Bitcoin Braces for Storm: Could Drop Below $80K as Whales Dump and Geopolitics Heat Up
Bitcoin''s bull run faces its first real stress test—and the charts aren''t lying. With large holders cashing out and macro tensions flaring, that $80K support line looks thinner than a trader''s patience during a 20% correction.
Whales vs. the World: On-chain data shows addresses holding 1K+ BTC have been quietly offloading stacks since June. Classic ''buy the rumor, sell the news'' behavior—except this time, the ''news'' might be a Middle East escalation or another Fed pivot fakeout.
The $80K Litmus Test: If Bitcoin can''t hold this level, prepare for leveraged long carnage. But here''s the kicker: every 15% dip since 2023 has been bought faster than a meme coin listing on Binance. The real question? Whether Wall Street''s ''digital gold'' narrative survives contact with actual volatility.
Meanwhile, gold bugs and crypto skeptics are already rehearsing their ''I told you so'' speeches—as if their 2% yield portfolios weren''t bleeding out in slow motion since 2020.
Impact on Bitcoin
As it happened during the trade war, BTC’s price reacted immediately yesterday to Israel’s attack. In a matter of hours, it plunged from a daily peak of $108,500 to under $103,000. It has recovered some ground and now trades around $105,000, and it hasn’t been significantly influenced by Iran’s response. However, uncertainty persists, and the situation could escalate, potentially leading to further trouble.
As such, popular crypto analyst Ali Martinez warned that Bitcoin needs to stay within a six-digit price territory; otherwise, it risks plummeting back to under $80,000.
#Bitcoin $BTC needs to hold above $100,000 to stay on track for a breakout from this channel. Losing $100,000 increases the odds of a downswing to the channel’s lower boundary at $78,500. pic.twitter.com/cDjURKGlHP
— Ali (@ali_charts) June 13, 2025
Large Holders Start to Sell
One of the initial warning signs that have appeared is the attitude change by whales. As reported earlier this week, some of the long-term BTC investors had started to dispose of small portions of their holdings, but that was even before the attacks occurred.
Martinez noted after the first strike that some of the largest BTC whales—those with more than 1,000 bitcoins—have begun “trimming” their positions. If these sell-offs continue or intensify, they will not only increase the selling pressure on BTC but can also be mimicked by smaller investors.
Some of the largest #Bitcoin $BTC whales holding over 1,000 BTC have started trimming their positions. pic.twitter.com/kxYlND5Ohi
— Ali (@ali_charts) June 13, 2025
