{"id":33035,"date":"2025-06-22T04:01:57","date_gmt":"2025-06-22T04:01:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33035"},"modified":"2025-06-22T04:01:57","modified_gmt":"2025-06-22T04:01:57","slug":"bitcoin-price-drops-to-101k-wheres-the-bottom","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33035","title":{"rendered":"Bitcoin Price Drops to $101K, Where\u2019s the Bottom?"},"content":{"rendered":"<div>\n<p>The cryptocurrency markets continue bleeding out, with Bitcoin dropping to as low as $101,000 earlier today.<\/p>\n<p>At the time of this writing, BTC recovered slightly and trades above $102,000 but analysts are scraping for answers and looking for the local bottom.<\/p>\n<figure id=\"attachment_401449\" aria-describedby=\"caption-attachment-401449\" style=\"width: 3250px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-401449\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39.png\" alt=\"BTCUSD_2025-06-22_06-41-39\" width=\"3250\" height=\"1588\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39.png 3250w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39-300x147.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39-1024x500.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39-768x375.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39-1536x751.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39-2048x1001.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/BTCUSD_2025-06-22_06-41-39-50x24.png 50w\" sizes=\"auto, (max-width: 3250px) 100vw, 3250px\"><\/a><figcaption id=\"caption-attachment-401449\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>As seen from the 1-hour chart, at least on that time frame, the cryptocurrency has been in a clear downtrend for the past five days, marking lower highs and lower lows consistently.<\/p>\n<p>Data from Coinglass also reveals elevated levels of liquidated positions across the leverage market. Almost $700 million were wiped off, which is a 35% increase compared to the day before. Naturally, the overwhelming majority of that were longs, accounting for around $600 million of the total.<\/p>\n<figure id=\"attachment_401450\" aria-describedby=\"caption-attachment-401450\" style=\"width: 1674px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-401450\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27.png\" alt=\"Screenshot 2025-06-22 at 6.44.27\" width=\"1674\" height=\"1090\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27.png 1674w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27-300x195.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27-1024x667.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27-768x500.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27-1536x1000.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.44.27-50x33.png 50w\" sizes=\"auto, (max-width: 1674px) 100vw, 1674px\"><\/a><figcaption id=\"caption-attachment-401450\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p>The heatmap below also paints a depressing picture. As you can see, with the exception of LEO, every single altcoin from the top 50 (by market capitalization) is charting significant losses over the past 24 hours.<\/p>\n<figure id=\"attachment_401451\" aria-describedby=\"caption-attachment-401451\" style=\"width: 3332px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-401451\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16.png\" alt=\"Screenshot 2025-06-22 at 6.45.16\" width=\"3332\" height=\"1538\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16.png 3332w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16-300x138.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16-1024x473.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16-768x354.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16-1536x709.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16-2048x945.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/06\/Screenshot-2025-06-22-at-6.45.16-50x23.png 50w\" sizes=\"auto, (max-width: 3332px) 100vw, 3332px\"><\/a><figcaption id=\"caption-attachment-401451\" class=\"wp-caption-text\">Source: Quantify Crypto<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-drops-to-101k-wheres-the-bottom\/\" rel=\"nofollow\">Bitcoin Price Drops to $101K, Where\u2019s the Bottom?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency markets continue bleeding out, with Bitcoin dropping to as low as $101,000 earlier today. At the time of this writing, BTC recovered slightly and trades above $102,000 but analysts are scraping for answers and looking for the local bottom. Source: TradingView As seen from the 1-hour chart, at least on that time frame, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33035","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33035"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33035\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}