Bitcoin Buyers Step Back After Failed Push Beyond $115,000: Data

Bitcoin traded listlessly as September wraps up, caught inside a tight price band and showing signs of weakening ￰0￱ Reading: When Will XRP Reach $25? Bitcoin Investor Shares A Bold Prediction Based on reports using CryptoQuant data and commentary by Axel Adler, demand cooled after the market failed to hold above $115,000, leaving traders watching a narrow corridor for the next ￰1￱ mood is neither euphoric nor panicked — it is ￰2￱ Pressure At Descending Highs Over the past week Bitcoin swung between a local high near $115,550 and a low around $108,400. For the last sessions it settled into an even tighter $108,750–109,740 ￰3￱ stepped in at lower highs, keeping the price from climbing back to the prior ￰4￱ to Adler, those descending highs are a warning sign because they show buyers are losing early ￰5￱ resistance sits around $111,000–112,000, based on on-chain flows and exchange ￰6￱ past that and bulls could try to retake $114,000–115,400.

Fail to defend $108,750 and the path down may quicken toward $106,000–105,000. Momentum Has Turned Cautious CryptoQuant’s 30-day momentum index finished the week near -2%, down from +1% at the start, a swing of three percentage ￰7￱ readings this period ranged from -6% to +1%, and only two of seven sessions closed above ￰8￱ figures underline how the loss of the $114,000–115,000 support coincided with falling buying ￰9￱ often look for sustained positive momentum to confirm a ￰10￱ to Adler, a clear recovery would need a return above $112K and several days of positive momentum to shift the tone back toward an ￰11￱ Structure And What It Means The current pattern is a classic consolidation after a failed ￰12￱ tried and failed to keep prices north of $115,000, and that shortfall left the market in a neutral-to-bearish ￰13￱ have disclosed that the week’s range and the momentum slide make an immediate strong advance unlikely without fresh ￰14￱ the same time, there is no sign of a full-scale ￰15￱ remains present near established ￰16￱ Reading: Eric Trump Steps Into Market Talk, Says ‘Buy The Dips’ Key Levels To Watch A decisive push above the $111,000–112,000 resistance band could prompt a test of $114,000–115,400.

The $108,600 base remains a key level. A break below it without a swift rebound could open the way toward stronger support between $106,000 and $105,000. Shifts in on-chain demand and exchange flows are expected to provide clearer signals, as price action alone may appear steady while underlying activity ￰17￱ image from Gemini, chart from TradingView