#Bitcoin FLASH CRASH!
🚨 BTC Just Dropped Below $113K — What Just Happened?
Bitcoin just took a sharp nosedive below $113,000, and the market is shaking. Here's what triggered the drop and what could come next 👇
📉 Why Did $BTC Crash?
🔹 Whales Took Profits – A dormant whale wallet suddenly moved $4.8B in BTC. That alone sparked $450M in long liquidations and $3.5B in market losses.
🔹 Heavy Resistance at $120K–$123K – BTC couldn’t break past that zone and got rejected hard.
🔹 Macro Headlines – New U.S. tariff fears made traders nervous. Many took profits to hedge uncertainty.
🔹 Weak Technicals – RSI showed bearish divergence, and the NUPL metric hinted at an overheated market.
🧠 Key Level to Watch: $113.6K — This is a major support zone according to analysts.
✅ Why This Matters:
This crash shows how quickly things can unravel when whales move, global fear kicks in, and the charts turn soft. Fast moves. Big consequences.
📌 What I’m Watching Now:
• Short-term: A reclaim of $115K–$116K could give us a bounce.
• Long-term: If we dip toward $104K–$110K, I’m eyeing that range for possible re-entry — but only if fundamentals stay solid.