{"id":18311,"date":"2025-10-06T14:35:16","date_gmt":"2025-10-06T13:35:16","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=18311"},"modified":"2025-10-06T14:35:17","modified_gmt":"2025-10-06T13:35:17","slug":"understanding-the-bitcoin-price-drop-following-a-record-high","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/understanding-the-bitcoin-price-drop-following-a-record-high\/","title":{"rendered":"Understanding the Bitcoin Price Drop Following a Record High"},"content":{"rendered":"\n

Bitcoin Reaches New Market Value Record<\/h2>\n\n\n\n

In the early hours of Sunday morning, the Bitcoin<\/a><\/strong> price reached $125,700<\/strong>, surpassing its previous peak of $124,500<\/strong> recorded on August 14. This progress also translated into a record market capitalization of over $2.5 trillion<\/strong>, making Bitcoin one of the most valuable assets in the world.<\/p>\n\n\n\n

However, this euphoria didn’t last long. After peaking at over $125,000, the Bitcoin price quickly dropped, stabilizing around $122,300<\/strong>, a decrease of about 2.5%<\/strong> from its new record. This fall corresponds notably to the CME gap created at this level during the weekend.<\/p>\n\n\n\n

This fluctuation also impacted other cryptocurrencies such as Ethereum<\/a> (ETH), Ripple<\/a> (XRP), Solana<\/a> (SOL), and Dogecoin<\/a> (DOGE)<\/strong>, which underwent price adjustments, albeit to a lesser extent.<\/p>\n\n\n\n

A Pivotal Level to Watch<\/h2>\n\n\n\n

Currently, Bitcoin<\/a> is trading around $123,700<\/strong>, a crucial level to monitor in order to anticipate the market’s next movements. Indeed, a drop below the $122,300 threshold could trigger a new fall toward $120,000<\/strong>.<\/p>\n\n\n\n

\"BTC<\/figure>\n\n\n\n

Bitcoin’s short-term difficulty is mainly due to selling pressure from whales on Binance. The orderbook heatmap shows that Bitcoin had to absorb a sale of 1600 BTC<\/strong> last night at $123,450<\/strong>. Bitcoin maintaining above this level is a good sign, indicating that a new ATH is possible within the next 24 hours.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Moreover, the Volume Profile Order Blocks confirm this liquidity zone is difficult for BTC to break through. An ATH is probable, but a consolidation<\/strong> between $120,000 and $130,000<\/strong> during the next two weeks is also a scenario to consider.<\/p>\n\n\n\n

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