{"id":26972,"date":"2025-05-15T14:47:02","date_gmt":"2025-05-15T14:47:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26972"},"modified":"2025-05-15T14:47:02","modified_gmt":"2025-05-15T14:47:02","slug":"bitcoin-price-analysis-is-btc-about-to-break-below-100k-after-recent-rejection","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26972","title":{"rendered":"Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?"},"content":{"rendered":"
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Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt.<\/p>\n

Technical Analysis<\/h2>\n

The Daily Chart<\/h3>\n

Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time high of $109K. Yet, the bullish momentum has stalled at this critical region, with the price entering a brief consolidation. This resistance zone likely contains a substantial supply, as traders begin to realize profits and anticipate a corrective phase.<\/p>\n

Given the current market structure, a short-term retracement or sideways consolidation toward the $100K support level appears likely before any attempt at a decisive breakout above $109K to establish a new ATH.\"\"<\/a><\/p>\n

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

On the 4-hour timeframe, Bitcoin\u2019s weakness around the $109K resistance becomes more apparent. After testing this level, the price has gradually lost momentum, forming a consolidation pattern that resembles a potential double-top.<\/p>\n

Moreover, a clear bearish divergence between the price and the RSI suggests that sellers are gaining traction as bullish momentum fades. These signals point toward a likely short-term correction or consolidation around the $100K zone before the market regains strength for another breakout attempt.\"\"<\/a><\/p>\n

On-chain Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

While Bitcoin neared its all-time high around $109K, profit-taking activity is expected as traders look to secure gains. Consequently, BTC\u2019s extended consolidation near ATH levels can largely be attributed to significant profit realization by market participants.<\/p>\n

However, the recent behavior of long-term holders (LTHs), investors who have held their assets for over 150 days, tells a different story, as reflected in the LTH SOPR (Spent Output Profit Ratio) metric.<\/p>\n

It has been trending downward even as the price approached the $109K range. This decline suggests that long-term holders have not yet engaged in notable profit-taking. Instead, they appear to be accumulating, signaling confidence in higher price targets and anticipating new all-time highs.<\/p>\n

Therefore, the current consolidation phase seems to be primarily driven by short-term holders and retail traders. Based on this behavior, Bitcoin is likely to resume its bullish trend following this pause, potentially leading to a fresh impulsive rally and new all-time highs in the mid-term.\"\"<\/a><\/p>\n

\u00a0<\/p>\n

The post Bitcoin Price Analysis: Is BTC About to Break Below $100K After Recent Rejection?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin has recently approached its all-time high of $109K, demonstrating strong bullish momentum. However, the rally has temporarily paused, suggesting a potential consolidation or corrective phase before the next breakout attempt. Technical Analysis The Daily Chart Bitcoin extended its sharp upward move after breaking above the key psychological resistance at $100K, climbing toward its all-time […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26972","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26972","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26972"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26972\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26972"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26972"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26972"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}