Bitcoin Price Breaks 100K: A Critical Psychological Level Lost
$Bitcoin has officially broken below the $100,000 psychological support, sending shockwaves across the crypto market. The 4H chart shows a sharp rejection from the $104K–106K resistance zone, followed by a steep selloff that accelerated once BTC slipped under the yellow support area.
BTC/USD 4-hours chart – TradingView
The break below $100K wasn’t just technical—it triggered panic selling, liquidations, and a massive imbalance in the order book, all visible in the depth chart.
$BTC is now trading around $98,500, with fear rising rapidly as traders reassess downside risks.
Bitcoin Crash: BTC Loses Structure and Re-Tests Local Lows
1. Major resistance rejection
On the 4H chart:
- BTC attempted to reclaim the $104K–106K zone, but the rejection (highlighted by your yellow arrow) confirmed strong seller dominance.
- Moving averages (9/21 EMA cross) remain bearish.
- Price quickly accelerated toward the next major support: $100K.
2. Support finally breaks
The long-tested horizontal zone at $100,000 has acted as:
- A psychological barrier
- A liquidity magnet
- A momentum pivot
Once price slipped under it, the market reacted violently.
3. Momentum indicators signal oversold
Stoch RSI is diving into oversold territory, suggesting short-term exhaustion—
…but not enough yet to prevent further downside if liquidity gets swept.
Depth Chart Analysis: Heavy Sell-Side Pressure
The depth chart clearly shows:
- Massive buy liquidity from 99K → 95K wiped out
- Increasing sell walls from $102K–105K
The order book shows a strong imbalance:
Buy-side liquidity (green):
- Deep stack down at $98K–96K
- Thinner liquidity as you approach $100K → meaning less support to stop crashes
Sell-side liquidity (red):
- Thick sell walls starting at $102K
- Strong bearish pressure preventing a quick recovery
- This confirms stronger sellers than buyers, signaling that BTC may not reclaim $100K immediately.
Bitcoin Price Prediction: What Comes After the Crash?
Immediate Support Levels
🔻 $98,300 – first bounce zone: (This area appears in both the trading chart and depth chart as a large liquidity pocket.)
🔻 $96,000 – $95,500: Stronger buy liquidity zone. If BTC continues falling, this is the next major support.
🔻 $92,000 – $90,000: A complete liquidity sweep may target this region if panic selling accelerates.
Upside Recovery Targets
If BTC manages to reclaim $100K:
🔼 $102,000 – $103,500: First resistance cluster (21 EMA + sell wall)
🔼 $104,000 – $106,000: The key area where BTC was previously rejected. Must be broken to regain bullish structure.
🔼 $108,400: 200 SMA resistance on the 4H—major trend confirmation point.
Market Sentiment: Fear Is Rising, But Opportunity Brewing?
The break below $100K triggered:
- Liquidations
- Panic exits
- Social sentiment collapse
- Derivatives funding flipping negative
However, structurally:
- BTC is still in a macro uptrend
- $96K–$98K has strong spot demand
- Whales historically accumulate during shakeouts
- Short-term pain is possible, but long-term buyers may see this as a rare dip.