Bitcoin Price Analysis: Is a Crash to $111K Imminent for BTC?
The post Bitcoin Price Analysis: Is a Crash to $111K Imminent for BTC? appeared on BitcoinEthereumNews.com.
Bitcoin’s muted volatility phase continues, with structural support holding firm. The market’s next decisive move will likely be shaped by reactions at the $114,000 and $111,000 support zones. BTC Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to consolidate within the narrow $116K–$120K range, marked by low volatility and subdued price action. This sideways movement suggests an ongoing equilibrium between buying and selling pressure, possibly due to capital rotation into the altcoin markets. A key concern is the emergence of a bearish divergence between the price and the RSI indicator, indicating a fading of bullish momentum. This divergence increases the likelihood of renewed selling pressure and suggests a possible continuation of the correction phase. If so, a move toward the $111,000 support level becomes probable. Despite this, the broader market structure remains bullish as long as the $111,000 level holds. If this price point acts as a reliable demand zone, an eventual breakout above $120K could resume the larger uptrend. Source: TradingView The 4-Hour Chart On the lower timeframe, BTC is forming a bullish flag pattern, a classic consolidation formation within an uptrend. The price has consistently printed higher highs and higher lows, supported by an ascending trendline acting as dynamic support, currently near the $114K level. As long as this trendline remains intact, the market is likely to continue consolidating inside the flag, which aligns with a healthy correction. However, a breakdown below this ascending support would likely trigger a sharper pullback toward $111K, forming a key liquidity zone. Source: TradingView On-chain Analysis By Shayan The latest futures order flow shows a noticeable surge in small-sized positions, a strong indication that retail traders are actively participating in the current price range. This spike reveals a high level of retail engagement, especially within the $116K–$120K consolidation zone. Interestingly,…
Filed under: News - @ July 26, 2025 5:30 pm