---
title: "Bitcoin Price Drops to $101K, Where’s the Bottom?"
url: https://diffcoin.com/bitcoin-price-drops-to-101k-wheres-the-bottom/
description: "Bitcoin's price continues dropping while altcoins are having it even worse."
published: 2025-06-22
updated: 2025-06-22
author: "Mila"
site: "Diffcoin"
---

# Bitcoin Price Drops to $101K, Where’s the Bottom?

The cryptocurrency markets continue bleeding out, with Bitcoin dropping to as low as $101,000 earlier today.

At the time of this writing, BTC recovered slightly and trades above $102,000 but analysts are scraping for answers and looking for the local bottom.

![BTCUSD_2025-06-22_06-41-39](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAzMjUwIDE1ODgiIHdpZHRoPSIzMjUwIiBoZWlnaHQ9IjE1ODgiIGRhdGEtdT0iaHR0cHMlM0ElMkYlMkZjcnlwdG9wb3RhdG8uY29tJTJGd3AtY29udGVudCUyRnVwbG9hZHMlMkYyMDI1JTJGMDYlMkZCVENVU0RfMjAyNS0wNi0yMl8wNi00MS0zOS5wbmciIGRhdGEtdz0iMzI1MCIgZGF0YS1oPSIxNTg4IiBkYXRhLWJpcD0iIj48L3N2Zz4=)

Source: TradingView

As seen from the 1-hour chart, at least on that time frame, the cryptocurrency has been in a clear downtrend for the past five days, marking lower highs and lower lows consistently.

Data from Coinglass also reveals elevated levels of liquidated positions across the leverage market. Almost $700 million were wiped off, which is a 35% increase compared to the day before. Naturally, the overwhelming majority of that were longs, accounting for around $600 million of the total.

![Screenshot 2025-06-22 at 6.44.27](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxNjc0IDEwOTAiIHdpZHRoPSIxNjc0IiBoZWlnaHQ9IjEwOTAiIGRhdGEtdT0iaHR0cHMlM0ElMkYlMkZjcnlwdG9wb3RhdG8uY29tJTJGd3AtY29udGVudCUyRnVwbG9hZHMlMkYyMDI1JTJGMDYlMkZTY3JlZW5zaG90LTIwMjUtMDYtMjItYXQtNi40NC4yNy5wbmciIGRhdGEtdz0iMTY3NCIgZGF0YS1oPSIxMDkwIiBkYXRhLWJpcD0iIj48L3N2Zz4=)

Source: Coinglass

The heatmap below also paints a depressing picture. As you can see, with the exception of LEO, every single altcoin from the top 50 (by market capitalization) is charting significant losses over the past 24 hours.

![Screenshot 2025-06-22 at 6.45.16](data:image/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAzMzMyIDE1MzgiIHdpZHRoPSIzMzMyIiBoZWlnaHQ9IjE1MzgiIGRhdGEtdT0iaHR0cHMlM0ElMkYlMkZjcnlwdG9wb3RhdG8uY29tJTJGd3AtY29udGVudCUyRnVwbG9hZHMlMkYyMDI1JTJGMDYlMkZTY3JlZW5zaG90LTIwMjUtMDYtMjItYXQtNi40NS4xNi5wbmciIGRhdGEtdz0iMzMzMiIgZGF0YS1oPSIxNTM4IiBkYXRhLWJpcD0iIj48L3N2Zz4=)

Source: Quantify Crypto

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