Jun 22, 2025
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Bitcoin Price Drops to $101,500 with Support Level at $100,000
The Bitcoin price experienced volatility over the weekend, dropping from a high of $106,000 to just above $103,000 on June 20. It stabilized around $104,000 before declining again to approximately $101,500 late on June 21.
Next BTC Support Level Lies At $100,000
Analyst Titan of Crypto suggests that Bitcoin may retest a significant support level between $99,000 and $100,000 due to waning bullish momentum. Key points include:
- The Tenkan-sen line of the Ichimoku Cloud indicator indicates potential support.
- The Fair Value Gap (FVG) in this range suggests it is a critical area for potential price corrections.
- Maintaining support above $100,000 is essential for Bitcoin's short-term stability.
Bitcoin has not traded below $100,000 since May 8, with previous highs reaching $110,000.
Bitcoin Price At A Glance
As of now, Bitcoin is priced at approximately $102,845, reflecting a 0.4% decline in the past 24 hours.
