{"id":45784,"date":"2025-09-04T16:32:14","date_gmt":"2025-09-04T16:32:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45784"},"modified":"2025-09-04T16:32:14","modified_gmt":"2025-09-04T16:32:14","slug":"bitcoin-slips-below-110k-as-analysts-weigh-risk-of-deeper-pullback","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45784","title":{"rendered":"Bitcoin Slips Below $110K as Analysts Weigh Risk of Deeper Pullback"},"content":{"rendered":"<div>\n<p>Bitcoin&#8217;s (BTC) feeble bounce this week ran out of gas on Thursday, with prices slipping back below $110,000 and some market watchers warning of a deeper pullback.<\/p>\n<p>The largest cryptocurrency fell 2.2% over 24 hours to $109,500, erasing half the gains it made from the weekend&#8217;s low of $107,000 as it topped $112,600 on Wednesday. Ether (ETH), Solana&#8217;s SOL (SOL) and Cardano&#8217;s ADA (ADA) all fell more than 3% over the past 24 hours.<\/p>\n<p>Digital asset treasury stocks also bled. The largest corporate BTC owner Strategy (MSTR) dropped 3.2% and is 30% down since July. Japan-based MetaPlanet (3355) lost 7% and trades 60% lower than its June high, while KindlyMD (NAKA) slid another 9% and is now down 75% since mid-August. Ether-focused vehicles BitMine (BMNR) and SharpLink Gaming (SBET) dropped 8%-9%.<\/p>\n<h3>How low BTC could fall?<\/h3>\n<p>Worries about further downside are growing louder, with some observers pointing to September historically being one of bitcoin\u2019s and and the broader crypto market&#8217;s weakest months. <\/p>\n<p>At the same time, gold, the old-school safe haven and inflation hedge, broke out to fresh records above $3,500 following a multimonth consolidation, seemingly sucking capital from riskier plays.<\/p>\n<p>A new report from Bitfinex noted that BTC has entered its third straight week of retracement from the August all-time high of $123,640. Historically, bull-market corrections averaged around 17% peak-to-trough, suggesting the market is nearing the typical limit of its drawdowns, the report said.<\/p>\n<p>However, there&#8217;s a risk of a deeper pullback, the analysts warned. The short-term holder realized price, a gauge of newer investors\u2019 cost basis of buying BTC, currently sits near $108,900, less than 1% below BTC&#8217;s current price. If that level fails as support, it could open the way to a deeper retracement, with a dense supply cluster between $93,000 and $95,000 likely providing a durable floor, the report said.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/f9df1e3f9e34f001adb9ad027ab5d9e19c0b79d9-1186x676.png?auto=format\" alt=\"BTC supply cluster at $93k-$95k (Bitfinex\/Glassnode)\" title=\"BTC supply cluster at $93k-$95k (Bitfinex\/Glassnode)\"><\/p>\n<p>Joel Kruger, market strategist of LMAX Group, remains more optimistic.<\/p>\n<p>September has usually been a month of consolidation ahead of stronger fourth-quarter performance, he said, adding that this year\u2019s correction might be shallower if ETF inflows, corporate treasury allocations and regulatory tailwinds materialize.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/daybook-us\/2025\/09\/04\/bitcoin-options-tilt-bearish-ahead-of-friday-s-expiry-crypto-daybook-americas\">Bitcoin Options Tilt Bearish Ahead of Friday&#8217;s Expiry: Crypto Daybook Americas<\/a><\/em><\/strong><\/p>\n<p><em><strong>UPDATE (Sept. 4, 16:00 UTC):<\/strong> Adds BTC supply cluster chart.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;s (BTC) feeble bounce this week ran out of gas on Thursday, with prices slipping back below $110,000 and some market watchers warning of a deeper pullback. The largest cryptocurrency fell 2.2% over 24 hours to $109,500, erasing half the gains it made from the weekend&#8217;s low of $107,000 as it topped $112,600 on Wednesday. [&hellip;]<\/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-45784","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\/45784","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=45784"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45784\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}