BTC Under Pressure ⚡ – Could This Dip Spark a Wider Crypto S
koinmilyoner
Updated at: 2 hours ago
{"content":"BTC Under Pressure ⚡ – Could This Dip Spark a Wider Crypto Selloff?
BTC extended losses after falling below $115,000. BTC is falling and may touch $110,500.
Bitcoin fell below $115,000 again.
The price is below $114,500 and the 100-hour SMA.
The hourly BTC/USD chart shows a negative trend line with resistance at $114,000.
If it breaks $115,000, the pair may rise again.
Further Bitcoin Price Drop
Bitcoin price fell from $116,500. BTC fell below $115,500 and $115,000 support levels into a short-term bearish zone.
The drop accelerated below $114,000. After falling below the 23.6% Fib retracement level of the latest collapse from the $117,920 swing high to the $112,050 low, the price is consolidating losses.
Bitcoin has fallen below $113,500 and the 100-hour SMA. The hourly BTC/USD chart shows a negative trend line with resistance at $114,000.
Near $113,450 is immediate upward barrier. First major barrier is between $114,000 and the trend line. Next barrier may be $115,000, the 50% Fib retracement of the current slide from the $117,920 swing high to the $112,050 low.
A closing over $115,000 barrier might boost prices. The price may increase to $116,500 resistance. More advances might push the price beyond $116,800. Bulls may face $117,250 next.
More BTC losses?
Bitcoin may fall again if it fails to break $114,000 barrier. Immediate support is at $112,000. Near $111,250 is the first big support.
Around $110,500 is the next support. More losses might push the price toward $108,800. Bearish momentum may occur below $107,500, the primary support.
The technical indications
Hourly MACD - The negative zone is strengthening.
Relative Strength Index hourly BTC/USD RSI is below 50.
Major Support Levels: $112,000, $111,250.
Major Resistance Levels: $114,000, $115,000.
#BTC #FedRateCut25bps #MarketPullback $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/23/cdac400d0d194a608276560062bf5545.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}