šØ Bitcoin Crashes to ~$102K ā Hereās What Really Happened
š June 12, 2025
š§ Why the Drop? Letās Break It Down
1. Macro Mayhem & Global Drama
š Cooler inflation numbers just killed the buzz around a Fed rate cut. No cheap money = less crypto hype.
š Meanwhile, tensions in the Middle East got realāgold and USD got the love, crypto? Not so much.
2. Chart Pressure & Smart Money Exits
š BTC smashed into that $110Kā$111K resistance like a brick wall (upper Bollinger Band).
š RSI and StochRSI were screaming "overbought!" so traders hit the sell button, fast.
3. The Liquidation Domino Effect
š£ Over $730M in leveraged longs got nuked in 24 hoursāabout 73% of them long.
Once the first wave hit, the cascade began. Price tanked. Fear spiked.
š® Whatās Next? Hereās the Playbook
š Short-Term:
Eyes on $100Kā$102K. If that breaks, brace for $95Kā$98K.
ā³ Mid-Term Outlook:
If $100K holds and macro winds calm down, expect a bounce back toward $110K+.
ā ļø Volatility Warning:
Itās shaky out there. CPI data next week + geopolitics = rollercoaster ahead.
ā TL;DR: What You Need to Know
Bitcoin didnāt ācrashāāit corrected. Macro pressure + technicals + too much leverage = this drop.
If $100K holds, donāt count BTC out. It might just be loading for the next leg up.
š£ļø Your Move Now:
Think BTC will bounce back to $110K soon? š
Or is the door open for another dip to $95K? š
Drop your take below šš
#Bitcoin #BTC #CryptoCrash #MacroMoves #VolatilityGame #CryptoNews