🚨 Bitcoin drops to 112 thousand dollars.. a collapse or preparation for a new historical peak?
🚨 Bitcoin drops to 112 thousand dollars.. a collapse or preparation for a new historical peak? $BTC $ETH
ETH
4,637.68
-2.8%
The past few days have been fiery 🔥 in the crypto market, and everyone is asking: What happened to Bitcoin to drop so quickly from above 124 thousand to 112 thousand? Is this a collapse or a natural correction before a new surge?
📉 Reasons for the sudden drop
1️⃣ Huge sale from the whales 🐋
One of the major whales flooded the market with 24,000 Bitcoin at once! This caused what we call a Flash Crash.. the market couldn't handle the amount and the price dropped rapidly.
2️⃣ Long Liquidations ⚡
Those who were opening leveraged positions lost heavily, and hundreds of millions of long positions were liquidated, which increased the downward pressure further.
3️⃣ Outflows from ETFs 💸
In the past week, more than 1.1 billion dollars left the spot Bitcoin funds. This means that large institutions reduced their positions, which greatly affects market confidence.
4️⃣ Huge transfers on Ethereum 🔄
Some whales transferred billions of Bitcoin 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 rose 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 this makes investors afraid 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 may 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 around 140K – 175K before the end of the year.
✅ Summary
What is happening now is not a complete collapse, but a fierce correction caused by the whales and the outflow of liquidity from the market.
If Bitcoin holds above 112K and breaks 115K, we might be at the beginning of a new launch for 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 what is happening as a golden opportunity to buy before the next boom? Or do you think there is still a bigger drop waiting for the market?
Share your prediction 👇
