$Bitcoin price experienced a sudden flash crash $112,620 After the resistance resists. This inspiring sale debates whether the traders are setting the biggest shopping opportunities for BTC or warning of more flaws. In the crypto world, that’s what it is like. It’s far from abnormal – Volatility is part of the game.
Bitcoin Price Action: Chart Signal
The attached chart shows that Bitcoin is losing $114,417 (50-day SMA) It will plummet towards the surrounding support level $112,142–111,350. RSI is cooled 44suggests momentum born from neutrality. Important observations:
- Refusal to resist: $BTC was rejected immediately $118,600marks a strong ceiling.
- Support retest: Current prices are testing important horizontal support bands between $111K-112K.
- Moving Average: 200 Day SMA I’m sitting below $103,615, Psychological $100,000 Level that serves as a major long-term support.
BTC/USD 1 Day Chart – TradingView
Bitcoin price forecast: Rebound or more sales?
- Bully Case (Rebound Purchase Opportunities): If BTC defends $111K-112K Support zone, fast rebound $115K And potentially $118K It’s possible. For long-term holders, these dips often offer solid buying opportunities.
- Bearish (and more crash): If support fails, BTC can extend the loss $105Kand the next big line of sand $100,000 psychological mark. The breaks there will check for a deeper fix.
Bitcoin News Context: Normal Volatility of Cryptocurrency
Flash crash Thus, Bitcoin News is nothing new. Due to its highly liquid yet emotionally driven market, sudden movements are part of the DNA. Historically, Bitcoin has seen a sharp pullback before staging a larger gathering. Long-term investors often see corrections like a healthy reset that waves weakly.
Bitcoin prices have been in the spotlight for weeks
While the flash crashes below $113K In the triggered panic, the larger image shows that BTC is still within a wider trading range. The next few days will be important to see if the Bulls can defend their support or if the bear can push towards more than $105,000.
For now, traders need to look closely $111K-112K Support and $118K Resistance. Whether this crash turns into a rebound or a deeper selling, here’s one thing for sure: Bitcoin news and volatility in Bitcoin prices remain at the heart of the crypto market.
