🚨 Bitcoin Crash: $BTC BTC Falls Below $113K – What Just Happened?

Bitcoin just took a major hit, plunging below $113,000, leaving the crypto market in shock. So… what triggered this sudden drop? Let’s break it down 👇

📉 Why Did $BTC BTC Crash?

🐋 Whales Took Profits

A dormant wallet moved $4.8 billion worth of BTC — a move that sent shockwaves through the market.

This triggered:

$450 million in long liquidations

$3.5 billion in total market losses

🚫 Resistance Rejection at $120K–$123K

Bitcoin hit the $123K zone multiple times… and failed.

A bearish candlestick pattern emerged — a classic sign that sellers were taking charge.

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⚠️ Technical Weakness Signals

Bearish Divergence: Price made higher highs, but RSI didn’t follow.

NUPL Indicator: Reaching historical levels that often signal local tops.

🧠 Critical Support to Watch: $113.6K

Technical analysts are eyeing this zone closely. If it breaks down further, $110K and below could be next.

✅ Why This Matters

This flash crash shows how quickly crypto can flip — especially when whales, global macro risks, and technical warning signs align.

📌 What Traders Should Do

🔹 Short-Term Traders

Watch the $114K–$117K range. A reclaim could trigger a relief bounce.

🔹 Long-Term Investors

Dips toward $104K–$110K may offer accumulation zones — if fundamentals stay strong.

🔹 Macro Watchers

Track developments in Fed policy, global trade, and tariffs — they’re heavily influencing crypto momentum.

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💸 $BTC