cryptd.in

Alternativní LinkedIn pro talenty přátelské ke kryptoměnám

Bitcoin Slips Below $110K After $2.7B Whale Dump: Could Wave C Correction Target $105K Next?

-

podle

cryptd.in
na adrese

Bitcoin (BTC) tumbled below the critical $110,000 mark on Tuesday after a whale offloaded 24,000 BTC worth approximately $2.7 billion.

The massive sell order sparked a sharp market reaction, wiping out $205 billion from crypto market capitalization and triggering over $930 million in liquidations across leveraged positions.

This sudden downturn pushed BTC to its lowest levels in nearly two months, with intraday lows near $109,000. Analysts warn the correction could extend further, as technical patterns point to a possible continuation of the Elliott Wave C move toward $105,000.

Technical Signals: $105K or $108K in Play

Market analysts project that Bitcoin’s rejection at $117,000 over the weekend set the stage for this decline. According to Elliott Wave Theory, Wave C often mirrors Wave A in length, making the $105,000 zone a prime target.

This area also coincides with Bitcoin’s Point of Control since April and the anchored VWAP support line, adding weight to the bearish case.

However, a strong counter-argument exists. The $107,000–$108,000 range, representing the 61.8% Fibonacci retracement of the June-to-August rally, holds significant buying interest.

Data from Bookmap shows clustered orders at this level, suggesting it could act as a reversal point if buyers step in aggressively.

Invalidation Levels and Market Outlook

Despite the bearish tone, analysts caution that a Bitcoin daily close above $110,000 could flip sentiment.

Such a move would indicate a possible liquidity grab rather than a full-blown Wave C continuation. A stronger confirmation would come if Bitcoin reclaims $112,000, signaling the downside break was corrective, not impulsive.

For now, traders are advised to watch the $108,000 support zone closely. A breakdown could accelerate selling pressure toward $105,000, while a decisive bounce might restore short-term momentum.

crypto bitcoin btc btcusd

What to Expect Next for Bitcoin Price

Bitcoin’s sharp sell-off gives a clear picture of the delicate balance between whale activity, technical structures, and macroeconomic uncertainty.

In the near term, analysts caution that downside risks remain elevated, with $108,000 emerging as the key support level. A failure to hold this zone could pave the way for a deeper correction toward $105,000.

On the flip side, a recovery above $110,000, and especially $112,000, would invalidate the bearish Wave C scenario, signaling that the pullback was corrective rather than the start of a larger decline.

Cover image from ChatGPT, BTCUSD from Tradingview

Komentáře

Napsat komentář

Vaše e-mailová adresa nebude zveřejněna. Vyžadované informace jsou označeny *

Nejnovější kanály

Oblíbené kategorie

cs_CZ Čeština
cs_CZ Čeština en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Vyhledávání na webových stránkách

Populární příběhy

Štítky

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (383) #BitcoinETF (3) #BitcoinFundamentals (1) #BitcoinHandling (1) #BitcoinPrice (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #BPodrobněji (1) #BracebridgeCapital (1) #BRC20Tokeny (1) #BTCakvizice (1) #BullishPrediction (1) #BullishSentiment (1) #ChineseMining (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (69) #DogecoinGains (1) #DogecoinVolume (1) 1TP5DutchCourt (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (64) #EthereumPain (1) #EthereumPrice (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #Finanční dopady (1) #Finanční ochrana osobních údajů (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investice (1) #InvesticeZtráty (1) #JapaneseFirm (1) #LegalAction (1) #Právní dopad (1) #Legislativa (1) #LightningNetwork (1) #M Analýza trhu (3) #MMarketMonitoring (1) #MPředpověď trhu (1) #MPředpovědi trhu (1) #M tržní projekce (1) #M Podpora trhu (1) #MVolatilita trhu (1) #M Sňatek (1) #MemeCoin (5) #MemeCoins (2) #MinerProfitability (1) #M Praní peněz (2) #MtGox (3) #NorthKoreaCrypto (1) #NovogratzPředpověď (1) #PriceMilestone (1) #PricePrediction (2) #PriceQuestion (1) #PriceSurge (1) #PrisonSentence (1) #QuantAnalysis (1) #Regulační tlak (1) #SECAntiCrypto (1) #ShibaInu (5) #SocialBuzz (1) #Technická analýza (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashDeveloper (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XR Cena (1) #XRPupswing (1)

Užitečné odkazy

Odkazy, které jsem našel užitečné a chtěl jsem se o ně podělit.