Crypto Liquidation Surge as Bitcoin Price Crashes Below $104k

The post Crypto Liquidation Surge as Bitcoin Price Crashes Below $104k appeared first on Coinpedia Fintech News

The crypto market faced intense pressure on Tuesday as Bitcoin tumbled below $104,000, triggering one of the largest liquidation events of the year. More than $1

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Traders Eye $100K as the Last Major Support

The Crypto Fear & Greed Index dropped to 21, indicating deep caution. BTC dipped under $105,000, and traders are now closely watching the $100,000 level, viewed as Bitcoin’s next strong line of defense. Popular trader Jelle noted on X that Bitcoin must quickly reclaim the $105,000–$107,000 range to avoid a deeper correction. “The next area of support is $100K,” he said.

Another trader, AlphaBTC, warned that a daily close below $105,300 could accelerate losses and trigger a slide under $100,000. Analysts expect bulls to defend the six-figure level strongly, but a break below it could flip Bitcoin’s long-term trend into bearish territory. On the same note, Bitfinex analysts caution that unless ETF inflows return or new institutional demand appears, Bitcoin could “potentially extend toward the $100,000 region or lower.”

For now, the crypto market remains tense, with traders bracing for what could be a crucial test of Bitcoin’s resilience at $100,000.

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