Is Bitcoin Headed for a Crash Below $100K? ‘Grand Daddy’ Volume Indicator Hits Lowest Since April

Why It Matters

If sustained, the weakness could reverse recent gains, trigger broader crypto market losses and force risk managers and exchanges to reassess liquidity and margin exposures.

Summary

A widely watched Bitcoin volume indicator — dubbed the “grand daddy” of volume gauges — has fallen to its weakest level since April, suggesting dwindling trading conviction and raising the risk of a corrective sell-off that could push Bitcoin below $100,000. The drop in volume points to thinner buyer support and increases vulnerability to downside moves, particularly given high leverage and concentration among speculative traders. If sustained, the weakness could reverse recent gains, trigger broader crypto market losses and force risk managers and exchanges to reassess liquidity and margin exposures.