đš Bitoin Flash Crash: BTC NUKED Below $113K!
Hereâs WHY it happened â and whatâs next đłđ
đ From a mighty $123,218 to a gut-punching $112,722âŠ
Bitcoin just erased over $10,500 in days!
Current price? $113,141 â down -2.47% in the past 24h.
đ Real-Time Stats (Aug 1, 2025):
đ° Price: $113,141
đ 24h High: $116,362
đ 24h Low: $112,722
đ Volume: $2.9B / 25,214 BTC
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đŁ Whatâs Behind the Crash?
đž Technical Breakdown
Support zones are getting wrecked:
$118.9K â $115.5K â $113.7K now resistance â ïž
đž Whales Cashed Out at the Top đđž
Big money dumped at $123K â triggering liquidations and panic stops.
đž No Bullish Bounce = Weak Hands đŹ
Even at $112,722 â bulls didnât show up. Thatâs a red flag.
đž Global Macro Fear đ°
Trumpâs India-Russia comments + rising global tension = FUD storm.
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đ Multi-Timeframe Technicals
đ 1H Chart
Weak bounce from $113.7K â feels like a trap đ
Volume = bearish still.
â±ïž 4H Chart
MA(5) crossed under MA(10) = downtrend intact đ»
If $112.7K fails, bears take control again.
đ 1D Chart
Bearish engulfing candle đ„
Break below $112.7K = potential freefall to $107K or even $102K
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đź Whatâs Next for BTC?
â Scenario A â Relief Bounce (Low Chance)
Only possible if BTC reclaims $115.5K with volume.
May hit $117.8Kâ$118.9K short-term.
Trigger? RSI divergence or macro optimism.
â Scenario B â Deeper Dump (More Likely)
Lose $112.7K? We head to $110K â $107K â $102K
Trigger? More whale dumps + no buyer strength = doom spiral đ”âđ«
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đ§ Pro Strategy Guide
đŻ Scalpers: Wait for confirmation at $113.7K â no FOMO entries
đ Swing Traders: No longs until $115.5K flips support
đŒ Spot Buyers: Consider DCA between $107Kâ$102K
đŁ Leverage Users: Tight stops only â or get hunted!
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đ„ Final Take
Bitcoin just entered a short-term bear zone.
Could this be the shakeout before the breakout? Or is $102K next?
The next 48 hours are CRUCIAL â donât blink đïž
đ Key Levels:
Resistance: $113.7K / $115.5K / $118.9K
Support: $112.7K / $110K / $107K / $102K
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