Bitcoin decreased by 27 % to $ 74,000 if you lose main support levels. star-news.press/wp

Main meals:

• Bitcoin price deviated by 12 % from its highest levels ever on June 23, decreasing to less than $ 100,000 for the first time since May 8.

• The 24 -hour recycling map suggests a short -term goal of $ 97,000, as the price of a paid bitcoin, which predicts $ 74,000, can decrease.

The price of Bitcoin (BTC) has decreased by more than 4.6 % over the past seven days after raising to $ 109,000 at the beginning of last week.

Data from Cointelegraph Markets Pro and Tradingvief He explains that the price of bitcoin decreased by up to 5 % on June 22 to the lowest level in 98240 dollars from a height of 103400 dollars.

Bitcoin’s low prices coincide with clouds at the market level fed by geopolitical uncertainty as Iranian nuclear sites were targeting American air strikes. She left the sale that followed the market participants wondering how deep the price is.

Bitcoin takes liquidity to less than $ 100,000

The BTC price fell to $ 98,240 on June 22 after US President Donald Trump confirmed strikes on nuclear facilities in Iran. This clouds of the highest level on May 22 ever ranged from $ 112,000 and 12 %, which was accompanied by a large liquidation in the derivative market.

The 24 -hour code references amounted to 672 million dollars, for all data from Coinglass. Bitcoin ate through the long qualifiers easily, wiping over $ 238 million in long positions between June 22 and June 23.

Buyers rose to a range of $ 99,300-98,500 dollars to return the price to six numbers. However, as shown in the graph below, more bid orders appeared between $ 98,000 and $ 97,000.

This indicates that the price of bitcoin may decrease further to sweep the liquidity in this range. In the longest time frames, liquidity groups exceed more than $ 80,000, which, according to the famous Bitcoin analyst Alphabtc, is still a major area of ​​attention, depending on how to operate geopolitical events.

In a publication on June 23 on X, Alphabtc He said:

“This week will be a major impact on the rest of the summer for the markets and the origins of the risk.”

Related to: Merchants XRP, ETH, Sol and Hype are now watching that Bitcoin is trading less than $ 100,000

The BTC style targets the top of 74 thousand dollars

From a technical perspective, it is possible that the price of Bitcoin is a rounded top or a Used -in -shaped style on the daily chart (see below).

The bulls are now focusing on defending the psychological level at $ 100,000. Below, the main interest field lies between $ 95,000 (as it seems that the averages of simple 100 -day and 200 -day movement appear to be approximately) and open about 93,400 dollars.

Daily closure of the candlestick near the neckline for the ruling graph style at a price of $ 93,000, would confirm a declining collapse of the round upper composition, leading to the introduction of BTC in a long direction with the technical goal at 74,730 dollars, or a decrease of 27 % of the current levels.

The relative strength index, or RSI, is 41 years old and has decreased from 64 on June 9, indicating that the declining momentum has been constructed steadily.

As Cointelegraph mentioned, $ 100,000 has remained a major support level for BTC/USD, and if lost, it will open the door to a deeper correction of about $ 93,000 or less.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.