3 REASONS BITCOIN PRICE GOT REJECTED AT $11,500 — AND WHAT COMES NEXT

Last updated: June 19, 2025, 23:10 | Written by: Justin Sun

3 Reasons Bitcoin Price Got Rejected At $11,500 — And What Comes Next
3 Reasons Bitcoin Price Got Rejected At $11,500 — And What Comes Next

Bitcoin, the king of cryptocurrencies, is known for its volatile price swings.The period between October 14th and 15th saw another such swing, leaving many investors wondering what went wrong.After a promising climb past the $11,500 mark on Binance, Bitcoin's price swiftly retreated, leaving a trail of questions and uncertainty in its wake. Why Bet at Coin Casino. Bitcoin Sportsbook One of the best bitcoin betting sites, ideal for crypto gamblers.; 25% Cashback Ongoing cashback offers help soften losing streaks.; InstantThis sudden rejection wasn't a random event; rather, it was a confluence of factors that temporarily halted Bitcoin's upward momentum.Understanding these factors is crucial for navigating the turbulent waters of the crypto market and making informed decisions about your investments. Bitcoin, the world s largest cryptocurrency by market capitalization, has dropped to $95,000, marking an 8% decline from its all-time high of $103,679 recorded on Dec. 5, 2025. The downturnThis article delves into the three key reasons behind Bitcoin's price rejection at $11,500, providing insights into the market dynamics and potential future scenarios.We'll analyze the impact of the traditional stock market, the role of short positions on exchanges like BitMEX, and the influence of intraday volatility.By examining these elements, we aim to equip you with the knowledge to better anticipate and react to future market movements.

Understanding the $11,500 Bitcoin Price Rejection

The rapid descent from $11,500 was a stark reminder of the risks inherent in cryptocurrency trading. Bitcoin s (BTC) lack of directional bias can be attributed to the lack of trading volume and interest as the 2025 year approaches its end. Bitcoin price today trades around $93K after crashing 14% from its ATH of $108,421.8, with investors being skeptical about what comes next.Within a mere two hours, Bitcoin's price plummeted by 2.3%, settling at $11,280.To grasp the intricacies of this market behavior, we must examine the influential factors that contributed to the price rejection. Top cryptocurrency prices and charts, listed by market capitalization. Free access to current and historic data for Bitcoin and thousands of altcoins.These aren't isolated incidents but rather interconnected elements that paint a broader picture of the forces at play within the crypto ecosystem.

1.The Tumbling Stock Market's Influence

One of the primary culprits behind Bitcoin's price reversal was the downturn in the U.S. stock market.In recent times, a growing correlation has emerged between Bitcoin and traditional financial markets, particularly the S&P 500.This correlation suggests that investor sentiment and macroeconomic factors influencing the stock market can also impact Bitcoin's price. The price of Bitcoin rejected $11,500 in a swift price drop alongside rising shorts on BitMEX and slumping U.S. stocks. from Cointelegraph.com NewsData from Skew indicates a strengthened correlation between Bitcoin and the S&P 500 in recent weeks, highlighting this interdependence.

When the stock market experiences a downturn, investors often become risk-averse and seek safer havens for their capital.This risk-off sentiment can lead to a sell-off in assets perceived as riskier, including Bitcoin. After some September correction that was predicted by our team in August, we are ready to smash $100,000! Bitcoin has formed a massive 1-5 wave that is marked on the chart. Now the price must rapidly go to the $90,000 area in order to complete the wave 3.In the period under consideration, the shifting trend of the U.S. stock market triggered a sharp decline in Bitcoin's value.Within just 15 minutes, BTC experienced a 1.15% drop, falling from $11,518 to $11,370, illustrating the immediate impact of the stock market's performance.

Example: Imagine a scenario where a major tech company announces disappointing earnings, causing a ripple effect throughout the stock market.Investors, concerned about potential losses, might choose to liquidate their Bitcoin holdings to mitigate risk, further driving down its price.

2. Bitcoin price is experiencing a surge of intraday volatility, rocketing $150 in minutes then collapsing more than $250 just moments later. Here s what is going on in the top-ranked cryptocurrency and what to watch for as price action to develops.The Impact of BitMEX Short Positions

Another significant factor contributing to the price rejection was the increase in short positions on cryptocurrency exchanges, particularly BitMEX.Short selling involves borrowing an asset (in this case, Bitcoin) and immediately selling it with the expectation of buying it back at a lower price in the future, profiting from the price difference. Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next? In a worst case scenario, prices could slide to the $72,000 $74,000 range, one analyst said.A surge in short positions indicates a bearish sentiment among traders, signaling their belief that the price of Bitcoin will decline.

When a large number of traders initiate short positions, it can create downward pressure on the price of Bitcoin. El rechazo repetido de la zona de los USD 11,500 la ha convertido en un nivel de resistencia t cnica a corto plazo. Despu s de la lucha de BTC por superar los USD 11,500, los traders han comenzado a considerar la posibilidad de una ca da por debajo de los USD 10,900. El gr fico de Bitcoin de 3 horas con los principales niveles de soporte.As the price drops, these traders can close their positions by buying back the Bitcoin they initially borrowed, further amplifying the selling pressure. One historically accurate crypto-asset analyst thinks Bitcoin could drop as low as $11,500 in a retracement. He noted that around that level lies a confluence of important technical levels, making it a likely level for Bitcoin to bounce if it reaches there.This is particularly true on exchanges like BitMEX, which offer high leverage, allowing traders to take on significant positions with relatively small amounts of capital.This leverage can magnify both profits and losses, exacerbating price volatility.

Why BitMEX? BitMEX has historically been a popular platform for leveraged trading in Bitcoin, making it a significant player in price discovery and volatility.The concentration of short positions on this exchange can have a disproportionate impact on the overall market.

3.Intraday Volatility and Technical Resistance

Bitcoin is notorious for its intraday volatility, characterized by rapid price swings within a single trading day. The price of Bitcoin rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two hours, it fell to $11,280, recording a 2.3% drop. After the fall, anaThis inherent volatility played a role in the rejection at $11,500. 3 reasons why Bitcoin price volatility may spike before the monthly close Three reasons to expect a spike in volatility over the next week are BTC s the price of Bitcoin has rejected atThe market experienced a surge of intraday volatility, with Bitcoin's price rocketing $150 in minutes before collapsing more than $250 shortly after. 3 reasons Bitcoin price got rejected at $11,500 and what comes nextSource: CointelegraphPublished onSuch dramatic price movements can trigger stop-loss orders and margin calls, leading to further selling pressure and exacerbating the downward trend.

Furthermore, the $11,500 level acted as a key technical resistance point. 3 reasons why Bitcoin price violently rejected near $20,000. Open in AppTechnical analysis involves studying price charts and identifying patterns to predict future price movements.Resistance levels are price points where selling pressure is expected to be strong, preventing the price from moving higher.The repeated rejection of the $11,500 zone solidified it as a short-term resistance level. Bitcoin price has surged past the highly anticipated $100K milestone, reaching a new all-time high of $103,850. The rally was driven by key factors, including the appointment of pro-crypto Paul Atkins as the next U.S. SEC Chair following Gary Gensler s upcoming departure on January 20.Traders who were looking to take profits or initiate short positions near this level likely contributed to the selling pressure, preventing Bitcoin from breaking through.

What Comes Next for Bitcoin?

After the rejection at $11,500, the question on everyone's mind is: what's next for Bitcoin? The price of Bitcoin rejected $11,500 in a swift price drop alongside rising shorts on BitMEX and slumping U.S. stocks. The price of Bitcoin (BTC) rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two hours, it fell to $11,280, recording a 2.3% drop. After the fall, analysts are expecting MoreWhile predicting the future with certainty is impossible, analysts offer insights based on technical analysis and market trends.

Potential Near-Term Price Movements

Following the price fall, some analysts predicted a slight decrease in the near future. Bitcoin price strongly rejected near the $20,000 resistance, leading analysts to debate whether a quick recovery is on the cards. 3 reasons why Bitcoin price violently rejected near $20,000 EcosystemOne historically accurate crypto-asset analyst suggested that Bitcoin could potentially retrace to as low as $11,500.Interestingly, this level coincides with a confluence of important technical levels, making it a potential bounce point if Bitcoin reaches that price. The price of Bitcoin rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15.[BREAK] As the trend of the U.S. stock market trend started to shift, Bitcoin recorded a sharp decline.[BREAK] Within 15 minutes, BTC saw a 1.15% drop from $11,518 to $11,370.[BREAK] According to the data from Skew, the correlation between Bitcoin and the S P 500 has increased in recent weeksThis means that if Bitcoin's price drops to around $11,500, there's a higher likelihood of it rebounding from that point, due to increased buying interest.

However, it's crucial to note that this is just one potential scenario.Other analysts suggest a different path, emphasizing the importance of monitoring key support levels. ราคาของ Bitcoin นั้นลดลงอย่างรวดเร็ว หลังจากพุ่งขึ้นแตะระดับ $ 11,500ในช่วงระหว่างวันที่ 14 ตุลาคมถึง 15 ตุลาคมA break below these support levels could signal further downside potential.

Key Levels to Watch

  • Resistance Levels: Keep a close eye on the $11,500 level and any subsequent attempts to break through it.A sustained break above this resistance could signal a renewed bullish trend.
  • Support Levels: Identify key support levels below the current price. Bitcoin price slipped more than 3% today fueling discussions in the market. The dip comes as the market braces for heightened volatility with BTC and ETH options expiry ahead. Top market experts predict a potential BTC correction to $80K or below. The recent dip in Bitcoin price has sparked concernsThese levels represent potential areas where buying pressure could emerge, preventing further price declines. The price of Bitcoin rejected $11,500 in a swift price drop alongside rising shorts on BitMEX and slumping U.S. stocksA break below these support levels could indicate a more significant correction.

Factors Influencing Future Price Action

Beyond technical analysis, several other factors could influence Bitcoin's future price action:

  • Macroeconomic Conditions: Continue to monitor the U.S. stock market and broader economic indicators.A stable or improving economic outlook could provide support for Bitcoin's price.
  • Regulatory Developments: Regulatory clarity surrounding cryptocurrencies could attract institutional investors and boost market confidence.
  • Institutional Adoption: Increased adoption of Bitcoin by institutional investors could significantly impact its price and stability.
  • News and Events: Be aware of significant news events related to Bitcoin, such as exchange-traded fund (ETF) approvals or major technological advancements.

Actionable Advice for Investors

Navigating the volatile world of Bitcoin requires a strategic approach.Here's some actionable advice for investors:

  1. Manage Your Risk: Never invest more than you can afford to lose.Bitcoin is a highly volatile asset, and its price can fluctuate significantly in short periods.
  2. Diversify Your Portfolio: Don't put all your eggs in one basket.Diversify your investment portfolio across different asset classes to reduce risk.
  3. Do Your Research: Before investing in Bitcoin, conduct thorough research and understand the underlying technology and market dynamics.
  4. Use Stop-Loss Orders: Implement stop-loss orders to limit potential losses.A stop-loss order automatically sells your Bitcoin if it reaches a predetermined price level.
  5. Stay Informed: Stay up-to-date on the latest news and developments in the cryptocurrency market.Follow reputable news sources and analysts to gain valuable insights.
  6. Consider Dollar-Cost Averaging: Dollar-cost averaging involves investing a fixed amount of money at regular intervals, regardless of the price of Bitcoin.This strategy can help mitigate the impact of volatility and potentially improve your average purchase price over time.

Common Questions About Bitcoin Price Movements

Why is Bitcoin so volatile?

Bitcoin's volatility stems from several factors, including its relatively small market capitalization compared to traditional assets, regulatory uncertainty, and the influence of speculative trading. Bitcoin (BTC) finally managed to secure a new all-time high, but the digital asset rejected strongly near $20,000. On-chain analysts say a sell-off from whales and miners, combined with the $20,000The market is also susceptible to news events and sentiment, which can trigger rapid price swings.

Is Bitcoin a good investment?

Whether Bitcoin is a good investment depends on individual circumstances and risk tolerance. The price of Bitcoin rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two hours, it fell to $11,280, recording a 2.3% drop.Bitcoin has the potential for significant returns, but it also carries substantial risk. Bitcoin Price Rejected at $ 11,500, and with the increase of short sells on BitMEX and U.S. stocks fall, the price of Bitcoin also fell. The price fell sharply after surpassing $11,500 on Binance. In two hours, the price of Bitcoin fell 2.3 percent to $11,280.It's essential to weigh the potential benefits against the risks and invest responsibly.

How can I protect myself from Bitcoin's volatility?

As mentioned earlier, managing your risk, diversifying your portfolio, using stop-loss orders, and staying informed are crucial steps in protecting yourself from Bitcoin's volatility.

What is the future of Bitcoin?

The future of Bitcoin is uncertain. Triangle False Breakout Rejects Bulls Back Below Resistance At $11,500. Bitcoin s notorious volatility is back after a short-lived phase of tranquility. Explosive price action this week following a bullish breakout of a downtrend line on the heels of Square news sent the cryptocurrency well above $11,000 and kept climbing.Some believe it will become a mainstream store of value and medium of exchange, while others are more skeptical. The price of Bitcoin rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. As the trend of the U.S. stock market trend started to shift, Bitcoin recorded a sharp decline. Within 15 minutes, BTC saw a 1.15% drop from $11,518 to $11,370.The success of Bitcoin will depend on factors such as regulatory clarity, technological advancements, and widespread adoption.

Conclusion: Navigating the Bitcoin Landscape

The rejection of Bitcoin's price at $11,500 serves as a valuable lesson in the complexities of the cryptocurrency market.The combination of a struggling stock market, increased short positions on BitMEX, and intraday volatility created a perfect storm that halted Bitcoin's upward trajectory.By understanding these factors, investors can better anticipate and navigate future market movements. cointelegraph.com: The price of Bitcoin rejected $11,500 in a swift price drop alongside rising shorts on BitMEX and slumping U.S. stocks.Remember to always manage your risk, stay informed, and make informed decisions based on your own research and risk tolerance.While predicting the future of Bitcoin is impossible, understanding the forces that shape its price is essential for success in this dynamic and ever-evolving market.

Key Takeaways:

  • The stock market's performance significantly influences Bitcoin's price.
  • Short positions on exchanges like BitMEX can create downward pressure.
  • Intraday volatility and technical resistance levels play a role in price movements.
  • Risk management, diversification, and staying informed are crucial for successful Bitcoin investing.

Ready to learn more about Bitcoin and other cryptocurrencies? 3 reasons why the Bitcoin price bottom is not in should remain under pressure for the next few years. BTC s price rebounded by nearly 100% from around $6,000 to over $11,500 duringExplore reputable online resources and consider consulting with a financial advisor to develop a personalized investment strategy.

Justin Sun can be reached at [email protected].

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