🚨 Bitcoin Crashes to ~$102K – What Just Happened? 📉

📅 June 12, 2025 | #CryptoNews #BTC #Binance

Bitcoin dropped sharply to ~$102K, leaving traders on edge. Here’s your full breakdown:

🔍 Why Did $BTC Crash?

1. 🧩 Macro & Geopolitical Pressure

• Inflation cooled—bad news for rate-cut hopes.

• Rising Middle East tensions pushed investors toward gold, not crypto.

2. 📈 Technical Correction

• $BTC hit major resistance at $110K–$111K.

• Indicators (RSI, StochRSI) screamed “overbought” — smart traders took profit.

3. 💥 Liquidation Cascade

• Over $730M in leveraged positions were wiped out in 24hrs.

• 73% were longs — triggering a fast downward spiral.

---

🔮 Market Outlook

📉 Short-term: $100K–$102K is critical support.

📊 Mid-term: Recovery to $110K+ possible if macro improves.

⚠️ Volatility ahead — next CPI data & global headlines are key.

---

✅ Final Takeaway

This isn’t just panic — it’s a technical cooldown + macro reset. If $100K holds, bulls might regain control.

What’s YOUR next move?

🔁 Rebound to $110K soon?

📉 Or is $95K on the horizon?$BTC