Thursday, July 10, 2025
SCRYPTO MAGAZINE
No Result
View All Result
  • Home
  • Crypto
  • Bitcoin
  • Blockchain
  • Market
  • Ethereum
  • Altcoins
  • XRP
  • Dogecoin
  • NFTs
  • Regualtions
SCRYPTO MAGAZINE
No Result
View All Result
Home Bitcoin

Why Bitcoin Is Set To Drop Below $107,000

SCRYPTO MAGAZINE by SCRYPTO MAGAZINE
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 under $107,000 earlier than igniting the next bullish rally. The cryptocurrency market construction presently displays a short-term bearish correction inside a broader bullish pattern, supporting the probability of a potential surge to new all-time highs quickly. 

Bitcoin Prepares For Remaining Dip Beneath $107,000

Crypto market professional, Tehi Thomas, in a current TradingView post, advised that Bitcoin’s current structure could also be getting into its closing corrective section. The analyst factors to a potential price crash under the $107,000 degree as a part of a strategic play by sensible 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 also be respecting a descending trendline, a sample which frequently 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 anticipated 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, notably the 0.786 retracement close to $106,200, strengthening the confluence for a potential reversal point. 

Thomas has highlighted this $106,200 degree 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 relatively a calculated liquidity seize to fill inefficiencies left from the earlier lag. So long as the worth respects the $106,000 vary and shows bullish order stream afterward, its projected correction is anticipated 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 anticipated to kind a reversal construction that would kick off the subsequent main rally. Regardless of the projected crash under $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 major 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 course, Bitcoin might as soon as once more regain bullish momentum. 

Moreover, the TradingView professional 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 present, Bitcoin is buying and selling at $108,744, which means a possible surge to the projected ATH degree at $110,500 will signify a 1.61% improve. 

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

Related articles

The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?

The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?

July 10, 2025
Bitcoin Soared—But Mainstream News Was Missing In Action, Study Reveals

Bitcoin Soared—But Mainstream News Was Missing In Action, Study Reveals

July 10, 2025
Tags: BitcoinDropSet
Share76Tweet47

Related Posts

The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?

The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?

by SCRYPTO MAGAZINE
July 10, 2025
0

Bitcoin’s newest hourly shut could also be providing greater than meets the attention. With the 25- and 50-hour SMAs holding...

Bitcoin Soared—But Mainstream News Was Missing In Action, Study Reveals

Bitcoin Soared—But Mainstream News Was Missing In Action, Study Reveals

by SCRYPTO MAGAZINE
July 10, 2025
0

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Ad Disclosure Within the second quarter of 2025,...

Bitcoin’s $110K mind game – Fear, greed, and dormant 80K BTC’s wake-up call!

Bitcoin’s $110K mind game – Fear, greed, and dormant 80K BTC’s wake-up call!

by SCRYPTO MAGAZINE
July 10, 2025
0

Key Takeaways Bitcoin noticed 80k dormant cash transfer at $108,000, triggering a spike in market hypothesis. With BTC revisiting its...

Analyst Calls Out Bearish Crash For Bitcoin – Here’s The Target

Analyst Predicts Bitcoin Price Breakdown — Here’s The Best Time To Buy

by SCRYPTO MAGAZINE
July 9, 2025
0

Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Ad Disclosure The Bitcoin worth continues to pattern...

Bitcoin supply drops, institutions load up $164M in BTC – Will prices follow?

Bitcoin supply drops, institutions load up $164M in BTC – Will prices follow?

by SCRYPTO MAGAZINE
July 9, 2025
0

Key Takeaways Institutional inflows, rising Open Curiosity, robust on-chain demand, and declining BTC provide point out a bullish outlook, signaling...

Load More
  • Trending
  • Comments
  • Latest
Analysts’ 2025 Bull Market Predictions

Bitcoin Entering Second ‘Price Discovery Uptrend’, What’s Ahead?

January 21, 2025
Bitcoin Spot-Perpetual Price Gap Turns Negative

Bitcoin Spot-Perpetual Price Gap Turns Negative

December 23, 2024
Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?

December 24, 2024
Cardano Price Outlook: The $0.40 Threshold Could Unlock Doors to $1

Cardano Price Outlook: The $0.40 Threshold Could Unlock Doors to $1

December 23, 2024
Bitcoin could reach this unbelievable price by 2025, but these factors must align

Bitcoin could reach this unbelievable price by 2025, but these factors must align

0
XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

0

Fed Can’t Hold Bitcoin, No Plans Yet To Change Law, Powell Says

0
Bears Take Full Control of the Market

Bears Take Full Control of the Market

0
SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator

SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator

July 10, 2025
Insights From Ripple CEO’s Testimony To Senate Banking Committee

Insights From Ripple CEO’s Testimony To Senate Banking Committee

July 10, 2025
The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?

The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?

July 10, 2025
Bitcoin Price Near $114K As Spot Demand Returns To BTC

Bitcoin Price Near $114K As Spot Demand Returns To BTC

July 10, 2025

Recent News

SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator

SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator

July 10, 2025
Insights From Ripple CEO’s Testimony To Senate Banking Committee

Insights From Ripple CEO’s Testimony To Senate Banking Committee

July 10, 2025

Categories

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Dogecoin
  • Ethereum
  • Market
  • NFTs
  • Regualtions
  • XRP

Recommended

  • SEC Commissioner Peirce Declares Tokenized Securities Under the Purview of the Regulator
  • Insights From Ripple CEO’s Testimony To Senate Banking Committee
  • The Hidden Clue In Bitcoin Hourly Close: A Breakout Brewing?
  • Bitcoin Price Near $114K As Spot Demand Returns To BTC
  • Ethereum outshines Bitcoin, but ETH’s ATH still out of reach – Why?

© 2025 SCRYPTO MAGAZINE | All Rights Reserved

No Result
View All Result
  • Home
  • Crypto
  • Bitcoin
  • Blockchain
  • Market
  • Ethereum
  • Altcoins
  • XRP
  • Dogecoin
  • NFTs
  • Regualtions

© 2025 SCRYPTO MAGAZINE | All Rights Reserved