🧨 Calm Before the Bull? BTC Stabilizes at Critical Levels
koinmilyoner
Updated at: 6 hours ago
{"content":"🧨 Calm Before the Bull? BTC Stabilizes at Critical Levels
Bitcoin remains negative below $112,000. BTC may struggle at $110,500 as it recovers.
Bitcoin fell below $112,000 again.
The price is below $110,500 and the 100-hour SMA.
BTC/USD broke over a short-term contracting triangle with resistance at $108,800 on the hourly chart.
If it remains below $110,500, it may fall again.
Bitcoin Price Consolidates
Bitcoin tried a new comeback from $107,350. BTC broke $108,200 and $108,400 barrier.
Price broke the 23.6% Fib retracement line of the $113,457 swing high to $107,352 low dip. Additionally, the hourly BTC/USD chart broke above a short-term contracting triangle with resistance at $108,800.
Bears remain active at $109,500. The price is settling about $109,500. Bitcoin has fallen below $110,000 and the 100-hour SMA.
Near $109,500 is immediate upward resistance. First major resistance is at $110,200. Next barrier might be $110,500 or the 50% Fib retracement of the crucial slide from $113,457 swing high to $107,352 low.
A close above $110,500 barrier might boost prices. Should the price climb, it might challenge $111,650 barrier. More increases might push the price beyond $112,500. The goal may be $113,500.
Another BTC Drop?
Bitcoin may fall again if it fails to break $110,500. Support at $108,800 is immediate. Near $108,200 is the first big support.
Around $107,350 is the next support. More losses might push the price toward $106,500. BTC may fall quickly below $105,500, the primary support.
The technical indications
Hourly MACD - MACD is falling in the negative zone.
Relative Strength Index hourly BTC/USD RSI is over 50.
Major Support Levels: $108,800, $108,000.
Major Resistance: $109,500, $110,500.
#SaylorBTCPurchase #NewHighOfProfitableBTCWallets #TrumpFamilyCrypto #BTC $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/02/cbcd4d0cc6aa40169272f4aef14851ed.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}