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Why Did Bitcoin Crash Below $100K? Heres whats going to happen...

Why Did Bitcoin Crash Below $100K? Heres whats going to happen... WikiBit 2025-06-23 05:39

Bitcoin Crashes Below $100,000: What Triggered the Sell-Off?The crypto market woke up to carnage as Bitcoin ($BTC) slipped below the critical $100,000

BTC/USD 4-hours chart – TradingView

BTC is now trading around $99,525 and struggling to reclaim the psychological threshold.

War or Peace? Bitcoin Price Prediction Scenarios????️ Scenario 1: Peace Talks or De-escalation

If diplomacy kicks in and the U.S.–Iran tensions ease:

  • Expect BTC to bounce back toward the $103,343 resistance zone.
  • A break above the 200 EMA (~$104,500) could confirm bullish recovery.
  • Target range: $106,000–$109,000, with strong resistance there.
  • RSI support suggests that short-term buyers may step in soon.

This would turn the recent crash into a classic “buy the fear” opportunity.

???? Scenario 2: Full-Scale War in the Middle East

If the conflict escalates and Iran retaliates:

  • BTC could fall further toward $94,000 and even $90,000.
  • Panic may extend into traditional markets, compounding the crypto drawdown.
  • Altcoins would bleed more, while stablecoins and gold outperform.
  • Only strong fundamental buying or a Fed intervention could slow the drop.

The structure supports further downside if geopolitical risks worsen.

Bitcoin Price Prediction: $100K Is No Longer Safe — Stay Cautious

The break below $100K isn‘t just technical — it’s emotional. Markets are reacting to uncertainty, and Bitcoin is behaving more like a high-beta asset than a safe haven. For now, traders should watch:

  • $98,000 as short-term support
  • $103,000–$104,500 as the next upside test
  • Global news headlines as key catalysts

Until volatility settles, this is a traders market, not one for blind HODLing.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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