How Low Could Bitcoin Go Before the Next Bounce?

Bitcoin’s price has dropped 10% from its all-time highs, and crypto traders are trying to figure out just how far BTC could fall before bottoming out.

BTC Bull Run Hits the Brakes

Some traders argue the rally has run its course. Popular trader Roman points to the shrinking gains of each cycle—10,000%, then 2,000%, now just 600%. That tapering momentum, he says, signals a possible top. Roman sees $105,000 as a key level and expects some sideways chop before the next big move.

Bitcoin Liquidations Signal Sub-$100K Risk

According to CoinGlass, the liquidation heatmap shows dangerous clusters lurking just below $103K and $99K. That means leveraged long traders risk getting wiped out if BTC dips further, which could force cascading sell-offs and briefly drag Bitcoin under six figures again.

BTC Support Levels Cluster around $95K–$94K

On-chain firm Glassnode highlights the 111-day and 200-day SMAs at $92,100 and $94,700, along with a short-term holder cost basis of $95,900. Together, these create a high-confluence support zone that Bitcoin must defend to keep its bullish structure intact.

Whale wallets are slowing their accumulation, and ETF buyers are hitting the brakes. After 10 straight days of inflows, spot Bitcoin ETFs saw $358.65 million in net outflows on May 29 alone. Meanwhile, daily trading volume jumped 20% to $60 billion—suggesting heavier sell-side pressure.

BTC Traders Face over $210M in Liquidations

The recent correction triggered $211 million in long position liquidations in just 24 hours. When bulls get liquidated at this scale, prices usually slide lower. This mirrors similar wipeouts seen earlier this year when BTC dropped 8.5% in two days.

The daily RSI has slumped from 76 to 54 even as BTC posted higher lows. That divergence is a red flag for trend exhaustion. Analyst Willy Woo says Bitcoin must rally soon to avoid deeper downside.

At the time of writing, Bitcoin is sitting at $105,604.98.