Thursday, July 31, 2025
Bitcoin In Stock
Shop
  • Home
  • Cryptocurrency
  • Blockchain
  • Bitcoin
  • Market & Analysis
  • Altcoin
  • DeFi
  • More
    • Ethereum
    • Dogecoin
    • XRP
    • NFTs
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet
Bitcoin In Stock
No Result
View All Result
Home Bitcoin

Why Bitcoin Is Set To Drop Below $107,000

n70products by n70products
July 10, 2025
in Bitcoin
0
Why Bitcoin Is Set To Drop Below $107,000
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


A brand new evaluation exhibits that Bitcoin (BTC) could also be on the verge of a calculated value crash that would take it beneath $107,000 earlier than igniting the next bullish rally. The cryptocurrency market construction at the moment displays a short-term bearish correction inside a broader bullish development, supporting the chance of a potential surge to new all-time highs quickly. 

Bitcoin Prepares For Ultimate Dip Beneath $107,000

Crypto market skilled, Tehi Thomas, in a current TradingView post, urged that Bitcoin’s current structure could also be getting into its ultimate corrective section. The analyst factors to a potential price crash beneath the $107,000 stage as a part of a strategic play by good cash. 

Associated Studying

The analyst shared a chart exhibiting Bitcoin forming consecutive decrease highs whereas its value presses downwards. Throughout these highs, the market can be respecting a descending trendline, a sample which regularly signifies short-term bearish stress. Notably, this trendline seems to be serving as a possible entice designed to engineer a liquidity grab and low cost entry. 

Bitcoin
Supply: Tehi Thomas on Tradingview

Thomas notes that when the important thing zone and sell-side liquidity space round $107,800 is taken, Bitcoin’s value is predicted to dip into a close-by Fair Value Gap (FVG), extending right down to the $106,500-$106,200 area. This FVG overlaps with vital Fibonacci ranges, significantly the 0.786 retracement close to $106,200, strengthening the confluence for a potential reversal point. 

Thomas has highlighted this $106,200 stage as a high-probability buy zone, the place establishments could re-enter the market. Notably, the analyst’s anticipated price correction for Bitcoin is just not seen as a breakdown of construction or market failure, however moderately a calculated liquidity seize to fill inefficiencies left from the earlier lag. So long as the value respects the $106,000 vary and shows bullish order circulation afterward, its projected correction is predicted to finish the buildup section. 

All-Time Highs In Sight After Key Reversal

Following Bitcoin’s projected sweep and fill of the FVG, the cryptocurrency is predicted to type a reversal construction that would kick off the following main rally. Regardless of the projected crash beneath $107,000, Thomas asserts that Bitcoin’s total macro trend remains bullish. Furthermore, this short-term pullback is taken into account a setup for a a lot bigger transfer towards a brand new all-time excessive.

Associated Studying

Thomas’s chart marks the $110,500 zone as the ultimate magnet and ATH goal, with a big layer of untapped liquidity above it. The analyst’s thesis is that when the sell-side pressure is exhausted and displacement confirms the shift in path, Bitcoin might as soon as once more regain bullish momentum. 

Moreover, the TradingView skilled has identified that the FVG close to $106,200 acts as each a liquidity magnet and a springboard, set to launch the flagship cryptocurrency into price discovery mode as soon as once more. At the moment, Bitcoin is buying and selling at $108,744, that means a possible surge to the projected ATH stage at $110,500 will characterize a 1.61% enhance. 

Bitcoin
BTC buying and selling at $108,999 on the 1D chart | Supply: BTCUSDT on Tradingview.com

Featured picture from Pixabay, chart from Tradingview.com



Source link

Tags: BitcoinDropSet
  • Trending
  • Comments
  • Latest
Everything announced at Meta Connect 2024: $299 Quest 3S, Orion AR glasses, and more

Everything announced at Meta Connect 2024: $299 Quest 3S, Orion AR glasses, and more

September 25, 2024
Ethereum turns deflationary: What it means for ETH prices in 2025

Ethereum turns deflationary: What it means for ETH prices in 2025

October 18, 2024
Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence

Ethereum Price Could Still Reclaim $4,000 Based On This Bullish Divergence

February 23, 2025
Uniswap Launches New Bridge Connecting DEX to Base, World Chain, Arbitrum and Others

Uniswap Launches New Bridge Connecting DEX to Base, World Chain, Arbitrum and Others

October 24, 2024
Making the case for Litecoin’s breakout before Bitcoin’s halving

Making the case for Litecoin’s breakout before Bitcoin’s halving

0
Rocket Pool Stands To Reap Big From Ethereum’s Dencun Upgrade, RPL Flying

Rocket Pool Stands To Reap Big From Ethereum’s Dencun Upgrade, RPL Flying

0
24 Crypto Terms You Should Know

24 Crypto Terms You Should Know

0
Shibarium Breaks The Internet (Again) With Over 400 Million Layer-2 Transactions

Shibarium Breaks The Internet (Again) With Over 400 Million Layer-2 Transactions

0
Ether Machine Acquires 15K ETH, Becomes Third-Largest Holder of ETH

Ether Machine Acquires 15K ETH, Becomes Third-Largest Holder of ETH

July 31, 2025
AML Bitcoin Founder Sentenced To 7 Years

AML Bitcoin Founder Sentenced To 7 Years

July 31, 2025
Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

July 31, 2025
How this one tablet convinced me gaming on Android is worth it

How this one tablet convinced me gaming on Android is worth it

July 31, 2025

Recent News

Ether Machine Acquires 15K ETH, Becomes Third-Largest Holder of ETH

Ether Machine Acquires 15K ETH, Becomes Third-Largest Holder of ETH

July 31, 2025
AML Bitcoin Founder Sentenced To 7 Years

AML Bitcoin Founder Sentenced To 7 Years

July 31, 2025

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Blog
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

Recommended

  • Ether Machine Acquires 15K ETH, Becomes Third-Largest Holder of ETH
  • AML Bitcoin Founder Sentenced To 7 Years
  • Central Bankers at ECB Accused of Behaving in ‘Anti Democratic’ Way, Refusing To Respect Rule of Law: Report

© 2024 Bitcoin In Stock | All Rights Reserved

No Result
View All Result
  • Home
  • Cryptocurrency
  • Blockchain
  • Bitcoin
  • Market & Analysis
  • Altcoin
  • DeFi
  • More
    • Ethereum
    • Dogecoin
    • XRP
    • NFTs
    • Regulations
  • Shop
    • Bitcoin Book
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Merch
    • Bitcoin Miner
    • Bitcoin Miner Machine
    • Bitcoin Shirt
    • Bitcoin Standard
    • Bitcoin Wallet

© 2024 Bitcoin In Stock | All Rights Reserved

Go to mobile version