🚨 Bitcoin drops to $112,000.. Crash or preparation for a new historical peak?\u003cc-83/\u003e\u003cc-84/\u003e
The past few days have been intense 🔥 in the crypto market, and everyone is asking: What happened to Bitcoin to drop so quickly from above 124K to 112K? Is this a crash or a natural correction before a new leap?
📉 Reasons for the sudden drop
1️⃣ Massive sell-off from the whales 🐋
One of the major whales entered the market with 24,000 Bitcoins all at once! This caused what we call a Flash Crash.. the market couldn't handle the amount and the price dropped rapidly.
2️⃣ Long position liquidations ⚡
Those who had opened leveraged positions suffered significant losses, and hundreds of millions of long positions were liquidated, which increased the downward pressure.
3️⃣ Outflows from ETFs 💸
In just one week, more than $1.1 billion exited from instant Bitcoin funds. This means large institutions reduced their positions, which greatly affects market confidence.
4️⃣ Huge transfers on Ethereum 🔄
Some whales transferred billions of Bitcoins to ETH, trying to ride the wave there, which reduced the demand for Bitcoin.
5️⃣ Natural correction after the crazy rise 📊
Let's remember that Bitcoin surged rapidly to $124,500.. it's very natural to see profit-taking and correction before any new peak.
6️⃣ Global economic pressures 🌍
Inflation in America is still above the target (3.1% vs. 2% required). The Fed is hesitant to lower interest rates, and all of this makes investors fearful of high-risk assets like crypto.
🔮 Is Bitcoin heading for a new bottom or a new peak?
Current support level: 112K is a very important area, and the market is still holding above it.
Next resistance: If it manages to break 114–115K, then we might see a new rise.
Negative scenario: Breaking below 112K could open the door for a deeper correction reaching 105K or lower.
📊 Expert and analyst predictions
🔷 Bernstein: The bull market could extend until 2027, with the price reaching $200,000 in less than a year.
🔷 Standard Chartered: Expecting a peak between 150K – 200K in the current cycle.
🔷 CoinCodex: They see the price could range between 126K – 139K by the end of 2025.
🔷 Other estimates: Some experts are talking about a peak in the range of 140K – 175K before the end of the year.
✅ Summary
What is happening now is not a complete crash, but a violent correction caused by whales and liquidity exiting the market.
If Bitcoin holds above 112K and breaks 115K, we could be at the beginning of a new surge towards a historical peak.
If it breaks the support, we will see a temporary drop before it rises again.
💡 The most important question:
Do you see this as a golden opportunity to buy before the next surge? Or do you think there is still a bigger drop waiting in the market?
Share your prediction 👇
