{"id":3746,"date":"2025-06-23T13:12:01","date_gmt":"2025-06-23T13:12:01","guid":{"rendered":"https:\/\/bitunikey.com\/news\/btc-crash-was-no-accident-bitcoins-price-chart-warned-of-potential-weakness\/"},"modified":"2025-06-23T13:12:21","modified_gmt":"2025-06-23T13:12:21","slug":"btc-crash-was-no-accident-bitcoins-price-chart-warned-of-potential-weakness","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/btc-crash-was-no-accident-bitcoins-price-chart-warned-of-potential-weakness\/","title":{"rendered":"BTC crash was no accident: Bitcoin\u2019s price chart warned of potential weakness"},"content":{"rendered":"
\n

Bitcoin\u2019s recent plunge may have shocked casual traders, but those following the charts were well-prepared. A precise rejection from $108,900 played out exactly as predicted in earlier technical analysis.<\/p>\n

The sharp decline in Bitcoin\u2019s (BTC) price action wasn\u2019t random, it was mapped out in advance. The $108,900 level was a major technical resistance zone that contained a cluster of confluences, including the value area high, the 0.618 Fibonacci retracement, a key swing high, and a bearish order block. The rejection from that level played out to the dollar, reinforcing the idea that technicals often lead fundamentals, not the other way around.<\/p>\n

We had modeled in a prior crypto.news analysis article: <\/p>\n

\n

Bitcoin\u00a0has shown strong momentum coming into the week following a weekend push higher. However, price is now trading in a zone that has historically acted as resistance, and the market\u2019s reaction here will shape the near-term outlook. If this resistance is cleared with volume and conviction, a breakout to fresh all-time highs becomes increasingly likely. If price is rejected, a retracement toward liquidity-laden zones below may occur first.<\/strong><\/p>\n<\/blockquote>\n

Key technical points<\/h2>\n
    \n
  • $108,900 Resistance: <\/strong>Rejection from this exact level was predicted, backed by multiple high-confluence indicators<\/li>\n
  • Liquidity Sweep:<\/strong> Weekend lows were a magnet, drawing price into resting liquidity for a textbook flush<\/li>\n
  • CME Futures Gap: <\/strong>Gap formed at $103,700 due to futures markets being closed on weekends, not due to lack of trading activity<\/li>\n
  • Support and Resistance:<\/strong> $98,174 weekend low and $101,455 reclaim are key zones for short-term structure<\/li>\n<\/ul>\n
    <\/source><\/p>\n<\/picture>
    BTCUSDT (5H) Chart, Source: TradingView<\/figcaption><\/figure>\n

    The zone discussed in the prior analysis combined multiple bearish signals: the value area high, macro resistance, the 0.618 Fibonacci retracement, and an untested bearish order block. The rejection occurred with pinpoint accuracy, triggering a sharp sell-off that swept weekend liquidity and validated the predictive power of technical confluence.<\/p>\n

    <\/p>\n

    The breakdown also targeted a known liquidity pocket, taking out lows around $98,174, a region dense with resting orders, the point of control, and the value area low. As expected, price dipped through this zone in a classic liquidity grab before showing a reaction.<\/p>\n

    <\/source>
    \n\"BTC\n<\/picture>
    BTC1! (15Min) Chart, Source: TradingVIew<\/figcaption><\/figure>\n

    Now, focus shifts to the CME futures gap at $103,700. It\u2019s important to clarify: this gap wasn\u2019t created by low weekend volume, it exists because CME futures do not trade on weekends. When spot markets move while CME is closed, a gap forms that often becomes a high-probability magnet once CME reopens. Historically, over 98% of CME gaps are eventually filled.<\/p>\n

    <\/source>
    \n\"BTC\n<\/picture>
    BTCUSDT (1H) Chart, Source: Tradingview <\/figcaption><\/figure>\n

    Price has since reclaimed the $101,455 level intraday, increasing the probability of a short squeeze into the CME gap zone. This area also aligns with the VWAP and 0.618 retracement, reinforcing its role as a key decision point. However, if price stalls or rejects here without strong volume follow-through, the move is likely to fade and resume the bearish structure.<\/p>\n

    Currently, Bitcoin remains structurally bearish. No confirmed higher high or higher low has formed. A failure to hold above the CME gap zone could trigger another leg lower, potentially retesting or breaking below the $98,174 low.<\/p>\n

    What to expect in the coming price action<\/h2>\n

    Watch closely as Bitcoin approaches the $103,700 CME gap. If the gap is filled and price consolidates with weak or indecisive momentum, it could serve as the next rejection zone. A rejection here would reinforce the broader bearish trend and could trigger another wave of selling. Until the structure decisively shifts bullish, the technicals suggest caution remains warranted.<\/p>\n

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

    Bitcoin\u2019s recent plunge may have shocked casual traders, but those following the charts were well-prepared. A precise rejection from $108,900 played out exactly as predicted in earlier technical analysis. The…<\/p>\n","protected":false},"author":1,"featured_media":345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3746","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\/3746","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=3746"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3746\/revisions"}],"predecessor-version":[{"id":3747,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3746\/revisions\/3747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/345"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}