Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets.<\/p>\n
Still, some traders see this range as an opportunity to re-enter the market.<\/p>\n
Bitcoin is priced around $105,000 at press time, based on CoinGecko data. Analyst Micha\u00ebl van de Poppe says<\/a> attention is shifting away from Bitcoin, but the current range could offer value.<\/p>\n \u201cIn these ranges, it\u2019s getting into buy the dip area,\u201d he posted.<\/p>\n A green zone between $106,000 and $104,000 is highlighted as a possible entry range. This level has held as support in past corrections. If the price continues to slide, additional levels to watch are $103,190 and $100,700.<\/p>\n <\/a>Source: Micha\u00ebl van de Poppe\/X<\/p>\n For momentum to shift upward, van de Poppe says Bitcoin would need to break above $112,000. This aligns with short-term resistance near $111,900 on the chart. A move through that range could lead to a push toward the $119,500 area, followed by a potential retest of the all-time high.<\/p>\n Recent price action shows liquidity was taken near the highs, followed by a sharp move lower. A red shaded area near $120,000 is identified as the zone that needs to be cleared before a new high can form.<\/p>\n On the weekly chart, Bitcoin is trading just under the 21-week EMA. This moving average has acted as trend support during previous uptrends. Analyst Rekt Capital says a close back above the EMA is needed to keep the structure intact.<\/p>\n #BTC<\/a><\/p>\n Bitcoin is currently deviating below the 21-week EMA (green) and will need to Weekly Close above it to sustain it as support$BTC<\/a> #Crypto<\/a> #Bitcoin<\/a> https:\/\/t.co\/ZP2hs31TB1<\/a> pic.twitter.com\/mys182IB9V<\/a><\/p>\n \u2014 Rekt Capital (@rektcapital) October 16, 2025<\/a><\/p>\n\n A broader demand zone between $93,000 and $108,000 has also been marked. This range previously served as a consolidation zone before the rally earlier this year.<\/p>\n Despite the decline, trading volume has picked up. As CryptoPotato reported<\/a>, data shows Bitcoin\u2019s weekly volume is at its highest level since March. This suggests increased participation, even as the asset trades near short-term support.<\/p>\n Meanwhile, Gold has continued to attract capital during this period. Economist Peter Schiff commented<\/a> that Bitcoin\u2019s recent dip was a \u201cwarning<\/em>,\u201d calling attention to gold\u2019s stronger performance over recent months.<\/p>\n Bitcoin remains in a tight range, with traders watching the $112,000 and $104,000 levels for the next clear signal.<\/p>\n The post Bitcoin (BTC) Slides 13%: Is This the Ultimate \u2018Buy the Dip\u2019 Zone?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets. Still, some traders see this range as an opportunity to re-enter the market. Market Pullback Brings Price Near […]<\/p>\n","protected":false},"author":0,"featured_media":105666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105665"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105665"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105666"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}21-Week EMA Holds Mid-Cycle Relevance<\/h2>\n
Trading Volume Increases as Price Drops<\/h2>\n
![<\/a>Source: Micha\u00ebl van de Poppe\/X<\/p>\nFor momentum to shift upward, van de Poppe says Bitcoin would need to break above $112,000. This aligns with short-term resistance near $111,900 on the chart. A move through that range could lead to a push toward the $119,500 area, followed by a potential retest of the all-time high.<\/p>\nRecent price action shows liquidity was taken near the highs, followed by a sharp move lower. A red shaded area near $120,000 is identified as the zone that needs to be cleared before a new high can form.<\/p>\n21-Week EMA Holds Mid-Cycle Relevance<\/h2>\nOn the weekly chart, Bitcoin is trading just under the 21-week EMA. This moving average has acted as trend support during previous uptrends. Analyst Rekt Capital says a close back above the EMA is needed to keep the structure intact.<\/p>\n#BTC<\/a><\/p>\nBitcoin is currently deviating below the 21-week EMA (green) and will need to Weekly Close above it to sustain it as support$BTC<\/a> #Crypto<\/a> #Bitcoin<\/a> https:\/\/t.co\/ZP2hs31TB1<\/a> pic.twitter.com\/mys182IB9V<\/a><\/p>\n\u2014 Rekt Capital (@rektcapital) October 16, 2025<\/a><\/p>\n\nA broader demand zone between $93,000 and $108,000 has also been marked. This range previously served as a consolidation zone before the rally earlier this year.<\/p>\nTrading Volume Increases as Price Drops<\/h2>\nDespite the decline, trading volume has picked up. As CryptoPotato reported<\/a>, data shows Bitcoin\u2019s weekly volume is at its highest level since March. This suggests increased participation, even as the asset trades near short-term support.<\/p>\nMeanwhile, Gold has continued to attract capital during this period. Economist Peter Schiff commented<\/a> that Bitcoin\u2019s recent dip was a \u201cwarning<\/em>,\u201d calling attention to gold\u2019s stronger performance over recent months.<\/p>\nBitcoin remains in a tight range, with traders watching the $112,000 and $104,000 levels for the next clear signal.<\/p>\nThe post Bitcoin (BTC) Slides 13%: Is This the Ultimate \u2018Buy the Dip\u2019 Zone?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets. Still, some traders see this range as an opportunity to re-enter the market. Market Pullback Brings Price Near […]<\/p>\n","protected":false},"author":0,"featured_media":105666,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-105665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105665"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=105665"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/105665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/105666"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=105665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=105665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=105665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/10\/G3bHRyFWkAApt5I.png\"){kind=link}