Bitcoins Attack $110,000, Gold Falls 5% in One Day

Important points

• Bitcoin remains volatile as Wall Street opens with $110,000 reappearing.

• As the moving average of 21 weeks becomes more important, liquidity conditions around prices become thicker.

• The gold price has fallen from its all-time highest.

BitcoinBTCGold fell sharply on Tuesday, and buyers and sellers battled for control.

Bitcoin surges following rematch against CME Futures Gap

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView BTC volatility is on the rise.

After dropping toward the weekend gap in CME Group’s Bitcoin futures market — but not filling it — BTC/USD reversed upward, passing the $110,000 mark.

Both bids and offers were made as the entities tried to affect price performance.

Monitoring resource data CoinGlass Overall liquidity has increased around the price of spot.

“Been a while since liquidations have looked like this with funding rates around negative territories,” Luca, a trader wrote Topic in a X-post.

Post referred to the funding rates of derivatives markets, which indicated that traders were avoiding risk and expecting further losses.

Both Luca, and other noted a large potential price “magnet” Asks for $116,000 or more.

Rekt, a trading and analysis firm, identified the exponential moving average of 21 weeks as the major resistance level that bulls must overcome.

“Bitcoin is finding resistance at the 21-week EMA (green) for the moment which is pressing price back into the historical demand area (orange),” He wrote alongside a chart.

“Bitcoin needs to continue holding orange as support to not just retain a potential early-stage Higher Low but position itself for a reclaim of the 21-week EMA later.”

Gold “double top” The daily drop reaches 5%

On the day, volatility was not limited to only crypto markets.

Related: Ethereum fails again above $4K as traders grow frustrated with shakeouts

The price of gold, which reached new highs just a few days ago, is now at risk. “double top” After daily losses of more than 5,5%, the bearish trend reverses.

$GOLD. Will the EQH transform into a Double Top? The target would be around $4,000. pic.twitter.com/qlh7qm2x21

— HTL-NL 🇳🇱 (@htltimor) October 21, 2025

James Stanley is a senior strategy at Forex.comThe structure would have to hold a second test of $4000.

“If neckline breaks and price clears to projected move, that’s a 4k test,” He told X-followers as part of his most recent X analysis which included Fibonacci retracement level.

Crypto Tony said that Bitcoin, altcoins and the historic gold bull could benefit in the end from a slowdown of this historical bull.

“Riskier asset classes hold more weight during uncertain times and GOLD is the top of this chain,” He wrote on XGold is the main reason why cryptos are underperforming.

“Once this does pullback, expect a Crypto boom.”

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making any kind of decision.