Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K

Bitcoin’s Tight Range Sparks Volatility Fears Among Analysts

Bitcoin’s recent price action has painted a picture of caution, with the cryptocurrency oscillating between $115,000 and $120,000 for over a week. This tight range signals a phase of price compression, a scenario that often precedes significant volatility. The inability of bulls to push beyond the $120,000 resistance level has analysts on edge, with many warning of a potential correction in the… Source

Bitcoin Stuck in Tight Range at $117.8K as Bulls Defend Support, Momentum Cools Near Resistance

BTC is currently holding just above the $117,583 support level despite a 0.5% weekly decline. Repeated price rejections at $119,197 continue to limit upward momentum and maintain the consolidation pattern. The narrow 24-hour price range shows market indecision, with BTC trading close to the midpoint at $117,844. Bitcoin is currently being held at $117,583, a level that has provided near-term support via recent price action. Furthermore, the asse…

Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K

The post Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K appeared on BitcoinEthereumNews.com. Bitcoin’s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin’s price consolidation continues just below its all-time high of $123K, hover…

Bitcoin Price in Danger Zone! What Happens If Whales Sell?

The post Bitcoin Price in Danger Zone! What Happens If Whales Sell? appeared first on Coinpedia Fintech News The Bitcoin price USD has nearly doubled since U.S. President Donald Trump returned to office, reaching an all-time high of $123,231. However, the recent shift into consolidation has triggered investor concerns, and experts are in a tug of war between bullish and bearish views, creating an uncertain atmosphere for its price action. The al…

Is A Bitcoin Price Short Squeeze Incoming?

Key Insights: Bitcoin price is seeing aggressive shorts increasing while aggressive longs exit. Profit-taking has increased since the end of July, reaching a peak of approximately $3.3 billion. About 200,032 crypto traders were liquidated, with total losses amounting to $586.21 million, in the past 24 hours. Bitcoin (BTC) price is continuously increasing in terms of the long-term trend of the asset. Since the August 5th, 2024, market crash, the…

Bitcoin Needs Clear Breakout to Sustain Rally, Long-Term Model Shows

The company’s founder, João Wedson, says BTC has yet to break through a crucial resistance level defined by the Long-Term Power Law — a custom log-log model tracking macro price movements over time. According to the model, Bitcoin needs to rise above $122,000 to confirm a sustainable bull cycle. While price action has been strong, Alphactal warns that the current rally remains technically incomplete without a breakout above this threshold. .dar…