight. What Happens If BTC Stays Above $100,000? While the bearish trend is the most dominant at this point, there is still the possibility that the Bitcoin price could stay back above $100,000 and hold the fort there. In this case, it is likely that the bullish trend would continue. The crypto analyst highlights this in another post, forecasting a very sharp upward move if this happens. Related Reading: Bitcoin Bullish Divergence That Appeared Before The May ATH Has Returned Again In the case of a recovery, then Bitcoin could retest the upper trendline that sits right above $108,000. And as for how long all of this could take to play out, the crypto analyst believes that the entire thing shouldn’t take more than two weeks to actually unfold and pick a direction. “Do not be afraid if the market shakes, Bitcoin is going up; Crypto will grow, regardless of the short-term,” the analyst said in closing. Featured image from Dall.E, chart from TradingView.com

The market’s leading crypto, Bitcoin (BTC), dipped below the $100,000 mark for the first time in over a month on Sunday, following US airstrikes on Iran as conflicts in the middle east continue to escalate.  This decline, which saw the Bitcoin price drop approximately 4% to around $99,300, coincided with a broader market sell-off, with Ethereum (ETH) experiencing an even sharper decline of nearly 10%. Overall, the total cryptocurrency market took a significant hit, falling about 7% in just 24 hours. Geopolitical Unrest And Tariff Troubles The timing of this downturn was particularly notable, occurring just hours after the US targeted three key nuclear sites in Iran. Tensions had escalated following a United Nations report that indicated Iran was not adhering to international prohibitions against developing a military nuclear program.  In response to these revelations, Israel conducted strikes against Iran, leading to further retaliation from the Islamic Republic. On Saturday, President Donald Trump declared on social media: This is an HISTORIC MOMENT FOR THE UNITED STATES OF AMERICA, ISRAEL, AND THE WORLD. IRAN MUST NOW AGREE TO END THIS WAR. THANK YOU! Related Reading: Solana Cracks Below Key Structure – Head And Shoulders Breakdown Points To $106 This recent plummet below the psychologically significant $100,000 threshold follows a year of substantial gains for Bitcoin. After Trump took office in January, Bitcoin reached all-time highs above $100,000 in February, buoyed by executive orders aimed at supporting the cryptocurrency sector.  However, the cryptocurrency’s price soon mirrored the broader declines in financial markets, particularly after Trump announced severe tariffs in April, which saw Bitcoin fall to nearly $75,000, its lowest point in 2025. Despite this volatility, Bitcoin had seen a resurgence, particularly in May when it reached new highs as Wall Street investors returned to the cryptocurrency through US exchange-traded funds (ETFs).  However, by late Sunday, there were signs of recovery, with Bitcoin trading approximately at $101,300, down only 1% over the previous day, while ETH managed to pare its losses to around $2,200. Forced Liquidations Exacerbate Bitcoin Sell-Off According to CNBC, Iran has also threatened to block the Strait of Hormuz, a crucial shipping route responsible for approximately 20% of the global oil supply, further adding to the broader financial uncertainty.  JPMorgan warned that such a blockade could drive oil prices up to $130 per barrel, which would have significant implications for US inflation, potentially pushing it back toward 5%—a level not seen since March 2023.  While Bitcoin has often been promoted as an inflation hedge, its recent behavior aligns more closely with that of high-beta tech stocks. Data from crypto provider Kaiko indicates that Bitcoin’s correlation with the tech-heavy Nasdaq has increased sharply in recent weeks, particularly following the surge in inflows into Bitcoin ETFs. Related Reading: $312M ETH Transfer Triggers Sell-Off Fears As Ethereum Price Crashes Below Support Institutional investment patterns have also shifted. More than $1.04 billion flowed into spot Bitcoin ETFs from Monday to Wednesday last week, but this momentum dissipated as the weekend approached, with minimal net movement on Thursday and only $6.4 million on Friday.  The technical aspects of the market further exacerbated the sell-off. Research from CoinGlass revealed that Bitcoin’s drop below $99,000 triggered forced liquidations across offshore derivatives platforms, including Binance and Bybit.  During this period, over $1 billion in crypto positions were liquidated within 24 hours, with more than 95% of these coming from long positions, highlighting the market’s overexposure. Featured image from DALL-E, chart from TradingView.com 

Bitcoin price started a fresh decline below the $103,000 zone. BTC is now consolidating and might struggle to recover above the $103,500 resistance. Bitcoin started a fresh decline below the $103,000 zone. The price is trading below $102,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $101,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $100,000 zone. Bitcoin Price Dips Further Bitcoin price started a fresh decline below the $105,500 zone. BTC gained pace and dipped below the $104,200 and $103,000 levels. There was a clear move below the $102,000 support level. Finally, the price tested the $98,250 zone. A low was formed at $98,277 and the price started a consolidation phase. There was a minor recovery above the 23.6% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. However, the bears were active below the $101,200 zone. Bitcoin is now trading below $102,000 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance at $101,250 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $101,250 level. The first key resistance is near the $102,500 level or the 50% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. The next key resistance could be $103,500. A close above the $103,500 resistance might send the price further higher. In the stated case, the price could rise and test the $105,000 resistance level. Any more gains might send the price toward the $106,200 level. Another Drop In BTC? If Bitcoin fails to rise above the $102,000 resistance zone, it could start another decline. Immediate support is near the $100,150 level. The first major support is near the $98,500 level. The next support is now near the $96,500 zone. Any more losses might send the price toward the $95,500 support in the near term. The main support sits at $95,000, below which BTC might struggle to find bids. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $100,150, followed by $100,000. Major Resistance Levels – $101,250 and $103,500.

Bitcoin’s narrow price movement over the past week contradicts a much different development in the futures market. According to Axel Adler Jr., an analyst at on-chain analytics platform CryptoQuant, a sharp rise in the long liquidation dominance metric could set the stage for a significant shift in sentiment that may completely wash out bears from the market. Adler shared the data in a recent post on X, accompanied by a chart showing previous points that resemble the current setup. Long Liquidation Spike Without Price Crash The dominance of long liquidations has jumped from 0% to +10% over the past seven days, a move that typically shows distress among bullish traders. However, what makes the current development especially noteworthy is the absence of a steep crash in Bitcoin’s price. Instead, in the just concluded week, Bitcoin held mostly within the $103,000 to $106,000 range until a recent drop, despite facing increasing pressure from long-side liquidations. Related Reading: XRP Daily RSI Trendline Breaks Down – What It Means For Price Axel Adler Jr. explained that this sustained liquidation of long positions without a full-blown price collapse indicates sustained buyer support. According to data from CryptoQuant, BTC’s long liquidations hit 2,200 BTC, the highest in the past week. Usually, a surge in long liquidations suggests that traders who were anticipating a price rally are being pushed out of their positions under pressure.  The CryptoQuant chart below shows how spikes in long liquidation dominance, especially in the 15% to 20% range, have always preceded bullish reversals. According to the analyst, if this metric rises by another 5–7%, it could cause a high-probability scenario where bearish positions are washed out and flip Bitcoin’s price movements in favor of the bulls.  Image From X: @AxelAdlerJr Large Wallets Accumulate As Retail Exits Data from Santiment, another on-chain analytics platform, shows an interesting dynamic playing out among Bitcoin holders. Over the past ten days, wallets holding over 10 BTC have increased by 231 addresses, which is a 0.15% rise. Meanwhile, smaller retail wallets containing between 0.001 and 10 BTC have dropped by 37,465 in the same timeframe. This trend highlights a divergence in sentiment between large and retail holders. Related Reading: XRP Price Crash Tests Critical Support At $2.1, Will It Break? According to Santiment, the shift where whales and sharks accumulate while retail exits is a bullish combination for Bitcoin. Bitcoin’s market value is hovering just below $104,000 during this accumulation phase, and there could be an eventual upward breakout once retail holders begin to reenter. Image From X: Santiment Despite the underlying on-chain strength, Bitcoin’s spot price has taken a short-term hit in the past 48 hours. During this timeframe, Bitcoin’s price has slipped below support levels between $106,000 and $103,000. At the time of writing, Bitcoin is trading at $102,670, down by 2.6% in the past 24 hours. The decline can be largely attributed to recent U.S. strikes on Iran. The U.S. military strikes on Iranian nuclear facilities (June 21-22) caused immediate risk aversion across markets. Bitcoin fell 3.2% after announcements of the strikes, much like its 6% drop during similar 2020 Iran tensions. Featured image from Dall.E, chart from TradingView.com

The spot Bitcoin ETFs (exchange-traded funds) have been in good form over the past few weeks, receiving renewed interest from investors in the United States. This recent spurt of momentum has been a rare bright spark in the crypto market, which has been overwhelmed with investor uncertainty lately. Interestingly, the typically straight line between the spot Bitcoin ETFs’ performance and the BTC price action has not been particularly straight in the past few weeks. While the crypto-linked financial products have shone in the past few days, the underlying premier cryptocurrency has seen better days. Spot Bitcoin ETFs Record $1 Billion In The Past Week According to the latest market data, the US-based spot Bitcoin ETF market recorded a total net inflow of $6.37 million on Friday, June 20. This performance marked the ninth successive day of positive capital influx for the crypto investment products, signaling increased investor interest and demand. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets SoSoValue data shows that BlackRock’s iShares Bitcoin Trust (with the ticker IBIT) was the only BTC exchange-traded fund with net inflow on Friday. The trillion-dollar asset manager’s fund added a remarkable $46.91 million in value to close the week, as it continues to lead the pack in net assets. Fidelity Wise Origin Bitcoin Fund (FBTC) was the only other Bitcoin ETF that recorded any activity on Friday. According to market data, the second-largest spot BTC exchange-traded fund by net assets posted a daily net outflow of $40.55 million on the day. Nonetheless, the $6.37 million single-day performance pushed the US-based Bitcoin ETFs’ weekly record above the $1 billion mark. While this figure falls short of the exchange-traded funds’ performance ($1.39 billion) in the previous week, it still represents a trend in the right direction after enduring two weeks of nearly $300 million in outflows. Bitcoin Price Falls Below $101,000 Level Despite the positive performances of the US-based Bitcoin ETFs, BTC’s price has continued to struggle to build any sustained bullish momentum over the past two weeks. The flagship cryptocurrency seemed set for another trip to a new all-time-high price earlier this week before succumbing to some bearish pressure mid-week. In the late hours of Saturday, the price of BTC fell to below the $101,500 level as another wave of downward pressure hit the crypto market. As of this writing, the market leader is valued at around $101,484, reflecting an almost 2% price decline in the past 24 hours. According to data from CoinGecko, the price of Bitcoin is down by nearly 4% in the past seven days. Related Reading: Bitcoin Sees Modest Gains, But Demand Weakness Limits Breakout Potential Featured image from iStock, chart from TradingView

The Bitcoin price had a tough start to the weekend, plummeting from its $106,000 high to just above $103,000 on Friday, June 20. The flagship cryptocurrency became somewhat stable above this price zone, hovering around the $104,000 mark for most of the past day. However, the Bitcoin price faced another wave of bearish pressure in the late hours of Saturday, June 21, falling to around $101,500 as a result. Below is an analysis of the BTC price and what lies ahead for the world’s largest cryptocurrency by market capitalization. Next BTC Support Level Lies At $100,000: Analyst Popular crypto analyst with the pseudonym Titan of Crypto put forward an interesting analysis for the Bitcoin price as the market leader struggles to build any momentum. According to the online pundit, the price of BTC could be on its way to retest a crucial support area if it continues to lose its bullish impetus. Related Reading: Bitcoin Net Taker Volume Enters Deep Red On Binance — What’s Next For BTC Price? Using the Bitcoin price chart on the weekly timeframe, the next significant support level lies around the $99,000 – $100,000 range. The confluence of the Fair Value Gap (FVG) and the rising Tenkan-sen (red line) around this price region makes the zone a significant area to watch if selling pressure persists. The Tenkan-sen, a key component of the Ichimoku Cloud indicator, is often considered a significant line in analyzing short-term trends. The Tenkan-sen line is often seen as a key support and resistance level, as well as a signal line for potential trend reversals. The Fair Value Gap is a liquidity void often created by a sharp movement in price, indicating a lack of trading activity within a particular price range. FVGs are usually considered as potential regions of interest for future price corrections, as investors often look to fill the liquidity void. With the FVG and the Tenkan-sen set within this same region, Titan of Crypto noted that the Bitcoin price may find a support cushion around the $100,000. This level appears to be extremely crucial for the flagship cryptocurrency in the short term, especially as its bullish momentum wanes. Meanwhile, holding above this $100,000 support could be critical to Bitcoin’s long-term trajectory. It is worth noting that the price of BTC has not traded beneath $100,000 since May 8, reaching the $110,000 mark twice within that span. Bitcoin Price At A Glance After falling to around $101,400 in the late hours of Saturday, the price of Bitcoin has now returned around $103,000. As of this writing, the price of BTC stands at around $102,845, reflecting a 0.4% decline in the past 24 hours. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets Featured image from iStock, chart from TradingView

The Bitcoin price action in June has displayed healthy swings from a low of about $100,500 to as high as $111,000. While it has lacked the impulsive momentum seen in past cycles for more bullish swings, the premier cryptocurrency has managed to maintain its valuation above $100,000. Over the past week, BTC has displayed relative price stability, with modest bullish movement at intervals. The cryptocurrency continued to trade within a tight range for most of the week, mirroring a mix of optimism and caution amongst market participants. Active Addresses Mirror 2020 Levels In a June 20 post on social media platform X, on-chain analytics firm Alphractal published its recent findings on the Bitcoin active addresses, revealing that the flagship cryptocurrency does not show an indication of market euphoria.  Related Reading: Bitcoin Price Bottoms Out? Recovery Hopes Rise After Base Formation The relevant on-chain indicator here is the Active Addresses metric, which measures the number of unique addresses that are active on the Bitcoin network within a specific timeframe. To be clear, an address is “active” if it is receiving and sending Bitcoin during a particular period.  The chart shared by Alphractal shows that active addresses are at the same level as in 2020. The analytics firm pointed out that as of 2020, the market was facing political uncertainty, dealing with a global pandemic, and widespread social fear, as the effects on market engagement are what is currently being witnessed. In the post on X, Alphractal highlighted two possible reasons for this seeming lack of enthusiasm seen in investors. Firstly, the market intelligence firm noted that investors might have become disillusioned with all that is currently happening in the crypto market, regardless of Bitcoin’s value comfortably being above $100,000. On the other hand, Alphractal put forward the possibility that this relative inactivity could be a result of a strong long-term conviction in the flagship cryptocurrency as a store of value. However, this second reasoning was immediately put down by Alphractal as readings from two other indicators — the on-chain volume and spot volume — are both low, indicating little global interest in the cryptocurrency. As Bitcoin still prevails above $100,000, this could be a strong indication, Alphractal explained, “that only the most resilient are taking advantage of the long-awaited $100k per BTC.” Bitcoin Price At A Glance  As of this writing, Bitcoin is valued at about $103,290, reflecting an over 1% price decline in the past 24 hours. According to data from CoinGecko, the price of BTC has fallen by about 2.4% in value over the past seven days. Related Reading: Solana Analyst Sees $123 And $116 As Mid-Zone Support Levels – Here’s Why Featured image from iStock, chart from TradingView

Based on reports from analyst Moustache, Bitcoin may be gearing up for its next big move. The world’s largest cryptocurrency climbed above $105,000 for the second time this week. At press time, it was trading at nearly $104,000, up 0.50% over the past 24 hours. Related Reading: Bitcoin Nears Climax, But A Twist Awaits—Analyst Reveals Key Insight Historical RSI Breakouts Could Signal New Push According to the charts shared by Moustache, Bitcoin’s monthly Relative Strength Index (RSI) tends to surge into overbought territory just before major rallies. Back in July 2013, Bitcoin sat at $66, then jumped to nearly $1,120 by November as the RSI hit high levels. A similar spike happened in May 2017, when BTC rose from about $1,300 to $19,700 by December. On April 1, 2021, Bitcoin reached $64,800 while the RSI again climbed beyond its usual range. In 2024, those RSI peaks came on March 1 at $73,800 and again in November when it cleared $100,000. #Bitcoin$BTC monthly RSI is so close to entering overbought territory. The real run starts with this. Look at the past and you know why. pic.twitter.com/8O1Z8RDuNs — ????????????????????????????ⓗ???? ???? (@el_crypto_prof) June 19, 2025 Whales Stack Up Bitcoin While Retail Pulls Back Based on reports from on‑chain data provider Santiment, large holders are scooping up coins even as smaller investors step aside. Over the last 10 days, wallets with at least 10 BTC rose by 231 addresses. At the same time, retail wallets holding between 0.001 and 10 BTC fell by 37,460 addresses. That shift suggests big players are using recent dips as a buying chance. In past cycles, similar moves by whales have come before sustained price gains. ???? Bitcoin’s elite vs. mortal wallets are moving in two different directions as its market value sits just north of $104.3K. ???? Wallets with 10+ $BTC: +231 Wallets in 10 Days (+0.15%) ???? Wallets with 0.001 to 10 $BTC: -37,465 Wallets in 10 Days (+0.15%) When large wallets… pic.twitter.com/uhZf6rPYvq — Santiment (@santimentfeed) June 19, 2025 Overbought But Not Out Analysts warn that an overbought RSI doesn’t always mean an instant surge. In past runs, Bitcoin often paused or pulled back for days or even weeks before the real rally got underway. Sometimes the RSI stayed elevated while prices drifted sideways. In 2017, for example, a correction followed the high RSI but the broader uptrend kept going. Today’s RSI is near those same levels—and could linger there for a while. Related Reading: Dogecoin Breaks Free—Could Soar 60%, Analyst Says What Comes Next For Bitcoin Investors will be looking beyond technical cues. Macro events, ETF moves and regulatory announcements may guide the next direction. If institutions continue to accumulate and retail continues to avoid, price pressure will develop. But a surprise headline or policy change might go the other direction. For now, the intersection of high RSI and increasing whale demand suggests a setup that has fueled previous bull frenzies. Featured image from Unsplash, chart from TradingView

The Bitcoin price crashed from as high as $106,000 to $102,000 on June 20, sparking sell-offs among investors. Now, crypto analyst Colin has indicated that the flagship crypto could still drop to as low as $92,800 and revealed what will happen if BTC gets there.  The Current Bitcoin Price Action And What To Expect In an X post, Colin said that it looks increasingly likely that the Bitcoin price will see a retest of at least 100,800 as the first major level of support. The analyst made this statement as BTC dropped out of a bullish pennant for a second time. The measured target for this bull pennant is $150,000.  Related Reading: Analyst Says Bitcoin Price Could Rise 3x To $300,000 As AVIV Levels Resemble Previous Bull Cycles However, with the most recent breakdown, the Bitcoin price threatens to decline further before any potential move to the upside. Colin stated that the next major levels below $100,800 are $97,600 and $92,800. He opined that BTC is likely to quickly rebound from these support levels if it gets there.  The crypto analyst remarked that this Bitcoin price movement is all possible within the confines of the right shoulder of the larger inverse Head-and-Shoulders pattern. He added that this can make the right shoulder more complete, basically on the same level as the left shoulder. This analysis comes just a day after Colin revealed that BTC has deviated from the global M2 money supply.  However, he suggested that the BTC bull market is far from over. The analyst noted that the deviation happens 20% of the time and doesn’t invalidate the macro trend. Basically, the Bitcoin price is primed to rally higher at some point and possibly reach the $150,000 measured target. Market expert Raoul Pal also commented on BTC’s correlation with the money supply, stating that it shows that there is no need to worry about the current price action.  Bulls Need To Step In For BTC In an X post, crypto analyst Titan of Crypto stated that the Bulls need to step in now for the Bitcoin price. He noted that BTC is facing a key test, having just been rejected at the Fair Value Gap at around $106,000. The analyst added that the flagship crypto is now retesting the lower boundary of the symmetrical triangle.  Related Reading: Analyst Says Bitcoin Price Could Rise 3x To $300,000 As AVIV Levels Resemble Previous Bull Cycles Titan of Crypto stated that if this lower boundary at around $104,000 fails, then the next level would be the previous weekly low at $102,679. If the Bitcoin price fails to hold that level, it could further drop to the liquidity pocket near $100,300.  At the time of writing, the Bitcoin price is trading at around $103,500, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

After another strong play for its all-time high in the past week, the price of Bitcoin has struggled to build on its recent bullish momentum. Over the last few days, the premier cryptocurrency has been specifically slow and lethargic. On Friday, June 20, the Bitcoin price took a severe hit — together with the rest of the crypto market — and fell briefly beneath the $103,000 mark. However, the latest market data suggests that the price of BTC might enjoy some stability after the recent round of long liquidations. BTC Gearing For A Run Of ‘Healthier Price Action’: Analyst In a Quicktake post on the CryptoQuant platform, on-chain analyst Amr Taha explained the dynamics between the Bitcoin price and its recent long liquidation event. According to the online pundit, the market leader could be preparing for more stable price action over the next few weeks. Related Reading: Is Bitcoin Gearing Up for a Breakout? On-Chain Signals Say ‘Watch This Level’ Taha revealed that the critical $103,000 liquidation cluster, which held a large volume of overleveraged long positions on Binance, has been cleared off. This cascade of long liquidations came after the price of Bitcoin plunged toward the $102,500 level on Friday evening. According to data from CryptoQuant, the price decline caused the long liquidations on Binance, the world’s largest exchange by trading volume, to exceed $160 million. The on-chain analyst noted that this long liquidation event also coincided with a major change in the Bitcoin Net Taker Volume on the cryptocurrency exchange. Taha highlighted that the Net Taker Volume has moved deep into the negative territory, falling to nearly -$100 million in the past day. As observed in the chart below, this latest plunge marks the third time the Net taker Volume has fallen to this level in the month of June. According to Taha, the change in this metric suggests that aggressive selling outweighed buying activity during the liquidation event. The on-chain analyst outlines two possible reasons for this trend, including that long positions were forced to close, pushing sell orders into the market as the Bitcoin price fell below $103,000.  Taha added that some sections of Bitcoin retail traders might have pushed the panic button and filled new sell orders in fear of further losses. In the end, the crypto analyst concluded that the combination of long liquidations and extremely negative Net Taker Volume might not be completely bad for the flagship cryptocurrency. Taha said: While such events often feel devastating in the moment, they lay the groundwork for healthier price action. Given these dynamics, the path of least resistance may now shift upward as Bitcoin stabilizes above key support levels with reduced leverage overhead. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $103,450, reflecting an over 1% decline in the past 24 hours. Related Reading: Is Bitcoin Gearing Up for a Breakout? On-Chain Signals Say ‘Watch This Level’ Featured image from iStock, chart from TradingView

Bitcoin is currently hovering in a tightly compressed price range after failing multiple times to break above $110,000 earlier this month. The past few days have been characterized by the leading cryptocurrency trading around $105,000, with neither bulls nor bears taking control. Despite the overall consolidation, a subtle yet significant signal is starting to flash beneath the surface, particularly on the 4-hour chart, that might send Bitcoin to a new all-time high soon. Return Of Rare Divergence Pattern On Bitcoin’s 4H Chart Crypto analyst Luca (@CrypticTrades_) took to social media platform X to share a chart that highlights an important technical development on Bitcoin’s 4-hour timeframe: the return of a bullish divergence. This signal, which previously appeared in early April, preceded the massive rally that catapulted Bitcoin to its May 22 all-time high of $111,800. The same divergence is forming once again and another Bitcoin price breakout may be very close. Related Reading: Why The Bitcoin Price Could See Another 70%-170% Jump From Here As shown in the 4-hour candlestick timeframe chart below, the divergence is clearly illustrated between price action and the Relative Strength Index (RSI). Price has been forming lower lows, while the RSI has been printing higher lows. This mismatch serves as an early indicator that selling momentum is fading, and a reversal to the upside could follow. The previous instance of this pattern directly preceded a sharp move from a $74,000 low in early April to above $111,000 in just a few weeks. What Does This Divergence Mean For Bitcoin’s Price? Bullish divergences on mid-timeframe charts like the 4-hour have a reputation for being the first reversal signals when supported by rising volume. In Bitcoin’s current case, the appearance of this pattern again could mean that the recent retracement from $111,800 has run its course. With RSI now trending upward even as price presses slightly lower, Bitcoin may be witnessing another hidden accumulation phase before its next leg higher. Related Reading: Bitcoin Price Trend Above $100,000: The Good News And The Bad News If the pattern holds true to its previous performance in April, the leading cryptocurrency could be setting up for another push toward new all-time high levels. Bitcoin is currently not far off from a new all-time high, as it is only about 5.5% away from its price peak. Based on this, another strong breakout could easily aim beyond the previous $111,800 high.  Although Bitcoin’s price is relatively stagnant for now, the presence of this bullish divergence is a reminder of how quickly things can change. The previous bullish divergence ended up with a 50% price surge. A similar performance from the current price level would translate to another target above $160,000. At the time of writing, Bitcoin is trading at $105,700, up by 1.4% in the past 24 hours, already showing signs of the bullish divergence signal coming into action. Featured image from Getty Images, chart from Tradingview.com

Crypto analyst Colin has highlighted the Bitcoin price’s deviation from the Global M2 money supply, raising concerns that the bull run may be over. The analyst quickly addressed concerns, noting how such deviations usually happen at some point but don’t invalidate the macro trend.  Analyst Highlights Bitcoin Price’s Deviation From Global M2 Money Supply In an X post, Colin revealed that the Bitcoin price has deviated from the global M2 money supply. He noted that this deviation was short-term in an otherwise broad correlation. The analyst added that this current deviation is similar to the position that BTC was in February 2025.  Related Reading: Will The Bitcoin Price Move Above $110,000 Again? Global M2 Money Supply Shows What’s Next Colin remarked that this development doesn’t mean the M2 is broken, just as it wasn’t broken back in February. Instead, he claimed that it just means that market participants haven’t zoomed out enough and are allowing for the non-correlated periods. The analyst added that non-correlation between the Bitcoin price and global M2 money supply happens 20% of the time.  He then alluded to the regular chart, which shows the strong correlation between the Bitcoin price and the global M2 money supply. Colin explained that the M2 is “directionally predictive” for BTC and that it is not 1:1 price-related. The analyst further remarked that the M2 does not predict a specific BTC price.  Instead, the global M2 money supply only predicts the market direction, with about 80% accuracy. Colin added that the Bitcoin price has its y-axis while the M2 is on a different y-axis. He also opined that the M2 may decouple from BTC near the cycle top. Although the analyst didn’t provide a timeline for when the cycle top will be, his analysis indicates that the cycle top is not yet in and the bull run isn’t over.  Money Supply Shows No Need To Worry About BTC Price In an X post, market expert Raoul Pal suggested that the Bitcoin price’s correlation with the money supply shows that there is no need to worry about the current price action. He remarked that if 89% of BTC’s price action is explained by global liquidity, then by definition, almost all “news” and “narrative” is noise.  Related Reading: Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000 This suggests that the current geopolitical risks, heightened by the Israel-Iran conflict, are unlikely to impact the Bitcoin price as much as expected. Trading firm QCP Capital recently noted that the flagship crypto has yet to show full-blown panic, which shows how much the asset has matured.  The firm remarked that BTC’s resilient price action appears underpinned by continued institutional accumulation, with companies like Strategy and Metaplanet buying the dip. The Bitcoin ETFs also continue to record positive flows.  At the time of writing, the Bitcoin price is trading at around $104,700, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

Bearish sentiment on X continues to grow, fueling a rising number of crash forecasts. Among them is Dom (@traderview2), a widely followed crypto market analyst, who issued a stark warning on Wednesday: Bitcoin is approaching a structural tipping point that could trigger a severe breakdown if bulls fail to act swiftly. “If this continues, it snaps,” Dom cautioned, referring to a wave of relentless selling pressure and thinning liquidity across major exchanges. Time Is Ticking For Bitcoin In a detailed post, Dom described current market conditions as “vital,” noting that Bitcoin and the broader crypto space are at a moment where “it needs to save itself or we’re going south.” The recent weekly chart, he said, reflects a bearish “liquidity grab”—a move where BTC pushed above the previous weekly high only to sharply reverse, a pattern often marking local tops. That reversal has been accompanied by a three-touch declining strength formation, signaling fading bullish momentum. “I think time is ticking for bulls to save this chart, as it needs to happen soon IMO,” Dom added, underscoring the urgency of a bullish reclaim to invalidate the setup. Related Reading: Bitcoin Is The Purest AI Trade, Says Wall Street Veteran Beneath price action, the structural foundation appears increasingly fragile. Dom pointed to alarmingly thin order books across key spot markets—Binance, Bybit, Coinbase, OKX, and Kraken. Over the past three weeks, roughly 38,000 BTC has been sold into the market, absorbed by passive bids. While buyers have held so far, the analyst warned that visible liquidity beneath current price levels is virtually nonexistent. “There is virtually no support down to 80ks (at least as of now), not even advertisement of support,” he said. The same bearish pattern is playing out in perpetual futures markets. Platforms like Binance, Bybit, OKX, and Hyperliquid have seen consistent taker-side selling, forming what Dom described as a “relentless downtrend of market selling.” With perp books also thin, the pressure may be unsustainable unless conditions change quickly. Drawing a parallel to Bitcoin’s February breakdown from the 90k level, Dom noted, “We saw the same dynamic pre-90k breakdown.” The implication is clear: without a shift in market behavior, BTC may be headed toward a similar fate. Related Reading: Buy Bitcoin Now? Not Yet—Analyst Says Time Holds The Key Seasonal trends are adding weight to the bearish outlook. Dom highlighted that summer months historically bring weaker market participation and lower liquidity—an environment that exacerbates downside moves and limits the impact of bullish efforts to regain control. Despite the grim analysis, Dom remains clear on what would invalidate his bearish stance: a recovery of the 108.5k level. “If that level regains, great. I think we can void these signals,” he said. “But for now, bearish outlook for me is the better R/R on a risk-first basis.” In a separate reply, Dom acknowledged that a dip to the $96,000–$98,000 region, even with a wick into the $80,000’s, would not necessarily break structure. “It surely would not be abnormal and I think structure would still be ok,” he wrote, adding that he would reassess the setup if such a move occurs. With order books thinning, taker flow intensifying, and no solid support beneath, Dom’s message is blunt: time is running out. At press time, BTC traded at $104,694. Featured image created with DALL.E, chart from TradingView.com

Bitcoin price started a fresh decline below the $106,000 zone. BTC is now consolidating and might soon aim for a fresh increase above the $105,500 zone. Bitcoin started a fresh decline below the $106,000 zone. The price is trading below $105,500 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $104,850 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $103,500 zone. Bitcoin Price Faces Resistance Bitcoin price started a fresh decline below the $107,500 zone. BTC gained pace and dipped below the $106,200 and $106,000 levels. There was a clear move below the $105,000 support level. Finally, the price tested the $103,500 zone. A low was formed at $103,400 and the price started a consolidation phase. It climbed above the 23.6% Fib retracement level of the downward move from the $108,925 swing high to the $103,400 low. However, the bears were active below the $105,000 zone. Bitcoin is now trading below $105,000 and the 100 hourly Simple moving average. There is also a key bearish trend line forming with resistance at $104,850 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $105,000 level. The first key resistance is near the $105,500 level. The next key resistance could be $106,150. It is near the 50% Fib retracement level of the downward move from the $108,925 swing high to the $103,400 low. A close above the $106,150 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance level. Any more gains might send the price toward the $108,800 level. Another Drop In BTC? If Bitcoin fails to rise above the $105,000 resistance zone, it could start another decline. Immediate support is near the $104,150 level. The first major support is near the $103,500 level. The next support is now near the $102,500 zone. Any more losses might send the price toward the $101,200 support in the near term. The main support sits at $100,000, below which BTC might gain bearish momentum. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,150, followed by $103,500. Major Resistance Levels – $105,000 and $106,200.

The Bitcoin price and the crypto market remain under pressure as the sector enters a low volatility period. While a lot of traders were expecting a big move yesterday, following the US Federal Reserve (Fed) decision on rate cuts, the cryptocurrency held its current levels. Related Reading: Analyst Warns: Strategy On Track For Historic Collapse, Bigger Than FTX Despite the relative resilience in the top crypto and other cryptocurrencies, the Bitcoin price is showing signs of potential downside. At the time of writing, BTC trades at around $105,000 with a 2.3% decline over the past seven days. Bitcoin price moving sideways over the past 2 months as seen on the daily chart. Source: BTCUSD on Tradingview Bitcoin Price’s Stuck, But Not for Long? Analyst Daan Crypto shared insights regarding the current Bitcoin price action. The analyst believes that BTC has been compressing over the past weeks. In that sense, a lot of traders are expecting a spike in volatility. As seen on the image below, the Bitcoin price has been trading within a tight range form by its monthly high sitting at $110,600 and a monthly low at around $100,000. Within this range, there are two key levels to watch: the area between $109,000 and $103,000. A breakout or breakdown from this range might signal the return of volatility to the Bitcoin price action. Thus, the cryptocurrency might reclaim or return to either or the previously mentioned levels on higher timeframes. The analyst stated the following: BTC Still hanging around the $105K area which is the middle of the monthly range and right at the monthly open. Price has been compressing and it’s clear that the market is waiting for a big move to occur. The statistics still heavily favor a further displacement this week and especially this month. So keep an eye on these levels and play accordingly. Bitcoin price trading within a tight range on the 4 hour chart. Source: Daan Crypto via X Bitcoin Seasonality Might Shock Traders On a separate report, trading desk QCP Capital claims that the Bitcoin price might be affected by ‘summertime blues.’ In other words, the firm predicts a decline in volatility as institutions and traders exit the market over July and August. Related Reading: Bitcoin Channel Break Below $105,000 Sparks Panic, Analysts Predict Further Crashes QCP Capital claims that there are signs of this sluggishness affecting the market, including BTC’s implied volatility. This indicator is currently sitting below 40%. In addition with a hawkish Fed, the trading desk predicts more dull price action over the coming weeks and caution amongst operators: (…) the Fed held interest rates steady. But its stance remains hawkish. Inflation expectations are still elevated, with tariffs flagged as a key upside risk. The Fed prefers to “wait and see” until there is more clarity on inflation’s path. While some macro watchers expect softening labor and economic data to eventually push the Fed dovish, the current numbers say otherwise. Cover image from ChatGPT, BTC/USD chart from Tradingview

The Bitcoin price action is currently testing investors’ nerves as it hovers around $100,000. While it flirts with this psychological level, analysts are highlighting June 22, 2025, as a key date for potential volatility. Backed by both historical volatility patterns and technical indicators, this date is gearing up to be a critical window for Bitcoin’s next move.   Bitcoin Price Braces For Volatility On June 22 Bitcoin is entering a decisive phase as it trades above the $100,000 mark, with technical signals identified by TradingView expert ‘readCrypto’ aligning around a critical time frame—-June 22. The chart analysis shows that June 22 is an important date, signaling the projected start of Bitcoin’s next volatility window, with a potential to break out or break down depending on how the flagship cryptocurrency reacts to key support and resistance zones.  Related Reading: Analyst Predicts Bitcoin Price Crash As War Tensions Mount In Middle East Currently, Bitcoin is trading at $104,731, close to a pivotal confluence range between $104,463 and $106,133—a zone highlighted as a structural mid-point. This area is defined by the DOM (60) and a Heikin-Ashi high point on the price chart, marking the formation of a recent upper boundary. Moreover, the lower end of the range sits around $99,705, which is the HA-High support level, where the price has previously been tested but not yet broken. According to the analyst, the June 22 date is important because it coincides with the confluence of key price levels with the M-Signal indicator on the weekly chart. This indicator is currently rising and aligning near the $99,705 HA-high level. If Bitcoin falls below this level, it could signal the start of a deeper corrective move, possibly toward the monthly M-Signal line or even the $89,294 region, corresponding with the 2.618 Fibonacci. Conversely, if Bitcoin holds above this level and breaks out of the $108,316 resistance, momentum could shift back to the upside. The analyst has set upper bullish targets near $109,598 and $111,696, reflecting the final resistance zone before new highs.  Support Zones And Momentum Indicate Tense Standoff Moving past readCrypto’s volatility-driven projection, the TradingView analyst’s Bitcoin chart shows that the On-Balance-Volume (OBV) oscillator remains below the zero line. This suggests that despite recent gains, selling pressure may still be dominating the broader market. However, the histogram in the chart shows signs of waning momentum on the sell side. Related Reading: Brace For Impact: Bitcoin Price Primed For Deep Correction Below $90,000 This divergence aligns with Bitcoin’s weakening Stochastic Relative Strength Index (RSI), which indicates momentum may be cooling. The low OBV readings, combined with the recent bounce from a lower support range, also underscore an intense standoff within the market. If Bitcoin breaks below the Heikin Ashi high point at $99,705, a retest of new lows at $89,294 is more than likely.  Until then, readCrypto’s analysis shows that all eyes are on the $104,000 to $106,000 zone. The area between $99,705 and $108,316 now defines the high-boundary consolidation range. A confirmed move outside this range, mainly triggered during the June 21-13 window, could dictate Bitcoin’s next major move. Featured image from Pixabay, chart from Tradingview.com

Macro investor Jordi Visser has published a Substack essay arguing that Bitcoin is “the purest AI trade,” a claim he says has followed him “in nearly every one of my videos, Substack posts, and conversations with Anthony Pompliano.” The piece, released yesterday under the title You Don’t Find Bitcoin, Bitcoin Finds You: Why It’s the Purest AI Trade, sets out a personal and macro-economic narrative that Visser believes binds artificial-intelligence disruption to the rise of the world’s first decentralised digital asset. Visser, who now heads AI Macro Nexus Research at 22V Research after three decades trading derivatives at Morgan Stanley, running a global-macro hedge fund, and ultimately serving as president and CIO of Weiss Multi-Strategy Advisers, frames the essay as a pre-emptive answer to critics who “don’t see it or understand it.” “This statement wasn’t born from a single insight but rather a journey that unfolded across three distinct steps and four accelerating forces that helped me connect the dots between monetary policy, exponential innovation, and a world shifting faster than our corporate, financial, and government systems can handle,” he writes. The three steps, he explains, were “personal awakening, macro-economic context, and the recognition of Bitcoin as foundational infrastructure for the digital economy.” Why Bitcoin Is The Ultimate AI Trade The four forces Visser identifies as central to his thesis span the domains of monetary policy, technology, and sovereignty. The first, he writes, is “unprecedented fiscal and monetary intervention which I believe marked the final climax of the global government debt super-cycle and ultimately the dollar as the global reserve currency.” In his view, the pandemic-era explosion in government spending exposed the limits of fiat systems propped up by central bank liquidity. Related Reading: Buy Bitcoin Now? Not Yet—Analyst Says Time Holds The Key The second force centers on structural deflation: “deflationary pressure from exponential technologies.” Visser sees AI and automation as not just economic disruptors but forces that drive prices downward across the board—pressuring legacy systems built on perpetual inflation and debt. The third pillar of his argument is institutional erosion. “Accelerating institutional obsolescence through AI,” he warns, will hollow out bureaucracies and corporate incumbents that are too slow to adapt to exponential change. Finally, Visser cites “Bitcoin’s emergence as a sovereign digital asset—independent, decentralised, and not defined by any nation-state.” In contrast to fiat currencies reliant on state power and monetary intervention, Bitcoin exists as an autonomous, verifiable infrastructure layer for the digital economy. Visser dates his “personal awakening” to early 2021, when the pandemic-era money print collided with a household epiphany: “Asset prices jumped and crypto prices were rising daily, and I was struck by the fact that my 13-year-old son … could explain the space in a way that I could not understand.” That curiosity pushed him toward Michael Saylor’s corporate-treasury bet on Bitcoin and Paul Tudor Jones’s description of the asset as “the fastest horse in the race,” convincing him that “Bitcoin [was] a rational response to an irrational system looking for a new one.” The second intellectual milestone came through Jeff Booth’s book The Price of Tomorrow, from which Visser lifts the line: “Innovation is always deflationary for the economy so the baseline for inflation is always negative.” Booth’s argument, he says, revealed “an Economic Trilemma” in which a debt-laden industrial economy can only survive by tapping government balance-sheets, even as a capital-light digital economy accelerates away. The result, he warns, is a fragile fiat system propped up by “artificially low rates, quantitative easing, and fiscal stimulus” that cannot be maintained indefinitely. Visser’s third pivot came with Marc Andreessen’s 2014 essay Why Bitcoin Matters. Andreessen’s framing of the Bitcoin white paper as a monetary protocol—“on par with the creation of the internet itself”—convinced Visser to stop viewing Bitcoin as a challenger to sovereign currency and start seeing it as “the base-layer for a new, decentralised economic system.” Stablecoins, he concedes, may bridge fiat and crypto, but they remain “tethered to the very institutions they’re trying to outrun.” Related Reading: $150,000 Bitcoin Is In Play—Unless This One Macro Metric Snaps The final, self-described “force” is AI itself: “For years, we’ve said software is eating the world. But now, AI is eating software and soon it will eat everything in its path.” He argues that intelligent agents will erode the scarcity premia that support most legacy assets, leaving Bitcoin—algorithmically finite and independent of any issuer—as “sovereignty at digital scale.” In one of the essay’s bleakest forecasts he writes, “AI will destroy everything eventually—not maliciously, but systematically. And the economic system we’ve built on top of scarcity, debt, and centralisation is not equipped to survive it.” Visser closes by channelling Saylor’s mantra—“You don’t find Bitcoin, Bitcoin finds you”—to explain why adoption is emerging first in the periphery: retail investors in emerging markets, smaller firms outcompeted by big-tech AI monopolies, and early-mover states such as El Salvador. “This bottom-up foundation is setting the stage for a future top-down capital rotation as FOMO and greed eventually force more and more of the doubters in,” he concludes. “That’s why Bitcoin is, in many ways, the purest AI trade—an opt-out of a system being reshaped by intelligence no one fully controls. At press time, BTC traded at $104,816. Featured image image created with DALL.E, chart from TradingView.com

Bitcoin has been crashing with the advent of the new week, spurred on by uncertainties that surround the growing conflict in the Middle East. There has also been a lot of negativity in the crypto market, with expectations that the Bitcoin price will not make new all-time highs after failing to reclaim $111,000. Even as the market continues to bleed, crypto analysts are still predicting further crashes for the digital asset, with some expecting a break of the psychological level at $100,000. Bitcoin Price Headed For Further Breakdown Crypto analyst TehThomas had previously called the Bitcoin price crash from the $108,000 territory, suggesting that the digital asset still had to fill Fair Value Gaps (FVG) at lower levels before it could continue to soar. Then recently, the crypto analyst has once again reiterated his stance as the price had begun to fall back toward $100.000. Related Reading: XRP To End 7-Month Consolidation After 700% Surge – Is A Major Move Coming? Thomas explained that Bitcoin was already showing signs of exhaustion. Hence, the reason for the crash was due to a loss of $108,500. At this level, with the price failing to break out higher, it showed that the initial surge had been a takeout, and the right direction was actually downward. The initial bullish move was seemingly a way for an internal liquidity grab while clearing out breakout buyers at the same time. Now, the Bitcoin price has broken below an important channel at $105,000 after a successful retest. The analyst explains that this aligns with the 50% equilibrium of the high-to-low range. Naturally, this means that the asset is still bearish and could continue to decline from here. The main levels to watch were initially at $104,600, but the Bitcoin price had first broken below this level on Tuesday. Now, if the decline continues, then the next major level investors are looking at is the $102,800, where support now lies for the cryptocurrency. Below $100,000 Is Still Possible In addition to Thomas, crypto analyst Xanrox has also predicted further price crashes for Bitcoin. He points out that the formation of a bull flag does not mean the price will continue to rise, as the flag could very well break. If this happens, then the analyst sees the Bitcoin price dropping to $100,000. Related Reading: Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why Unlike Thomas, Xanrox places his support levels at the much lower price of $88,000, which would suggest a major price crash from here. “When we look at the current price action, it looks like a bullish flag consolidation pattern,” the analyst said. “In this case we will probably see multiple liquidity sweeps below the previous swing lows to kick out early longs.” Another analyst, Doctor Profit, has also turned bearish, predicting a decline below $100,000. In the X post, the crypto analyst said that the Bitcoin price is likely to fall to the $94,000-$95,000 level before seeing a bounce from there. Therefore, the analyst has told investors to prepare for more red candles. Featured image from Dall.E, chart from TradingView.com