BTC Loses Key Level — Will 100K Hold or Fold?

semalam

Bitcoin has been locked in a range for the past 45 days, clinging above the critical psychological support at $100K. But cracks are starting to show…

Every bounce from the key level at $102,430 has been weakening — and now, for the first time, we’re breaking cleanly below it. Things are starting to tilt bearish.

So the question is…

⛏️ Will 100K be tested next?

🔍 Key Support Zone: $97.7K–$96.9K
Using the Fibonacci retracement from the swing low at $74.5K to the recent ATH, the 0.382 retracement lands at $97,655 — just below the $100K mark.

But there’s more…

Here’s why the zone between $97.7K and $96.9K is crucial:

• 0.382 Fibonacci retracement: A common pullback level in strong uptrends.
  
• Anchored VWAP from $74.5K: Currently sitting around $96.9K, tracking cumulative volume-weighted average price — a key level.
  
• Daily Order Block: Sits right at $96,887, aligning with the VWAP and reinforcing the area as demand-rich.
  
• 1.272 Fibonacci extension: From the previous move — providing another layer of confluence.
  
• Fair Value Gap (FVG): The imbalance lies right in this zone. Price often fills these before continuing trend.
  

All of this stacks up to a high-probability long setup.

🕵️‍♂️ What to Do Now?
Set alerts at $100K and watch for a reaction. If price slices through, shift focus to the 0.382 Fib — monitor price action closely for signs of a reversal.

The first clean test of this zone could present a solid long — but as usual don’t trade blindly. Wait for confirmation.
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6 jam lalu

Nota

🚨 Bitcoin Market Update – June 23, 2025

BTC retested the key level at $102429.56 and got rejected — providing a clean, low-risk short opportunity. Price dropped swiftly back to the golden ratio (0.666 Fib), which aligned with the FVG (Fair Value Gap) and the psychological $100K support → a confluence zone. BTC reacted sharply from the support zone with increasing volume, showing bullish interest.

Now, following the bounce, BTC once again retested the key level a level we've been watching closely. We saw a Swing Failure Pattern (SFP) here, where price swept above the previous high and immediately reversed offering a clean short opportunity.

⏳ Eyes on this level for potential rejection or reclaim.