💥 Why $BTC Crashed to ~$102K Today — Here’s What Happened

📆 June 12, 2025

After flirting with $111K highs, Bitcoin pulled back sharply to $102K — here’s the full story in 60 seconds:

1. 🌍 Macro & Geopolitical Headwinds

🔻 Inflation cooled, but not enough — killing hopes of an immediate Fed rate cut.

🛢️ Middle East tensions flared, pushing capital into gold & USD — not crypto.

🧠 Result? Risk-off mood → BTC sell pressure.

2. 📉 Technical Pullback + Profit Taking

BTC tagged $110K–$111K resistance + upper Bollinger Band.

🔺 RSI & StochRSI screamed “overbought.”

⚠️ Traders took profit → triggering a short-term correction.

3. 💣 Liquidation Spiral

Over $730M in leveraged longs liquidated in 24h.

73% of wrecked positions were longs → adding fire to the drop.

🔎 What’s Next?

Key support: $100K–$102K zone.

Below $100K? Watch $95K–$98K.

Bounce case: If $100K holds + CPI/geopolitics ease → $110K retest in sight.

⚠️ Expect high volatility ahead of next week’s CPI data.

✅ TL;DR

This drop? A mix of macro nerves, technical exhaustion, and liquidation pain.

Still bullish? Only if $100K support holds.

💬 Your Move:

🚀 BTC back to $110K soon?

📉 Or are we heading for $95K next?

Drop your call below 👇

#BTC #MarketPullback #TrumpTariffs #CryptoRoundTableRemarks #BTC110KSoon?