{"id":90178,"date":"2025-08-21T12:37:47","date_gmt":"2025-08-21T12:37:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=90178"},"modified":"2025-08-21T12:37:47","modified_gmt":"2025-08-21T12:37:47","slug":"bitcoin-faces-crucial-106k-test-before-potential-q4-ath-push","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=90178","title":{"rendered":"Bitcoin Faces Crucial $106K Test Before Potential Q4 ATH Push"},"content":{"rendered":"

TL;DR<\/p>\n

Analysts see Bitcoin dipping to $106K\u2013$110K before setting new highs in Q4 2025.<\/span>
\n$114K short-term pivot will determine whether it\u00a0 holds range or slides into a deeper correction.<\/span>
\nWhale long positions remain strong, signaling an accumulation phase before a possible rally to fresh highs.<\/p>\n

Bitcoin Steady Ahead of Powell Speech<\/h2>\n

Crypto markets are holding range-bound trading as investors wait for Federal Reserve Chair Jerome Powell\u2019s speech at Jackson Hole. A firm stance on interest rates could put fresh pressure on BTC, while a softer tone may offer relief.<\/span><\/p>\n

Bitcoin was priced at around $113,500, showing a 7% decline over the past week, according to Coingecko data. Trading activity remains high, but leverage in the retail segment is limited as whales restrict large speculative positions.<\/span><\/p>\n

Analyst ZYN pointed to the $106K\u2013$110K range as a likely <\/span>test zone<\/span><\/a>:\u00a0<\/span><\/p>\n

\u201cBreak below ATH? Sure, that\u2019s capitulation. That\u2019s where the weak hands get erased. And then? New ATH in Q4 2025.\u201d<\/span><\/p>\n

Notably, the level coincides with the rising trendline constituting the Bitcoin market from 2023. Every retest during Sept\/Oct 2023, Aug\/Sept 2024, and Mar\/April 2025 saw prices bounce up again. The Aug\/Sept 2025 setup is now showing prices near the same rising line again, meaning the structure is intact.<\/span><\/p>\n

Worst case for $BTC<\/a>?<\/p>\n

A clean dip into $106K\u2013$110K.<\/p>\n

That\u2019s the same trendline that\u2019s carried this market since 2023.<\/p>\n

Break below ATH? Sure, that\u2019s capitulation. That\u2019s where the weak hands get erased.<\/p>\n

And then?
\nNew ATH in Q4 2025.<\/p>\n

That\u2019s not a chart. That\u2019s a lifestyle\u2026 pic.twitter.com\/QrBO2Lk8jH<\/a><\/p>\n

\u2014 ZYN (@Zynweb3) August 20, 2025<\/a><\/p>\n\n

Short-Term Pivot at $114K<\/h2>\n

Analyst Rekt Capital described $114K as the deciding short-term level, saying<\/a><\/span>:\u00a0<\/span><\/p>\n

\u201cBitcoin needs to continue rejecting from $114K to enter downside continuation. After all, $114K needs to be convincingly lost for BTC to go lower.\u201d<\/span><\/p>\n

Bitcoin has repeatedly failed to push above the $118K\u2013$120K resistance line, which has weighed on momentum. A weekly close below $114K would leave <\/span>bears in control<\/span><\/a> and could open the door to further tests near $111K. Holding above would keep the price action inside a broader consolidation zone.<\/span><\/p>\n

<\/a>Source: X<\/p>\n

Market Signals to Watch<\/h2>\n

Data from CW <\/span>shows<\/span><\/a> Bitfinex whales increasing their long positions. The rally is expected to start once these positions begin closing, but for now, the wait continues.\u00a0<\/span>Meanwhile, Captain Faibik <\/span>pointed<\/span><\/a> to pressure on moving averages:<\/span><\/p>\n

\u201cBTC has exactly Retested the Daily EMA50 and is now preparing for another Bearish impulse. If the $111.8K Support breaks, be Ready for a drop toward $108K.\u201d<\/span><\/p>\n

For now, the $106K\u2013$114K band is the focal point for traders. Whether Bitcoin holds this zone or slips lower will decide if the next move is a retest of support or the start of a new leg higher.<\/span><\/p>\n

The post Bitcoin Faces Crucial $106K Test Before Potential Q4 ATH Push<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Analysts see Bitcoin dipping to $106K\u2013$110K before setting new highs in Q4 2025. $114K short-term pivot will determine whether it\u00a0 holds range or slides into a deeper correction. Whale long positions remain strong, signaling an accumulation phase before a possible rally to fresh highs. Bitcoin Steady Ahead of Powell Speech Crypto markets are holding […]<\/p>\n","protected":false},"author":0,"featured_media":90179,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90178","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\/90178"}],"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=90178"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/90178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/90179"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}