Bitcoin Crash Today Alert: BTC Falls 5%– What Happened?
Bitcoin dropped 5% amid global tensions and liquidations. Here's why it crashed and what traders should watch next.
CryptoBitLab
Just when things were looking stable, Bitcoin plunged 4.5% in 24 hours — and it shocked even seasoned traders like me. If you're wondering what went wrong, let me break it down in simple terms.
🚨 What Caused This Sharp Bitcoin Crash?
- ⚔️ Israel-Iran Conflict: On June 13, reports of an Israeli airstrike on Iran triggered global risk-off sentiment. BTC first jumped, then quickly reversed.
- 💣 Massive Liquidations: As BTC dipped below $105K, over $635 million in long positions were liquidated.
- 📉 Fear & Greed Index: Dropped from 61 (Greed) to 54 (Neutral) — showing rising uncertainty.
📊 Technical Breakdown of BTC
- Key Support Broken: $105K liquidation zone failed
- Now Testing: 50-day SMA at $102,955
- RSI Weak: Sitting around 51.14 – not much strength left
📉 How Did The Market React?
- 💥 Derivatives Crash: $323M in long trades were liquidated from June 12 to 13
- 📉 Open Interest: Dropped by 2.3%
- 📊 Inflation Data: Core PPI was 3% (vs 3.1% expected) but failed to boost crypto
🧠 What I Learned (My Honest Take)
In my experience, when geopolitical tension rises, Bitcoin first acts as a hedge — but panic usually kicks in. This drop was fast and painful, but not unexpected if you follow the data.
Technicals plus world events = high volatility. So keep your stop-losses ready.
🔗 Helpful Links
- Read: How to Use Fibonacci in Crypto Trading (Internal)
- Cointelegraph – BTC Liquidation News (External)
❓ Frequently Asked Questions (FAQs)
- Why did Bitcoin crash 4.5%?
Due to war tensions, massive liquidations, and weak technical support. - Is this a good buying opportunity?
Only if Bitcoin holds the 50-day moving average — otherwise wait. - Can it go lower?
If it breaks $102K, yes. But current support zones are still active.
🔗 Helpfull Link
✅ Final Thoughts
This was a heavy drop — but crypto isn’t new to wild swings. If you’re new, don’t panic. Zoom out, stay informed, and always DYOR (Do Your Own Research).
What’s your take on this crash? Let’s talk in the comments below!
Disclaimer:
The content above is for informational purposes only and does not constitute financial advice. Always do your own research (DYOR) before making any investment decisions. The opinions shared belong to the author and not to CryptoBitLab or its affiliates.
