Bitcoin Falls Below $114,000 as $108,600 Support Is Tested; Drop Toward $100,000 Remains Possible
The post Bitcoin Falls Below $114,000 as $108,600 Support Is Tested; Drop Toward $100,000 Remains Possible appeared on BitcoinEthereumNews.com.
Bitcoin price slipped below $114,000 on August 21, 2025, pressured by ETF outflows and profit-taking. Critical support is identified at $108,600; a decisive break could target $100,000. Traders are viewing current levels as possible accumulation opportunities despite downside risks. Bitcoin fell under $114,000 on August 21, 2025, signaling renewed support tests. Analysts highlight $108,600 as the critical support level to watch for maintaining bull momentum. ETF outflows and Glassnode on-chain data indicate weaker demand at high prices and possible pressure toward $100,000 if support fails. Bitcoin price drops below $114,000; critical support at $108,600 may dictate next move — read analysis and next steps from COINOTAG. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); What caused Bitcoin to slip below $114,000? Bitcoin price dipped below $114,000 on August 21, 2025, primarily due to ETF outflows and short-term profit-taking. On-chain metrics from Glassnode and market analysis show weaker demand at high price levels, driving sellers to realize gains and test nearby support around $108,600. How critical is the $108,600 support level? Analysts identify $108,600 as a key short-term support that maintains the bull market structure. If $108,600 holds, buyers could re-accumulate and stabilize price. A sustained break below this level could increase the probability of a move toward $100,000 or lower, based on historical realized-price zones and short-term holder behavior. When could Bitcoin test $100,000? If selling pressure persists and…
Filed under: News - @ August 21, 2025 8:26 am