{"id":3261,"date":"2025-06-18T13:32:02","date_gmt":"2025-06-18T13:32:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-could-fall-under-100k-options-data-suggests\/"},"modified":"2025-06-18T13:32:06","modified_gmt":"2025-06-18T13:32:06","slug":"bitcoin-price-could-fall-under-100k-options-data-suggests","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-could-fall-under-100k-options-data-suggests\/","title":{"rendered":"Bitcoin price could fall under $100k, options data suggests"},"content":{"rendered":"
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Bitcoin price has retreated in the past few days, and the futures market points to more downside, potentially to $100,000.<\/p>\n

Bitcoin (BTC) dropped to $104,650 on Wednesday, June 18, marking a 6.52% decline from its highest level this year. Option traders are increasingly betting on further declines. Data from Deribit shows that the put-to-call volume ratio rose to 2.17, indicating that more traders are buying put options as a hedge.<\/p>\n

A put option gives investors the right, but not the obligation, to sell an asset at a specific price within a defined time period. In this case, for contracts expiring on Friday, open interest in put options is concentrated at the $100,000 strike.<\/p>\n

Investors remain cautious amid the escalating crisis in the Middle East. In a statement on Tuesday, Donald Trump suggested the U.S. may enter the conflict and potentially target Iran\u2019s Supreme Leader, Ayatollah Ali Khamenei.<\/p>\n

<\/p>\n

The conflict could fuel inflation in the U.S. and globally. Brent and West Texas Intermediate crude prices rose to $76 and $74, respectively, while global shipping costs have also jumped. As a result, the Federal Open Market Committee may opt for a wait-and-see approach, monitoring the impact of geopolitical tensions and Trump\u2019s proposed tariffs.<\/p>\n

On a more positive note, Bitcoin demand appears to be rising. Spot Bitcoin ETFs saw over $216 million in inflows on Tuesday, bringing total cumulative inflows to $46.26 billion. In a note, an XBTO analyst said<\/a>:<\/p>\n

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\u201cA hawkish signal from the Federal Reserve could strengthen the US dollar and trigger a test of the psychological $100,000 mark. The geopolitical situation remains a wildcard, where further deterioration would likely trigger another move down across risk assets.\u201d<\/p>\n<\/blockquote>\n

Bitcoin price has formed a double-top pattern<\/h2>\n
<\/source><\/p>\n<\/picture>
BTC price chart | Source: crypto.news<\/figcaption><\/figure>\n

On the eight-hour chart, BTC has pulled back from a high of $110,500 to around $104,530. It has formed a double-top pattern with a neckline at $100,300, a formation often associated with bearish breakouts.<\/p>\n

Bitcoin has also fallen below the 50-period Exponential Moving Average and is approaching the 23.6% Fibonacci retracement level. Meanwhile, the MACD indicator has dropped below the zero line.<\/p>\n

As such, Bitcoin may continue falling, with the next level to watch being $100,300, about 4.2% below current prices. A break below that support could open the door to a deeper decline toward the 38.2% retracement level at $97,560.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin price has retreated in the past few days, and the futures market points to more downside, potentially to $100,000. Bitcoin (BTC) dropped to $104,650 on Wednesday, June 18, marking…<\/p>\n","protected":false},"author":1,"featured_media":3262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3261"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3261\/revisions"}],"predecessor-version":[{"id":3263,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3261\/revisions\/3263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/3262"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}