{"id":98784,"date":"2025-09-23T02:25:31","date_gmt":"2025-09-23T02:25:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=98784"},"modified":"2025-09-23T02:25:31","modified_gmt":"2025-09-23T02:25:31","slug":"bitcoin-price-dips-again-could-this-spark-panic-selling-across-crypto-market","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=98784","title":{"rendered":"Bitcoin Price Dips Again \u2013 Could This Spark Panic Selling Across Crypto Market?"},"content":{"rendered":"

Bitcoin price extended losses after it traded below $115,000. BTC is now moving lower and might even test the $110,500 support zone.<\/em><\/p>\n

Bitcoin started a fresh decline below the $115,000 zone.
\nThe price is trading below $114,500 and the 100 hourly Simple moving average.
\nThere is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC\/USD pair (data feed from Kraken).
\nThe pair might start another increase if it clears the $115,000 zone.<\/p>\n

Bitcoin Price Dips Further<\/h2>\n

Bitcoin price failed to stay the $116,500 zone and started a fresh decline<\/a>. BTC declined below the $115,500 and $115,000 support levels to enter a short-term bearish zone.<\/p>\n

The decline gained pace below the $114,000 level. A low was formed at $112,050 and the price is now consolidating losses below the 23.6% Fib retracement level of the recent decline from the $117,920 swing high to the $112,050 low.<\/p>\n

Bitcoin is now trading below $113,500 and the 100 hourly Simple moving average<\/a>. Besides, there is a bearish trend line forming with resistance at $114,000 on the hourly chart of the BTC\/USD pair.<\/p>\n

Immediate resistance on the upside is near the $113,450 level. The first key resistance is near the $114,000 level and the trend line. The next resistance could be $115,000 or the 50% Fib retracement level of the recent decline from the $117,920 swing high to the $112,050 low.<\/p>\n

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

A close above the $115,000 resistance might send the price further higher. In the stated case, the price could rise and test the $116,500 resistance level. Any more gains might send the price toward the $116,800 level. The next barrier for the bulls could be $117,250.<\/p>\n

More Losses In BTC?<\/h2>\n

If Bitcoin fails to rise above the $114,000 resistance zone, it could start a fresh decline. Immediate support is near the $112,000 level. The first major support is near the $111,250 level.<\/p>\n

The next support is now near the $110,500 zone. Any more losses might send the price toward the $108,800 support in the near term. The main support sits at $107,500, below which BTC might gain bearish momentum.<\/p>\n

Technical indicators:<\/p>\n

Hourly MACD \u2013 The MACD is now gaining pace in the bearish 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 $112,000, followed by $111,250.<\/p>\n

Major Resistance Levels \u2013 $114,000 and $115,000.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin price extended losses after it traded below $115,000. BTC is now moving lower and might even test the $110,500 support zone. Bitcoin started a fresh decline below the $115,000 zone. The price is trading below $114,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $114,000 […]<\/p>\n","protected":false},"author":0,"featured_media":98785,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98784","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\/98784"}],"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=98784"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/98784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/98785"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}