{"id":43970,"date":"2025-08-20T08:38:25","date_gmt":"2025-08-20T08:38:25","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/?p=43970"},"modified":"2025-08-20T08:38:25","modified_gmt":"2025-08-20T08:38:25","slug":"bitcoin-dips-under-115k-is-a-drop-to-110k-next","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/bitcoin-dips-under-115k-is-a-drop-to-110k-next\/","title":{"rendered":"Bitcoin Dips Under $115K: Is a Drop to $110K Next?"},"content":{"rendered":"\n

As the cryptocurrency landscape shifts, Bitcoin experienced a noteworthy decline, dropping beneath the $115,000 mark. This decline was accompanied by nearly $961 million in leveraged liquidations, prompting concerns for investors following a recent surge past $124,000, a new all-time high. This sudden shift has ignited worries about a potential deeper correction aimed at the $110,000 support level.<\/p>\n

Recent statistics from CoinGlass illustrate that long positions have largely dominated the liquidation activity. This scenario underscores the overleveraged condition of the current market. With more than 60% of BTC\/USDT perpetual contracts leaning towards long holds, traders find themselves vulnerable to significant liquidation risks should prices continue to drop.<\/p>\n

The Bearish Breakdown: Understanding Bitcoin’s Technical Trends<\/strong><\/h2>\n

Analyzing Bitcoin’s weekly chart reveals a concerning rising wedge formation<\/strong>, a technical pattern frequently associated with bearish reversals. Market analysts express caution, suggesting that a breakdown from this formation could result in Bitcoin plunging as low as $88,000, representing a steep 26% decline from present figures.<\/p>\n

On a daily chart<\/a>, Bitcoin has also completed a significant double-top pattern at $123,000, with a key neckline positioned around $112,000. A consistent drop below this critical level could trigger a move toward the $101,000 range, further cementing the bearish sentiment in the market.<\/p>\n

Compounding the issues, Bitcoin’s Relative Strength Index (RSI) has developed a descending channel, signifying a reduction in momentum despite the recent upward price movements.<\/p>\n

The Impact of Federal Reserve Decisions and Institutional Investments<\/strong><\/p>\n

Beyond mere technical analysis, Bitcoin’s future trajectory heavily depends on forthcoming Federal Reserve actions.<\/p>\n

Investors are eagerly anticipating insights from the Fed’s minutes and Chair Jerome Powell\u2019s address at the upcoming Jackson Hole Symposium. A more hawkish stance from Powell could stifle expectations for a potential September rate cut, likely intensifying Bitcoin’s downward movement.<\/p>\n

However, the trend of institutional accumulation<\/a> remains robust. Recently, Metaplanet from Tokyo acquired 775 BTC valued at $93 million, while Michael Saylor\u2019s investment strategy added another 430 BTC for $51 million. Inflows into Bitcoin ETFs also surged by $547 million last week, indicating sustained institutional interest even amidst rising volatility.<\/p>\n

<\/p>\n

Next Moves: Will Bitcoin Test $110K?<\/strong><\/p>\n

As various market observers weigh in, some perceive the recent pullback as a healthy phase of consolidation, while others caution against the looming threat of a flash crash fueled by high leverage and misleading bullish indicators.<\/p>\n

Should the bearish trends materialize, Bitcoin could face retesting levels around $110,000 or even lower if prevailing macroeconomic challenges continue.<\/p>\n

Currently, Bitcoin hovers near the $115,000 mark, with any decisive movement likely hinging on updates from the Federal Reserve and the overall risk appetite of investors in the market.<\/p>\n

Cover image from ChatGPT, BTCUSD chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

As the cryptocurrency landscape shifts, Bitcoin experienced a noteworthy decline, dropping beneath the $115,000 mark. This decline was accompanied by nearly $961 million in leveraged liquidations, prompting concerns for investors following a recent surge past $124,000, a new all-time high. This sudden shift has ignited worries about a potential deeper correction aimed at the $110,000 […]<\/p>\n","protected":false},"author":14,"featured_media":43971,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Bitcoin Dips Under $115K: Is a Drop to $110K Next? - Bitrabo","description":"As the cryptocurrency landscape shifts, Bitcoin experienced a noteworthy decline, dropping beneath the $115,000 mark. This decline was accompanied by nearly $96"},"footnotes":""},"categories":[316],"tags":[15886,13028,15885,448,449,1010,2126,3442],"class_list":["post-43970","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","tag-110k","tag-115k","tag-961m","tag-bitcoin","tag-btc","tag-dip","tag-liquidations","tag-slips"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/43970","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=43970"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/43970\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/43971"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=43970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=43970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=43970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}