{"id":77512,"date":"2025-07-01T19:00:25","date_gmt":"2025-07-01T19:00:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=77512"},"modified":"2025-07-01T19:00:25","modified_gmt":"2025-07-01T19:00:25","slug":"bitcoin-price-risks-market-crash-after-closing-below-final-weekly-resistance","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=77512","title":{"rendered":"Bitcoin Price Risks Market Crash After Closing Below Final Weekly Resistance"},"content":{"rendered":"

Crypto analyst Rekt Capital<\/a> has warned about a potential crash for the Bitcoin price, after the flagship crypto closed below a critical resistance level. The analyst also highlighted the level that BTC needs to reclaim to invalidate this bearish setup.\u00a0<\/p>\n

Bitcoin Price Risks Crash With Weekly Close Below Resistance<\/h2>\n

In an X post<\/a>, Rekt Capital revealed that the Bitcoin price has closed below the final major weekly resistance at around $108,890. Based on this, he remarked that a possible early-stage Lower High resistance<\/a> may be developing at around $107,720, with BTC at risk of crashing. The analyst added that Bitcoin will need to reclaim $108,890 as support on the daily to invalidate this Lower High.\u00a0<\/p>\n

In an earlier X post<\/a>, Rekt Capital highlighted how significant it would have been if the Bitcoin price had closed above this final major weekly resistance. He noted that BTC had never performed such a weekly close. As such, if that had happened last week, he claimed it would not only be \u201chistoric\u201d but would enable BTC to enjoy a new uptrend into new all-time highs (ATHs)<\/a>.<\/p>\n

However, the Bitcoin price now appears to be on a downtrend, having failed to hold above the $107,720 level successfully. BTC had reached an intraday high of $107,970 but has since then been on a decline and is now at risk of losing the $106,800 macro level. Crypto analyst Kevin Capital has warned<\/a> that BTC being below this level puts it in the danger zone.\u00a0<\/p>\n

Meanwhile, based on historical bull market cycles<\/a>, Rekt Capital has suggested that the Bitcoin price still has some more upside left. In an X post<\/a>, he stated that history suggests that Bitcoin may end its bull market in two to three months.\u00a0\u00a0<\/p>\n

BTC Still Fuel In The Tank<\/h2>\n

Despite the recent Bitcoin price drop, crypto analyst Titan of Crypto declared<\/a> that the flagship crypto still has fuel in the tank. He claimed that the weekly market structure remains strong with a series of higher highs and higher lows. The analyst added that the Relative Strength Index (RSI)<\/a> is pushing towards its trendline.\u00a0<\/p>\n

His accompanying chart showed that the Bitcoin price could still rally to as high as $140,000 between September and November later this year based on these higher highs and lows. Crypto analyst Stockmoney Lizards also recently predicted<\/a> that BTC could reach as high as $145,000 by September. He alluded to dojis that had formed for the flagship crypto in its current corrective channel and declared they were bullish for Bitcoin.\u00a0<\/p>\n

At the time of writing, the Bitcoin price is trading at around $106,800, down in the last 24 hours, according to data<\/a> from CoinMarketCap.<\/p>","protected":false},"excerpt":{"rendered":"

Crypto analyst Rekt Capital has warned about a potential crash for the Bitcoin price, after the flagship crypto closed below a critical resistance level. The analyst also highlighted the level that BTC needs to reclaim to invalidate this bearish setup.\u00a0 Bitcoin Price Risks Crash With Weekly Close Below Resistance In an X post, Rekt Capital […]<\/p>\n","protected":false},"author":0,"featured_media":77513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77512"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=77512"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/77512\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/77513"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=77512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=77512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=77512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}