As bitcoin slides, watch this signal to see how low it could go

By Frances Yue

A confirmed break below $108,300 could signal further downside ahead for bitcoin, according to one technical strategist

Bitcoin resumed its decline on Tuesday as concerns around trade tensions between the U.S. and China returned to rattle traders following a brief reprieve on Monday.

The largest cryptocurrency (BTCUSD) was trading down 3% at around $112,399 Tuesday afternoon, after falling to as low as $109,986 earlier in the session, according to Dow Jones Market Data. At that time, bitcoin was about 11% from its record high of $126,272, reached on Oct. 6. The crypto was still up 20.3% this year.

Last Friday, more than $19 billion worth of positions were liquidated in crypto, the largest single-day liquidation in the history of the space, according to data from digital-asset data-analysis platform CoinGlass. The selloff led to a brief test of bitcoin's primary support level near $108,300.

What investors need to watch out for now is whether the crypto could break below that level for two consecutive days, which would point to a bearish development, according to Katie Stockton, founder and managing partner at Fairlead Strategies.

In that case, the secondary support level for bitcoin would be $94,200, Stockton said on Monday.

The recent pullback for bitcoin happened within the context of a bullish long-term trend, Stockton noted. "We will be on the lookout for a technical catalyst to signal another buying opportunity," she said in her written commentary.

-Frances Yue

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10-14-25 1346ET