This BTC dump reminds me a lot of August 2023 😱
Back then, we topped on July 14, then dropped 21% into September 11 before reversing and rallying nonstop into January 📈
Now in August 2025, same thing — local top on July 14, and now selling off hard. If we repeat a 20% drawdown, we'd land around $100k, possibly $98k, which already marked the bottom back in June.
🐻 Not calling for a bear market. I’m still bullish for Q4. But the clean uptrend is broken, and this correction could run deeper. Key zones for BTC are: $105k, $100k, $94k.
If we nuke into those levels, I’ll be a happy buyer. Until then, if you’re overexposed or on leverage that can’t survive a deeper move, reduce risk ❗️
