Bitcoin Drops Below $110K – What is the Next Support?

Bitcoin has broken below the key $110,000 support zone after weeks of bearish divergence and technical deterioration, raising questions about whether it can stabilize above $105,000 or face deeper corrections toward the psychological $100,000 ￰0￱ decline follows mounting bearish pressure from multiple technical indicators, including a double-top pattern with a neckline around $112,000 and the 50-day EMA at $114,000, which is now acting as strong ￰1￱ indicators, including the MACD, have turned negative with bearish crossovers across multiple timeframes, while RSI readings around 59 suggest further downside potential toward the key 50 ￰2￱ fact, the 30-day moving average of the Taker Buy/Sell Ratio has reached its lowest point since May 2018, indicating that the Bitcoin market may face some selling pressure and corrections in the short term.) August 25, 2025 The failure of Strategy shares to achieve new highs since November 2024 despite continued BTC accumulation confirms underlying weakness in the “infinite money glitch” ￰3￱ to the data from this month, CryptoQuant has indicated that the Bull Score Index is now at 40 and has transitioned to the “ Getting Bearish ” phase.) August 22, 2025 Institutional accumulation persists despite retail liquidations, with companies such as Strategy and Metaplanet continuing their Bitcoin acquisition ￰4￱ creates a divergence between leveraged retail positions being squeezed out and strategic institutional buying during ￰5￱ analysts ‘ longer-term projections maintain bullish targets, with Fibonacci extensions pointing toward $155,000 and some scenarios reaching $190,000 during potential “push” phases. $BTC MACRO EXTENSION TARGETS INCOMING According to the 3rd Fibonacci level, Bitcoin’s price target stands at $155,000.

Despite bearish sentiment, new all-time highs appear likely. #Bitcoin #Crypto ￰6￱ — Bitcoinsensus (@Bitcoinsensus) August 26, 2025 However, given the current technical deterioration, these targets appear increasingly distant and may require months of base-building before they become ￰7￱ key juncture centers on daily closes relative to the $111,000 and $108,500 levels, with breaks below confirming deeper correction scenarios toward the $92,000-$98,000 range. Conversely, a successful defense of current support could establish conditions for counter-trend bounces. However, bearish divergences suggest that any rallies may face strong ￰8￱ Recovery Scenarios Point to Gradual Base Formation Despite the bearish breakdown, Bitcoin’s long-term infrastructure remains intact, with institutional adoption continuing through corporate treasury strategies and improvements in regulatory ￰9￱ pullback toward the 50-week moving average aligns with historical cycle patterns where major corrections establish launching pads for subsequent ￰10￱ recovery levels include reclaiming $112,000 as support with sustained volume, followed by breaking back above the 50-day EMA at $114,000.