{"id":94496,"date":"2025-09-08T02:27:02","date_gmt":"2025-09-08T02:27:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=94496"},"modified":"2025-09-08T02:27:02","modified_gmt":"2025-09-08T02:27:02","slug":"bitcoin-price-weakens-fresh-downside-risk-if-bulls-fail-soon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=94496","title":{"rendered":"Bitcoin Price Weakens \u2013 Fresh Downside Risk If Bulls Fail Soon"},"content":{"rendered":"

Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level.<\/em><\/p>\n

Bitcoin started a recovery wave above the $110,500 zone.
\nThe price is trading below $111,000 and the 100 hourly Simple moving average.
\nThere is a bullish trend line forming with support at $110,500 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might start another decline if it stays below the $111,500 zone.<\/p>\n

Bitcoin Price Struggles To Recover<\/h2>\n

Bitcoin price started a fresh recovery<\/a> wave above the $112,000 zone but upside was limited. BTC peaked near $113,500 and started a fresh decline.<\/p>\n

There was a move below the $112,000 and $115,000 levels. The price even tested the $110,000 zone. The recent low was formed at $110,039 and the price is now consolidating<\/a>. There was a move above the 23.6% Fib retracement level of the recent decline from the $113,372 swing high to the $110,039 low.<\/p>\n

However, the bears are active below the $112,000 level. Bitcoin is now trading below $111,000 and the 100 hourly Simple moving average. Besides, there is a bullish trend line forming with support at $110,500 on the hourly chart of the BTC\/USD pair.<\/p>\n

<\/a><\/p>\n

Immediate resistance on the upside is near the $111,250 level. The first key resistance is near the $111,700 level or the 50% Fib retracement level of the recent decline from the $113,372 swing high to the $110,039 low. The next resistance could be $112,580. A close above the $112,580 resistance might send the price further higher. In the stated case, the price could rise and test the $113,500 resistance level. Any more gains might send the price toward the $114,200 level. The main target could be $115,000.<\/p>\n

Another Drop In BTC?<\/h2>\n

If Bitcoin fails to rise above the $112,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,500 level and the trend line. The first major support is near the $110,000 level.<\/p>\n

The next support is now near the $109,350 zone. Any more losses might send the price toward the $108,500 support in the near term. The main support sits at $107,500, below which BTC might decline sharply.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now losing pace in the bullish zone.<\/p>\n

Hourly RSI (Relative Strength Index) \u2013 The RSI for BTC\/USD is now below the 50 level.<\/p>\n

Major Support Levels \u2013 $110,500, followed by $109,350.<\/p>\n

Major Resistance Levels \u2013 $112,000 and $112,580.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price is struggling to recover above $111,500. BTC is now consolidating and might decline if there is a move below the $110,000 level. Bitcoin started a recovery wave above the $110,500 zone. The price is trading below $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support […]<\/p>\n","protected":false},"author":0,"featured_media":94497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94496","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\/94496"}],"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=94496"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94496\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/94497"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}