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

Important points

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

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

• After a second match with record highs, the gold price fell.

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

Bitcoin jumps on rematch of CME gap

The Data of 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.

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 is a trader wrote Post X on this topic.

Post referencing funding rates at derivatives markets, traders are displaying a risk off mentality, and expect further losses.

Both Luca as well as others noted a large potential price “magnet” In the form of requests at $116,000 and higher.

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%

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” Reversal of the trend after daily losses exceeding 5.5%

$GOLD. Will the EQH become a Double Top or not? If this is the case, then the goal would be about 4K. pic.twitter.com/qlh7qm2x21

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

James Stanley, senior strategist for Forex.comThe structure would have to hold if the retest was $4,000, according to.

“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, a trader from the UK, suggested that Bitcoins and other altcoins would benefit if gold’s bull market cooled down.

“Riskier asset classes hold more weight during uncertain times and GOLD is the top of this chain,” He wrote on XThe gold price is a major factor in the underperformance of crypto.

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

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.