{"id":85629,"date":"2025-08-01T13:16:01","date_gmt":"2025-08-01T13:16:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=85629"},"modified":"2025-08-01T13:16:01","modified_gmt":"2025-08-01T13:16:01","slug":"bitcoin-price-analysis-btc-troubles-just-getting-started-after-3-daily-decline","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=85629","title":{"rendered":"Bitcoin Price Analysis: BTC Troubles Just Getting Started After 3% Daily Decline?"},"content":{"rendered":"

Bitcoin is showing clear signs of weakness, with increasing selling pressure driving the price lower. The asset has now approached a decisive multi-month support zone, with a confirmed breakdown triggering a sharp decline toward the $111K threshold.<\/p>\n

Technical Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

The Daily Chart<\/h3>\n

After an extended period of sideways movement within the $116K to $123K range, Bitcoin has now turned downward, breaching the lower threshold. This drop signals a rise in distribution and selling interest, with the asset now testing a major support near $114K, coinciding with the lower boundary of its long-standing price channel.<\/p>\n

This region marks a critical battleground between buyers and sellers. A break below this level would likely trigger a new wave of sell orders, setting the stage for a deeper correction toward the $111K zone. The reaction at this pivotal level is expected to play a key role in shaping Bitcoin\u2019s mid-term trajectory.<\/a><\/p>\n

The 4-Hour Chart<\/h3>\n

Zooming in, the price was recently rejected from the upper boundary of a rising flag near $118K, signaling strong selling pressure. The recent drop has taken Bitcoin back toward the lower end of the flag structure, around $114K, which also aligns with the 0.5 Fibonacci retracement level.<\/p>\n

This confluence creates a strong area of support. A confirmed break below this level could lead to a long-squeeze scenario, pushing the price even lower. However, if demand picks up and buyers regain control, a bounce toward the $118K zone remains possible in the short term.<\/a><\/p>\n

On-chain Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

The Binance BTC\/USDT liquidation heatmap highlights a tense standoff within the current market structure, with Bitcoin\u2019s price caught between two significant liquidity pockets, one concentrated above the $120K level and another below $114K. These zones mark areas of high leveraged exposure, making them key magnets for institutional players and liquidity-driven moves.<\/p>\n

As the price hovers near the $114K threshold, the probability of a downward breakout increases. A drop below this level could trigger a chain reaction of stop-outs and liquidations, driving sharp downside momentum. Traders should monitor these zones closely, as any decisive move could unleash rapid and volatile price swings.<\/a><\/p>\n

The post Bitcoin Price Analysis: BTC Troubles Just Getting Started After 3% Daily Decline?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin is showing clear signs of weakness, with increasing selling pressure driving the price lower. The asset has now approached a decisive multi-month support zone, with a confirmed breakdown triggering a sharp decline toward the $111K threshold. Technical Analysis By ShayanMarkets The Daily Chart After an extended period of sideways movement within the $116K to […]<\/p>\n","protected":false},"author":0,"featured_media":85630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85629","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\/85629"}],"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=85629"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/85629\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/85630"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=85629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=85629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=85629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}