{"id":51332,"date":"2025-10-11T21:02:41","date_gmt":"2025-10-11T14:02:41","guid":{"rendered":"https:\/\/hbbgroup.net\/three-bitcoin-charts-to-watch-after-btc-prices-flash-crash-to-103k\/"},"modified":"2025-10-11T21:02:41","modified_gmt":"2025-10-11T14:02:41","slug":"three-bitcoin-charts-to-watch-after-btc-prices-flash-crash-to-103k","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/three-bitcoin-charts-to-watch-after-btc-prices-flash-crash-to-103k\/","title":{"rendered":"Three Bitcoin charts to watch after BTC price\u2019s flash crash to $103K"},"content":{"rendered":"<div data-v-43e640e6>\n<p><strong>Key takeaways<\/strong>:<\/p>\n<ul>\n<li>\n<p data-ct-non-breakable=\"undefined\">Bitcoin\u2019s broader uptrend and on-chain data suggest the market remains in an expansion phase.<\/p>\n<\/li>\n<li>\n<p>Strong dip-buying by \u201csharks,\u201d and key trendline support point to another BTC rebound.<\/p>\n<\/li>\n<\/ul>\n<p>Bitcoin (<a href=\"https:\/\/cointelegraph.com\/bitcoin-price\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/bitcoin-price\">BTC<\/a>) attempted to recover a day after traders witnessed the <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-wobbles-110k-trader-says-20b-liquidation-rout-not-bottom\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/bitcoin-wobbles-110k-trader-says-20b-liquidation-rout-not-bottom\">biggest single-day wipeout<\/a> on record, with over $5.39 billion in leveraged positions liquidated in 24 hours, which is twice as large as the \u201cCOVID-19 crash\u201d in 2020.<\/p>\n<figure><img decoding=\"async\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/0199d2b7-44ab-7774-a1c3-afa132da82d7\" title><figcaption><em>BTC total liquidations chart. Source: DefiLlama<\/em><\/figcaption><\/figure>\n<p>As of Saturday, BTC\u2019s price had rebounded by 8.50% after dropping to its local low at around $103,000. At the time of writing, it remains down 11% from its record high of $126,300, set earlier in the week.<\/p>\n<figure><img decoding=\"async\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/0199d32e-fe6c-7717-8d1e-030d959caadb\" title><figcaption><em>BTC\/USD weekly price chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Can Bitcoin\u2019s recovery extend further? These three charts indicate favorable technical conditions for a potential rally in the coming days or weeks.<\/p>\n<h2>Bitcoin uptrend unfazed by $5.39 billion wipeout <\/h2>\n<p>Bitcoin\u2019s latest correction may look dramatic on lower timeframes, but zooming out reveals it\u2019s actually milder than several past pullbacks. <\/p>\n<p>On the weekly chart, BTC has dropped less than 10% so far, notably less than the 14\u201315% dips seen in March 2025 and July 2024, both of which were followed by strong rebounds.<\/p>\n<figure><img decoding=\"async\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/0199d2e3-842c-79f5-ae11-d0de20327aa9\" title><figcaption><em>BTC\/USD weekly price chart. Source: TradingView<\/em><\/figcaption><\/figure>\n<p>Bitcoin\u2019s price remains well within its ascending channel, a bullish structure that has guided its uptrend since mid-2023. <\/p>\n<p>Buyers have stepped in each time BTC has tested the lower boundary of this channel, sparking new rallies toward the upper range.<\/p>\n<p>The key level to watch now is the 20-week moving average (20-week MA) near $111,000, according to analyst <a href=\"https:\/\/x.com\/CryptoMichNL\/status\/1976907367473139971\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/CryptoMichNL\/status\/1976907367473139971\">Micha\u00ebl van de Poppe<\/a>. <\/p>\n<figure><img decoding=\"async\" alt src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/0199d2ea-a384-771f-899f-76ac53c70a83\" title><figcaption><em>Source: X<\/em><\/figcaption><\/figure>\n<p>Bitcoin holding above the 20-week MA support could mark a final capitulation phase, similar to the <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-up-1-800-after-2020-covid-19-btc-price-crash\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/bitcoin-up-1-800-after-2020-covid-19-btc-price-crash\">COVID-19 crash<\/a> and the <a href=\"https:\/\/cointelegraph.com\/news\/one-year-ftx-crash-3-cryptocurrencies-sol-okb-link\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/one-year-ftx-crash-3-cryptocurrencies-sol-okb-link\">FTX bottom<\/a>. <\/p>\n<p>That would set the stage for the next major BTC uptrend to begin, with a <a href=\"https:\/\/cointelegraph.com\/news\/dollar150k-bitcoin-price-likely-after-btc-anchors-to-a-high-value-area-analyst\" rel target=\"_self\" title=\"https:\/\/cointelegraph.com\/news\/dollar150k-bitcoin-price-likely-after-btc-anchors-to-a-high-value-area-analyst\">$140,000-150,000 target for year\u2019s end<\/a>.<\/p>\n<h2>BTC sharks buy the dip<\/h2>\n<p>While many smaller traders were forced out during the $5.39 billion liquidation on Friday, medium-sized holders, also known as \u201csharks,\u201d bought the dip aggressively.<\/p>\n<p>The daily Shark Net Position Change, which tracks wallets holding between 100 and 1,000 BTC, has surged to 190,296, its highest level since September 2012, according to <a href=\"https:\/\/studio.glassnode.com\/charts\/btc-entities-supply-shark-netposchange?a=BTC&#038;s=1695425826&#038;u=1760054400&#038;zoom=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/studio.glassnode.com\/charts\/btc-entities-supply-shark-netposchange?a=BTC&#038;s=1695425826&#038;u=1760054400&#038;zoom=\">Glassnode data<\/a>.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/0199d324-0635-700c-a94e-76f3ece3c9eb\"><figcaption><em>Bitcoin\u2019s Shark Net Position Change. Source: Glassnode<\/em><\/figcaption><\/figure>\n<p>Additionally, the Bitcoin supply held by the same cohort has grown exponentially in 2025, reaching a new record high on Friday despite the price drop. This suggests that there is less panic among the more experienced investors.<\/p>\n<p><em><strong>Related: <\/strong><\/em><a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-crash-trump-tariffs-history-repeats-economist\" rel=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-crash-trump-tariffs-history-repeats-economist\" target=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-crash-trump-tariffs-history-repeats-economist\" title=\"https:\/\/cointelegraph.com\/news\/bitcoin-price-crash-trump-tariffs-history-repeats-economist\"><em><strong>Bitcoin slump may rebound up to 21% in 7 days if history repeats: Economist<\/strong><\/em><\/a><\/p>\n<p>The wave of buying by these larger entities could lay the groundwork for Bitcoin\u2019s next big recovery if this trend continues.<\/p>\n<h2>Bitcoin Bollinger Bands still \u201csqueezing\u201d<\/h2>\n<p>Bitcoin\u2019s Friday correction could be a mid-cycle cooldown rather than the start of a long bear market, according to chartist <a data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/matthughes13\/status\/1976832529723539891\" rel=\"https:\/\/x.com\/matthughes13\/status\/1976832529723539891\" target=\"https:\/\/x.com\/matthughes13\/status\/1976832529723539891\" title=\"https:\/\/x.com\/matthughes13\/status\/1976832529723539891\">The Great Mattsby<\/a>.<\/p>\n<p>Every past Bitcoin bull run ended only after its monthly <a data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/bollinger-bands-how-to-use-in-crypto-trading\" rel=\"https:\/\/cointelegraph.com\/news\/bollinger-bands-how-to-use-in-crypto-trading\" target=\"https:\/\/cointelegraph.com\/news\/bollinger-bands-how-to-use-in-crypto-trading\" title=\"https:\/\/cointelegraph.com\/news\/bollinger-bands-how-to-use-in-crypto-trading\">Bollinger Bands<\/a>, a volatility indicator, had fully expanded, as shown in the chart below. <\/p>\n<p data-ct-non-breakable=\"undefined\">These bands widen when market swings increase and contract when price movement slows.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2025-10\/0199d2cd-8b71-7dcf-b8c7-be6281cc8289\"><figcaption><em>BTC\/USD monthly price chart. Source: TradingView\/The Great Mattsby<\/em><\/figcaption><\/figure>\n<p>In previous bull cycles, including 2013, 2018, and 2021, Bitcoin peaked precisely when those monthly bands stretched far apart, signaling overheated volatility.<\/p>\n<p>Currently, however, these bands are still narrowing, or \u201csqueezing,\u201d which may precede further price rallies if history is any indication.<\/p>\n<p>The Great Mattsby said:<\/p>\n<blockquote data-ct-non-breakable=\"undefined\"><p>Using history as our guide bear markets dont start when the monthly Bollinger Bands are still squeezing. They start at the end of their expansion<\/p><\/blockquote>\n<p type>This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\" label=\"Subscription Form: Markets Outlook\"><\/template><\/div>","protected":false},"excerpt":{"rendered":"<p>Key takeaways: Bitcoin\u2019s broader uptrend and on-chain data suggest the market remains in an expansion phase. Strong dip-buying by \u201csharks,\u201d [&hellip;]<\/p>","protected":false},"author":5,"featured_media":51333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220],"tags":[],"class_list":["post-51332","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tien-dien-tu"],"acf":[],"_links":{"self":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51332","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/comments?post=51332"}],"version-history":[{"count":0,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/posts\/51332\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media\/51333"}],"wp:attachment":[{"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/media?parent=51332"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/categories?post=51332"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hbbgroup.net\/zh\/wp-json\/wp\/v2\/tags?post=51332"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}