{"id":38577,"date":"2025-07-24T12:46:42","date_gmt":"2025-07-24T12:46:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38577"},"modified":"2025-07-24T12:46:42","modified_gmt":"2025-07-24T12:46:42","slug":"bitcoin-breakdown-btc-price-analysis-warns-of-sharp-drop-below-111k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38577","title":{"rendered":"Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K"},"content":{"rendered":"
\n

Bitcoin\u2019s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region.<\/p>\n

Technical Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

The Daily Chart<\/h3>\n

Bitcoin\u2019s price consolidation continues just below its all-time high of $123K, hovering between the $116K and $120K levels. This price behavior signals an equilibrium zone, where buying and selling pressure are currently balanced, a sign that the market awaits a fresh catalyst.<\/p>\n

Importantly, this range also aligns with the 0.5-0.618 levels of the Trend-Based Fibonacci Extension, adding further technical significance to the current resistance zone. Given the lack of strong bullish momentum, a deeper correction below $116K is likely, with the $111K zone emerging as the next key target.\"\"<\/a><\/p>\n

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

On the lower timeframe, BTC appears to be forming a bullish flag \u2014 a classic continuation pattern. Despite multiple rebounds from the $116K support, repeated testing suggests growing vulnerability.<\/p>\n

These reactions have likely created a sell-side liquidity pool just below $116K, increasing the probability of a liquidity sweep followed by a bearish breakout. Should this support level fail, the asset could swiftly decline toward the flag\u2019s lower boundary near $111K.\"\"<\/a><\/p>\n

On-chain Analysis<\/h2>\n

By ShayanMarkets<\/p>\n

The Binance BTC\/USDT Liquidation Heatmap reveals a critical tug-of-war in the current market structure. Bitcoin\u2019s price is currently trapped between two major liquidity clusters, with significant liquidation pools above $120K and below $116K.<\/p>\n

These zones represent a high concentration of leveraged futures positions, making them prime targets for smart money and market makers seeking liquidity. A price move toward either level could trigger a cascade of liquidations, intensifying volatility and rapidly accelerating price action.<\/p>\n

As a result, Bitcoin remains range-bound between these two zones until one side is taken out. A breakout above $120K or a breakdown below $116K will likely lead to a sharp, directional move, fueled by stop-losses and forced liquidations.<\/p>\n

Traders should keep a close eye on these levels and prepare for potential whipsaw volatility once either threshold is breached.<\/p>\n

The post Bitcoin Breakdown? BTC Price Analysis Warns of Sharp Drop Below $111K<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin\u2019s consolidation has been extended, with the price hovering around the $120K price range. A break below the $116K support is expected, likely pushing the price down toward the $111K region. Technical Analysis By ShayanMarkets The Daily Chart Bitcoin\u2019s price consolidation continues just below its all-time high of $123K, hovering between the $116K and $120K […]<\/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-38577","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\/38577","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=38577"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38577\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38577"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38577"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38577"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}