Bitcoin (BTC/USD) fell sharply below $111,000 this week, extending losses as global risk sentiment 0 of the selling bias was triggered as BTC got rejected near $124,500, where a bearish engulfing candle on the daily chart confirmed heavy profit-taking and a potential short-term trend 1 move coincided with broader macro jitters, driving the Crypto Fear and Greed Index down to 35 (Fear), its lowest in over a 2 drop mirrors the risk reset across global markets, with the total crypto market cap slipping to $3.7 trillion and 24-hour trading volumes nearing $497 3 Enters Risk-Off Territory The latest downturn underscores how Bitcoin remains closely tied to broader market 4 with 5 climbed again this week as risk assets sold off amid renewed trade and inflation concerns.
Bitcoin: $110,705, down 8.59% in 24h Ethereum: $3,764, down 12.94% BNB: $1,092, down 13.6% Solana: $183, down 16.3% XRP: $2.41, down 14.0% The Altcoin Season Index dipped to 37, confirming a renewed shift toward Bitcoin 6 the same time, the CoinMarketCap 20 Index, tracking major tokens, slid 10.5% to 235.1, highlighting broad selling pressure across the 7 Crypto Fear and Greed Index –) last week to fear (35) now, the steepest weekly decline since 8 Bearish Butterfly Pattern Played –) indicates that BTC is entering oversold territory, while the MACD has crossed bearishly into negative 9 $108,000–$110,000 zone remains a crucial support area that has repeatedly attracted long-term buyers since 10 formations over the last three sessions, marked by long lower wicks, indicate dip buyers defending this level.
A Doji or spinning top near this region could mark the early stages of a reversal, particularly if confirmed by a rebound above $117,000, which aligns with the 50-day moving average and prior resistance 11 this recovery holds, Bitcoin may attempt another retest of $124,000, followed by a medium-term target near $126,000–$130,000. Alternatively, failure to stay over $108,000 could expose downside targets near $103,000 and $98,200, where historical demand zones reside. #Bitcoin – As noted in our previous forecast, BTC completed the bearish butterfly’s first target before tumbling 9% to $110K. Price now tests key support at $108K–$110K. A rebound above $117K could trigger recovery toward $124K–$126K, while failure risks deeper pullback to $103K.
pic. twitter. com/4D4spTnEqX — Arslan Ali (@forex_arslan) October 11, 2025 Market Sentiment and Trading Setup Despite the selloff, technical analysis signals it as a healthy reset rather than the start of a new bearish 12 the Crypto Fear and Greed Index at 35, market sentiment now mirrors early accumulation phases seen in prior 13 that said, a potential buy-the-dip setup emerges near $108,000, with stop-losses below $107,500 and upside targets at $124,000–$126,000. This aligns with both Fibonacci retracement and moving average confluence, offering a favorable risk-reward ratio for swing 14 momentum improves, Bitcoin could resume its uptrend toward $130,000 in Q4, especially as institutional flows, ETF demand, and blockchain adoption continue to offset macro 15 Bitcoin Hyper ($HYPER) Combines BTC Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM).
Its goal is to expand the BTC ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin 16 combining BTC’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp 17 team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its 18 is building 19 presale has already crossed $23 million, leaving only a limited allocation still 20 today’s stage, HYPER tokens are priced at just $0.013095—but that figure will increase as the presale 21 can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank 22 Here to Participate in the Presale
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