Is Bitcoin Headed for a Crash Below $100K? ‘Grand Daddy’ Volume Indicator Hits Lowest Since April

💡 DMK Insight

A key volume indicator flashing weakness could mean trouble for Bitcoin bulls. When volume indicators show a decline, it often precedes significant price corrections. If Bitcoin is indeed heading toward a sell-off below $100,000, traders need to be on high alert. This isn’t just about Bitcoin; a dip could ripple through the entire crypto market, impacting altcoins like Ethereum, which often follow Bitcoin’s lead. If you’re holding long positions, consider tightening your stop-loss orders to protect against sudden downturns. But here’s the flip side: if this sell-off doesn’t materialize and Bitcoin holds above key support levels, it could present a buying opportunity for those looking to accumulate at lower prices. Watch for Bitcoin to maintain support around $100,000; a break below that could trigger further selling pressure. Keep an eye on volume trends over the next few days—if they stabilize or increase, it might signal a reversal rather than a breakdown.