Could Bitcoin Plummet To $90,000 Soon?
Posted On June 5, 2025
Bitcoin’s (CRYPTO: BTC) recent price consolidation is raising alarms about whether the $100,000 support level will hold.
What Happened: In an episode of the Technical Roundup podcast, pseudonymous trader DonAlt explained that while the monthly chart remains strongly bullish, the daily timeframe is looking shaky.
While Bitcoin’s monthly chart remains “ragingly bullish” with strong support between $94,000-$102,000, the daily timeframe shows more concerning patterns.
He pointed to a false breakout above resistance that’s since been rejected, adding, the daily is a little bit choppy, if not leaning slightly bearish.
DonAlt considers $100,000 a clear line in the …
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