The post Is the Crypto Crash Confirmed? appeared com. Bitcoin Price Crash Toward $100K Amid Heavy Selling Pressure Bitcoin (TC) has tumbled close to the key $100, 000 mark its most critical psychological and technical level this quarter. Over the past 48 hours, BTC fell from around $107K to just above $100K, breaking below major supports around $104K and $106K. BTC/USD 2-hour chart TradingView The daily chart shows a confirmed bearish crossover between the 9-day and 21-day moving averages, both now trending below the 200-day SMA at $109K. This alignment confirms short-term momentum has shifted firmly to the downside. Bitcoin Price Analysis Today: Exhaustion but No Reversal Yet RSI (Relative Strength Index): On the 2-hour chart, RSI sits around 33. 6, approaching oversold levels, which often precede short-term relief rallies. On the daily timeframe, RSI has slipped to 31. 8, signaling that BTC is in oversold territory but not yet showing bullish divergence. BTC/USD 1-day chart TradingView MACD (Moving Average Convergence Divergence): The MACD lines remain sharply below zero on both short and long-term timeframes, with histogram bars widening. This reflects intensifying bearish momentum a sign that the downtrend could extend if volume remains high. Next Downside Targets if the Correction Continues If itcoin fails to defend the $100K area, the next potential downside targets are: $97K $95K: initial liquidity pocket that may trigger a short bounce. $92,870: historical support from previous accumulation phases. $90K $88K: stronger demand zone where buyers could re-enter aggressively. A sustained close below $100K would likely confirm a deeper corrective leg, potentially extending to $85K, marking a 50% retracement from the $125K highs. Upside Scenarios if BTC Holds the Line If Bitcoin manages to stabilize above $100K, a short-term rebound could form. Resistance levels to monitor: $104K: former support turned resistance. $106K $109K: confluence zone with key moving averages. $112K $114K: reclaiming.