How low can the Bitcoin price go?
Key takeaways:
- Bitcoin fell 12% from its June 23 peak, briefly dipping below $100K (first time since May 8).
- Liquidation heatmap indicates potential drop to $97K, with rounded top pattern suggesting $74K possible.
BTC has lost 4.6% this week after peaking at $109K, signaling weakening momentum.
Bitcoin takes liquidity tumbling below $100,000
Bitcoin tumbled to $98,240 on June 22 following President Trump's announcement of military strikes on Iranian nuclear facilities, extending its decline to 12% from the May 22 all-time high of $112,000. The sharp drop precipitated a wave of derivatives liquidations across cryptocurrency markets.
The market response highlights both the sensitivity of crypto assets to geopolitical events and the resilience of Bitcoin's underlying demand structure at key psychological price levels.
BTC rounded-top pattern targets $74K
Bitcoin is forming a potential rounded top pattern on daily charts, indicating possible bearish momentum ahead. This inverted U-shaped formation suggests a shift from accumulation to distribution. Bulls are currently defending the key $100,000 psychological support level.
The $95,000 zone holds technical significance as the convergence point of the 100-day and 200-day SMAs, with the yearly open at $93,400 providing additional support. The critical $93,000 neckline remains the decisive level for this pattern.
A daily close below $93,000 would confirm the bearish breakdown, potentially triggering a 27% decline toward $74,730. Bitcoin now faces a crucial technical crossroads at this $93,000 threshold.
You may also like

What is Dai (DAI) Coin?
We’re thrilled to announce another exciting addition to our trading platform: the Dai (DAI)/USDT trading pair is now…

DAI USDT Pair Debuts on WEEX with Dai (DAI) Coin Listing
WEEX Exchange is thrilled to announce the listing of Dai (DAI), a leading stablecoin, with DAI USDT trading…

What is Clawstr (CLAWSTR) Coin? Everything You Need to Know
Clawstr (CLAWSTR) is making its debut in the crypto trading arena as it becomes the latest token pair…

CLAWSTR/USDT Premieres on WEEX: Clawstr Coin Debut
WEEX Exchange is thrilled to announce the exclusive world premiere listing of Clawstr (CLAWSTR) Coin, endorsed by early…

What is Greenland Shark (SHARK) Coin?
We’re excited to announce the launch of the Greenland Shark (SHARK) token on WEEX, marking yet another milestone…

WEEX Premieres Greenland Shark (SHARK) Coin: SHARK USDT Listing
WEEX Exchange, a leading platform in the crypto space, is thrilled to announce the exclusive initial listing of…

CLAWSTR Coin Price Prediction & Forecasts for February 2026: Potential Surge After WEEX Listing
Clawstr (CLAWSTR) has just made waves in the crypto space with its listing on WEEX Exchange today, February…
WEEX Security Master Guide: How to Avoid Crypto Scams
A cryptocurrency scam involves any deceptive scheme designed to steal digital assets (like Bitcoin, Ethereum, or other tokens) or trick individuals into revealing sensitive information—private keys, seed phrases, or login credentials—under false pretenses of investment returns or urgent security actions.

What is HODL AI (HODLAI) Coin?
We are excited to announce that the HODL AI (HODLAI) token is now available for trading on the…

WEEX Debuts HODLAI USDT: HODL AI Coin World Premiere
Exciting news for crypto enthusiasts—WEEX Exchange has launched the global exclusive first listing of HODL AI (HODLAI) coin…

What is MoltX (MOLTX) Coin?
We are excited to announce the latest addition to the trading lineup on WEEX, with the MoltX (MOLTX)…

MOLTX USDT Exclusive Debut on WEEX: MoltX (MOLTX) Coin Listing
WEEX Exchange is thrilled to announce the exclusive world premiere listing of MoltX (MOLTX) Coin, bringing fresh opportunities…

Goyim Coin Price Prediction & Forecasts for February 2026: Could This Viral Meme Token Surge 50% Amid Social Media Buzz?
Goyim Coin has exploded onto the scene as one of the hottest viral sensations in crypto, fueled by…

What is Goyim (GOYIM) Coin?
On February 3, 2026, the GOYIM/USDT trading pair was listed on WEEX, marking the debut of Goyim (GOYIM)…

GOYIM USDT Debuts on WEEX: Goyim (GOYIM) Coin Listing Live
WEEX Exchange excitedly announces the listing of Goyim (GOYIM) Coin, a viral sensation exploding across social media platforms.…

What is Tria (TRIA) Coin?
Exciting news for crypto traders! WEEX has recently listed the TRIA/USDT trading pair, enhancing your trading opportunities with…

TRIA USDT Trading Debuts on WEEX with Tria (TRIA) Coin
Exciting news for crypto traders: Tria (TRIA) Coin has officially listed on WEEX Exchange, opening up the TRIA…

HODL AI (HODLAI) Coin Price Prediction & Forecast for February 2026 – Potential Surge Amid AI-Web3 Fusion
HODL AI (HODLAI) has just made waves with its global exclusive first launch on WEEX, blending Web2 and…
What is Dai (DAI) Coin?
We’re thrilled to announce another exciting addition to our trading platform: the Dai (DAI)/USDT trading pair is now…
DAI USDT Pair Debuts on WEEX with Dai (DAI) Coin Listing
WEEX Exchange is thrilled to announce the listing of Dai (DAI), a leading stablecoin, with DAI USDT trading…
What is Clawstr (CLAWSTR) Coin? Everything You Need to Know
Clawstr (CLAWSTR) is making its debut in the crypto trading arena as it becomes the latest token pair…
CLAWSTR/USDT Premieres on WEEX: Clawstr Coin Debut
WEEX Exchange is thrilled to announce the exclusive world premiere listing of Clawstr (CLAWSTR) Coin, endorsed by early…
What is Greenland Shark (SHARK) Coin?
We’re excited to announce the launch of the Greenland Shark (SHARK) token on WEEX, marking yet another milestone…
WEEX Premieres Greenland Shark (SHARK) Coin: SHARK USDT Listing
WEEX Exchange, a leading platform in the crypto space, is thrilled to announce the exclusive initial listing of…