.
AltHunter Updates |
No Result
View All Result
  • Home
  • Hot News
  • Latest News
  • All About News
  • Bitcoin
  • Telegram
  • X
No Result
View All Result
AltHunter Updates |
No Result
View All Result
Home All About News

Daily EMA-100 Must Hold to Prevent Deep Correction

AltHunter by AltHunter
June 23, 2025
in All About News, Hot News
0
Daily EMA-100 Must Hold to Prevent Deep Correction
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin briefly fell below the critical $100,000 level over the weekend, reaching a low of approximately $98,200 and triggering a wave of panic selling across crypto markets. The sharp drop came after news broke of US military strikes on Iranian nuclear facilities, a move that significantly escalated the already volatile conflict between Israel and Iran. The geopolitical shock sent global markets into risk-off mode, with Bitcoin reacting quickly to the growing uncertainty.

Related Reading

Despite the weekend dip, BTC has since reclaimed the $100K mark, but sentiment remains fragile. Investors are now watching key technical levels closely to determine the next move. According to top analyst Ted Pillows, Bitcoin must hold the daily EMA-100 to avoid further downside pressure. A decisive close below this level could open the door for a deeper correction, especially if macroeconomic and geopolitical risks persist.

As volatility spikes and fear grows, Bitcoin’s ability to maintain support at these levels may define whether the bull cycle continues or enters a prolonged consolidation phase. All eyes are now on the $100K zone, which has become a critical battleground for bulls and bears in a market driven by both technicals and global tension.

Bulls Defend $100K As Dominance Rises and Market Faces Crucial Test

Bitcoin is once again at a pivotal moment. After dipping below the psychological $100,000 level over the weekend amid growing geopolitical tensions, BTC quickly reclaimed this critical threshold, offering a glimmer of hope to market participants. Although bulls managed to push the price back up, the overall structure remains fragile, and technical indicators now carry more weight than ever.

Ted Pillows noted in a recent update that Bitcoin must hold its daily EMA-100 to preserve bullish momentum. A daily close below $99,000 would confirm a break below this key support zone, likely triggering a retest of the $92,000–$94,000 region. Such a move could create significant downside pressure, particularly on altcoins, which are already lagging behind in performance. In Pillows’ words, “If Bitcoin loses this level, alts will be annihilated.”

Bitcoin testing daily 100-EMA | Source: Ted Pillows on X
Bitcoin testing daily 100-EMA | Source: Ted Pillows on X

Despite the looming risks, fundamentals remain solid. Bitcoin dominance continues to hover near its highest levels of the year, reflecting growing investor preference for BTC over high-beta assets during uncertain times. On-chain metrics still indicate strong holder conviction, and macro narratives continue to favor Bitcoin as a hedge amid fiat instability and rising geopolitical uncertainty.

If Bitcoin can hold the $100K level and reclaim momentum, it could lead to renewed strength and eventually a push toward the $109K resistance zone. For now, however, bulls are on the defensive. Price action over the next few days will likely define the trajectory for the remainder of Q3, with a close watch on EMA support, macro headlines, and risk sentiment across global markets.

Related Reading

Bitcoin Struggles Below Resistance Amid Bearish Price Structure

The 12-hour chart for Bitcoin reveals a bearish structure following the breakdown below the $103,600 support zone. After forming a symmetrical triangle throughout mid-June, BTC failed to break upward and instead reversed direction, confirming a downward breakout. This move triggered a sharp decline to $98,200 over the weekend, followed by a modest recovery to the current $101,250 level.

BTC sets new low | Source: BTCUSDT chart on TradingView
BTC sets new low | Source: BTCUSDT chart on TradingView

The price is now trading below both the 50 and 100-period simple moving averages, which are beginning to curl downward, signaling a shift in momentum away from bulls. The 200-period SMA, currently near $95,600, stands as the next major support if downside pressure continues. Volume has picked up notably on the red candles, adding weight to the bearish case and confirming active selling during the recent drop.

Related Reading

Bitcoin must reclaim the $103,600 zone and hold above it to invalidate the bearish pattern and regain control. Failure to do so could result in further downside toward $95,000 and possibly even $92,000. As long as BTC remains below the broken triangle support and the $103K resistance, the path of least resistance remains downward. Bulls face an uphill battle, and confidence may erode quickly if the $100K psychological level is breached again.

Featured image from Dall-E, chart from TradingView

Related articles

The state of Injective: Where onchain money goes further

The state of Injective: Where onchain money goes further

July 1, 2025
Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K

Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K

July 1, 2025

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin briefly fell below the critical $100,000 level over the weekend, reaching a low of approximately $98,200 and triggering a wave of panic selling across crypto markets. The sharp drop came after news broke of US military strikes on Iranian nuclear facilities, a move that significantly escalated the already volatile conflict between Israel and Iran. The geopolitical shock sent global markets into risk-off mode, with Bitcoin reacting quickly to the growing uncertainty.

Related Reading

Despite the weekend dip, BTC has since reclaimed the $100K mark, but sentiment remains fragile. Investors are now watching key technical levels closely to determine the next move. According to top analyst Ted Pillows, Bitcoin must hold the daily EMA-100 to avoid further downside pressure. A decisive close below this level could open the door for a deeper correction, especially if macroeconomic and geopolitical risks persist.

As volatility spikes and fear grows, Bitcoin’s ability to maintain support at these levels may define whether the bull cycle continues or enters a prolonged consolidation phase. All eyes are now on the $100K zone, which has become a critical battleground for bulls and bears in a market driven by both technicals and global tension.

Bulls Defend $100K As Dominance Rises and Market Faces Crucial Test

Bitcoin is once again at a pivotal moment. After dipping below the psychological $100,000 level over the weekend amid growing geopolitical tensions, BTC quickly reclaimed this critical threshold, offering a glimmer of hope to market participants. Although bulls managed to push the price back up, the overall structure remains fragile, and technical indicators now carry more weight than ever.

Ted Pillows noted in a recent update that Bitcoin must hold its daily EMA-100 to preserve bullish momentum. A daily close below $99,000 would confirm a break below this key support zone, likely triggering a retest of the $92,000–$94,000 region. Such a move could create significant downside pressure, particularly on altcoins, which are already lagging behind in performance. In Pillows’ words, “If Bitcoin loses this level, alts will be annihilated.”

Bitcoin testing daily 100-EMA | Source: Ted Pillows on X
Bitcoin testing daily 100-EMA | Source: Ted Pillows on X

Despite the looming risks, fundamentals remain solid. Bitcoin dominance continues to hover near its highest levels of the year, reflecting growing investor preference for BTC over high-beta assets during uncertain times. On-chain metrics still indicate strong holder conviction, and macro narratives continue to favor Bitcoin as a hedge amid fiat instability and rising geopolitical uncertainty.

If Bitcoin can hold the $100K level and reclaim momentum, it could lead to renewed strength and eventually a push toward the $109K resistance zone. For now, however, bulls are on the defensive. Price action over the next few days will likely define the trajectory for the remainder of Q3, with a close watch on EMA support, macro headlines, and risk sentiment across global markets.

Related Reading

Bitcoin Struggles Below Resistance Amid Bearish Price Structure

The 12-hour chart for Bitcoin reveals a bearish structure following the breakdown below the $103,600 support zone. After forming a symmetrical triangle throughout mid-June, BTC failed to break upward and instead reversed direction, confirming a downward breakout. This move triggered a sharp decline to $98,200 over the weekend, followed by a modest recovery to the current $101,250 level.

BTC sets new low | Source: BTCUSDT chart on TradingView
BTC sets new low | Source: BTCUSDT chart on TradingView

The price is now trading below both the 50 and 100-period simple moving averages, which are beginning to curl downward, signaling a shift in momentum away from bulls. The 200-period SMA, currently near $95,600, stands as the next major support if downside pressure continues. Volume has picked up notably on the red candles, adding weight to the bearish case and confirming active selling during the recent drop.

Related Reading

Bitcoin must reclaim the $103,600 zone and hold above it to invalidate the bearish pattern and regain control. Failure to do so could result in further downside toward $95,000 and possibly even $92,000. As long as BTC remains below the broken triangle support and the $103K resistance, the path of least resistance remains downward. Bulls face an uphill battle, and confidence may erode quickly if the $100K psychological level is breached again.

Featured image from Dall-E, chart from TradingView

Tags: correctionDailyDeepEMA100HoldPrevent
ShareTweet

Related Posts

The state of Injective: Where onchain money goes further

The state of Injective: Where onchain money goes further

by AltHunter
July 1, 2025
0

Injective took a significant step forward at the Injective Summit, where it announced three game-changing developments: iBuild, a no-code platform...

Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K

Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K

by AltHunter
July 1, 2025
0

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.The dollar index (DXY), which tracks...

Is Robert Kiyosaki a Sucker for Buying More Bitcoin?

Is Robert Kiyosaki a Sucker for Buying More Bitcoin?

by AltHunter
July 1, 2025
0

The author of Rich Dad Poor Dad became a Bitcoin bull several years ago and has since been highly vocal...

Smarter Web Buys $24.7M in BTC, Lifts Holdings to 773 BTC

Smarter Web Buys $24.7M in BTC, Lifts Holdings to 773 BTC

by AltHunter
July 1, 2025
0

United Kingdom-based web design and marketing firm The Smarter Web Company has expanded its Bitcoin treasury, purchasing an additional 230.05...

Crypto Stocks To Watch Today

Crypto Stocks To Watch Today

by AltHunter
July 1, 2025
0

US stocks climbed to fresh record highs on Monday, propelled by signs of progress in global trade talks and easing...

Load More
  • Trending
  • Comments
  • Latest
The investor’s guide to the DESK perps trading airdrop

The investor’s guide to the DESK perps trading airdrop

March 25, 2025
Drink-to-earn? A new sparkling water comes with an NFT and points

Drink-to-earn? A new sparkling water comes with an NFT and points

May 8, 2025
Execs expect patient SEC after SOL futures launch, more altcoin filings

Execs expect patient SEC after SOL futures launch, more altcoin filings

March 26, 2025
Mysten Labs’ Walrus could reshape decentralized gaming and apps

Mysten Labs’ Walrus could reshape decentralized gaming and apps

March 26, 2025
XRP, DOGE Rise, Ether Burn Falls to Record Low as Traders Eye This Week’s U.S. Data

XRP, DOGE Rise, Ether Burn Falls to Record Low as Traders Eye This Week’s U.S. Data

0
Trump Family-Linked World Liberty Snaps Up 3.54M MNT Tokens After Mantle’s Hard Fork

Trump Family-Linked World Liberty Snaps Up 3.54M MNT Tokens After Mantle’s Hard Fork

0
Philippines’ Largest Digital Wallet GCash Adds USDC Support

Philippines’ Largest Digital Wallet GCash Adds USDC Support

0
XRP Could Hit $10 by 2030 as Ripple Wraps Up SEC Case: Analyst

XRP Could Hit $10 by 2030 as Ripple Wraps Up SEC Case: Analyst

0
The state of Injective: Where onchain money goes further

The state of Injective: Where onchain money goes further

July 1, 2025
Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K

Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K

July 1, 2025
Is Robert Kiyosaki a Sucker for Buying More Bitcoin?

Is Robert Kiyosaki a Sucker for Buying More Bitcoin?

July 1, 2025
Smarter Web Buys $24.7M in BTC, Lifts Holdings to 773 BTC

Smarter Web Buys $24.7M in BTC, Lifts Holdings to 773 BTC

July 1, 2025

About Us

Welcome to AltHunter Updates, your premier source for the latest cryptocurrency news, market trends, and expert insights. We are dedicated to providing up-to-date, accurate, and in-depth analysis of the fast-evolving world of digital assets.

Categories

  • All About News
  • Bitcoin
  • Hot News
  • Latest News

Recent News

  • The state of Injective: Where onchain money goes further
  • Dollar Index (DXY) Suffers Worst Crash Since 1991; Bitcoin’s (BTC) ‘Stochastic’ Points to Renewed Drop Below $100K
  • Is Robert Kiyosaki a Sucker for Buying More Bitcoin?

Copyright © 2025 AltHunter Updates.

  • Home
  • Hot News
  • Latest News
  • All About News
  • Bitcoin
  • Telegram
  • X

Copyright © 2025 AltHunter Updates.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok