📅 FinQuantrick Daily – June 23, 2025
🔻 BTC Update: Slipped Below the $100,000 Milestone
Bitcoin has taken a notable dip, falling beneath the symbolic $100K mark, currently trading around $99,315. This marks the first breach below this level in over a month, driving renewed market concern.
📉 Key Drivers Behind the Drop
Geopolitical tensions: Recent U.S. air strikes in Iran and threats to close the Strait of Hormuz have rattled investor confidence, triggering sharp crypto sell-offs.
Liquidations surge: The sub-$100K breach triggered over $200 million in liquidations, mostly long positions across major exchanges like Binance.
Technical signs of weakness: Analysts warn that failing to reclaim $100K could open the door to deeper retreats, with next support at $95K–$92K
💡 FinQuantrick Insight:
Bitcoin sitting below $100K is more than just a psychological slip—it’s a signal. Short-term traders may hesitate, while long-term investors could see it as an opportunity. Active monitoring of macro headlines and liquidation flow will be key to navigating this volatility.
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