Currencies33796
Market Cap$ 3.26T+2.39%
24h Spot Volume$ 61.45B-12.5%
DominanceBTC61.90%-0.22%ETH8.35%+0.87%
ETH Gas8.70 Gwei
Cryptorank
MainNewsWhy Did Bitc...

Why Did Bitcoin Crash Below $100K? It's because th...


by Rudy Fares
for CryptoTicker
Why Did Bitcoin Crash Below $100K? It's because th...

Bitcoin Crashes Below $100,000: What Triggered the Sell-Off?

The crypto market woke up to carnage as Bitcoin ($BTC) slipped below the critical $100,000 support level, hitting an intraday low near $98,240. This came hours after the U.S. launched airstrikes on Iranian targets, igniting fears of a broader conflict in the Middle East.

Risk assets across the board are down, but Bitcoin’s drop is particularly symbolic. The $100K level had acted as a major psychological floor — and once broken, triggered stop-losses, liquidations, and fear-driven exits.

Bitcoin Price Crash: Trend Breakdown Confirmed

Looking at the 4H BTC/USD chart:

  • BTC was consolidating within a descending triangle pattern, repeatedly testing support.
  • The final rejection at the 200 EMA (~$104,500) and horizontal resistance near $103,343 marked the pivot point.
  • The breakdown is now confirmed as BTC fell sharply below $100K and the triangle's bottom support.
  • RSI sits near 29.52, indicating oversold conditions, but without reversal signals yet.
  • Volume spikes on the breakdown suggest panic selling, not strategic reallocation.

BTCUSD_2025-06-23_00-16-08.png

BTC/USD 4-hours chart - TradingView

BTC is now trading around $99,525 and struggling to reclaim the psychological threshold.

War or Peace? Bitcoin Price Prediction Scenarios

🕊️ Scenario 1: Peace Talks or De-escalation

If diplomacy kicks in and the U.S.–Iran tensions ease:

  • Expect BTC to bounce back toward the $103,343 resistance zone.
  • A break above the 200 EMA (~$104,500) could confirm bullish recovery.
  • Target range: $106,000–$109,000, with strong resistance there.
  • RSI support suggests that short-term buyers may step in soon.

This would turn the recent crash into a classic “buy the fear” opportunity.

💥 Scenario 2: Full-Scale War in the Middle East

If the conflict escalates and Iran retaliates:

  • BTC could fall further toward $94,000 and even $90,000.
  • Panic may extend into traditional markets, compounding the crypto drawdown.
  • Altcoins would bleed more, while stablecoins and gold outperform.
  • Only strong fundamental buying or a Fed intervention could slow the drop.

The structure supports further downside if geopolitical risks worsen.

Bitcoin Price Prediction: $100K Is No Longer Safe — Stay Cautious

The break below $100K isn’t just technical — it’s emotional. Markets are reacting to uncertainty, and Bitcoin is behaving more like a high-beta asset than a safe haven. For now, traders should watch:

  • $98,000 as short-term support
  • $103,000–$104,500 as the next upside test
  • Global news headlines as key catalysts

Until volatility settles, this is a trader’s market, not one for blind HODLing.

 

$BTC, $Bitcoin

Read the article at CryptoTicker

Read More

Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy

Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy

Bitcoin Magazine Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Stra...
Long-Dormant Bitcoin Wallets Tighten Supply, Fueling Bullish Outlook

Long-Dormant Bitcoin Wallets Tighten Supply, Fueling Bullish Outlook

According to a new Fidelity report, 17% of all Bitcoin—worth roughly $360 billion—has...
MainNewsWhy Did Bitc...

Why Did Bitcoin Crash Below $100K? It's because th...


by Rudy Fares
for CryptoTicker
Why Did Bitcoin Crash Below $100K? It's because th...

Bitcoin Crashes Below $100,000: What Triggered the Sell-Off?

The crypto market woke up to carnage as Bitcoin ($BTC) slipped below the critical $100,000 support level, hitting an intraday low near $98,240. This came hours after the U.S. launched airstrikes on Iranian targets, igniting fears of a broader conflict in the Middle East.

Risk assets across the board are down, but Bitcoin’s drop is particularly symbolic. The $100K level had acted as a major psychological floor — and once broken, triggered stop-losses, liquidations, and fear-driven exits.

Bitcoin Price Crash: Trend Breakdown Confirmed

Looking at the 4H BTC/USD chart:

  • BTC was consolidating within a descending triangle pattern, repeatedly testing support.
  • The final rejection at the 200 EMA (~$104,500) and horizontal resistance near $103,343 marked the pivot point.
  • The breakdown is now confirmed as BTC fell sharply below $100K and the triangle's bottom support.
  • RSI sits near 29.52, indicating oversold conditions, but without reversal signals yet.
  • Volume spikes on the breakdown suggest panic selling, not strategic reallocation.

BTCUSD_2025-06-23_00-16-08.png

BTC/USD 4-hours chart - TradingView

BTC is now trading around $99,525 and struggling to reclaim the psychological threshold.

War or Peace? Bitcoin Price Prediction Scenarios

🕊️ Scenario 1: Peace Talks or De-escalation

If diplomacy kicks in and the U.S.–Iran tensions ease:

  • Expect BTC to bounce back toward the $103,343 resistance zone.
  • A break above the 200 EMA (~$104,500) could confirm bullish recovery.
  • Target range: $106,000–$109,000, with strong resistance there.
  • RSI support suggests that short-term buyers may step in soon.

This would turn the recent crash into a classic “buy the fear” opportunity.

💥 Scenario 2: Full-Scale War in the Middle East

If the conflict escalates and Iran retaliates:

  • BTC could fall further toward $94,000 and even $90,000.
  • Panic may extend into traditional markets, compounding the crypto drawdown.
  • Altcoins would bleed more, while stablecoins and gold outperform.
  • Only strong fundamental buying or a Fed intervention could slow the drop.

The structure supports further downside if geopolitical risks worsen.

Bitcoin Price Prediction: $100K Is No Longer Safe — Stay Cautious

The break below $100K isn’t just technical — it’s emotional. Markets are reacting to uncertainty, and Bitcoin is behaving more like a high-beta asset than a safe haven. For now, traders should watch:

  • $98,000 as short-term support
  • $103,000–$104,500 as the next upside test
  • Global news headlines as key catalysts

Until volatility settles, this is a trader’s market, not one for blind HODLing.

 

$BTC, $Bitcoin

Read the article at CryptoTicker

Read More

Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy

Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Strategy

Bitcoin Magazine Norway’s Green Minerals Announces Adoption Of Bitcoin Treasury Stra...
Long-Dormant Bitcoin Wallets Tighten Supply, Fueling Bullish Outlook

Long-Dormant Bitcoin Wallets Tighten Supply, Fueling Bullish Outlook

According to a new Fidelity report, 17% of all Bitcoin—worth roughly $360 billion—has...