Bitcoin attacks $110,000 while Gold drops 5% within a day

The following are key points.

• Bitcoin is volatile until the Wall Street opening with $110,000 coming back.

• 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.

BitcoinBTCDuring the Wall Street opening on Tuesday gold prices fell dramatically.

Bitcoin surges following rematch against CME Futures Gap

Data and Cointelegraph Markets Pro The following are some examples of how to get started: 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.

As entities sought to manipulate price behavior, both bids as well as asks came and went.

Data collected from Monitoring Resource CoinGlass The overall liquidity is increasing around the current spot price.

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

This post referred to funding rates on derivatives exchanges. It indicated a mentality of risk avoidance among traders and an expectation that further declines would be forthcoming.

Luca, as well. noted a large potential price “magnet” Asks for $116,000 or more.

Rekt capital, a trader and analyst, has identified the 21-week moving average exponential (EMA) level as the main resistance for bulls.

“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%

The day was characterized by volatility across all markets, not just crypto.

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

In recent days gold had reached all-time records. Now it is at risk. “double top” Reversal of the trend after daily losses exceeding 5.5%

$GOLD. Will the EQH transform into a Double Top? If this is the case, then 4K would be the goal. pic.twitter.com/qlh7qm2x21

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

James Stanley, senior strategist for Forex.comOne of those who predicted a $4,000 test if the system worked was.

“If neckline breaks and price clears to projected move, that’s a 4k test,” He told X Followers in Part of His Latest X Analysis, Which Included Fibonacci Retracement Levels

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. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.