{"id":53225,"date":"2025-10-16T14:01:48","date_gmt":"2025-10-16T14:01:48","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53225"},"modified":"2025-10-16T14:01:48","modified_gmt":"2025-10-16T14:01:48","slug":"bitcoin-price-analysis-btc-at-risk-of-bigger-correction-if-this-key-metric-stays-weak","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53225","title":{"rendered":"Bitcoin Price Analysis: BTC at Risk of Bigger Correction if This Key Metric Stays Weak"},"content":{"rendered":"
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Bitcoin continues to struggle after the massive liquidation event earlier this month. The market\u2019s optimism has cooled, and BTC is consolidating near $111,000 as traders remain cautious.<\/p>\n

Technical Analysis<\/h2>\n

By Shayan<\/p>\n

The Daily Chart<\/h3>\n

On the daily chart, BTC is hovering just above key support around $110,000, which is the critical 200-day moving average, while the 200-day moving average is acting as a resistance above the price around $116,000.<\/p>\n

The $110,000 area remains critical, and a decisive breakdown could send the market toward $101,000 and the lower boundary of the large descending channel. Meanwhile, the RSI around 42 signals neutral momentum, reflecting hesitation among both bulls and bears. Unless Bitcoin reclaims $116,000 with strong volume, the broader uptrend remains at risk of losing its mid-term structure.<\/p>\n

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

The 4-hour chart highlights a tight consolidation between $110,000 and $116,000 after the strong downward impulse. The $110,000 range continues to hold as a demand zone, but repeated tests have weakened its reliability.<\/p>\n

Resistance sits at $116,000, as already mentioned, which capped every recovery attempt over the past few days. The RSI also remains flat near 40, indicating equilibrium on the 4-hour timeframe, but the lack of momentum suggests the market could break down if sellers regain control.<\/p>\n

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Sentiment Analysis<\/h2>\n

Futures Open Interest<\/h3>\n

Open interest across exchanges has sharply declined following the recent selloff, reflecting a clear reduction in speculative activity. Traders are avoiding aggressive positions after getting liquidated during the last move down.<\/p>\n

This decline in leverage shows that the market is resetting, but it also signals a lack of conviction for any strong bullish continuation in the short term. Investor sentiment remains fragile, as fear is outweighing greed, and most participants are waiting for a stronger confirmation before re-entering long positions.<\/p>\n

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The post Bitcoin Price Analysis: BTC at Risk of Bigger Correction if This Key Metric Stays Weak<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitcoin continues to struggle after the massive liquidation event earlier this month. The market\u2019s optimism has cooled, and BTC is consolidating near $111,000 as traders remain cautious. Technical Analysis By Shayan The Daily Chart On the daily chart, BTC is hovering just above key support around $110,000, which is the critical 200-day moving average, while […]<\/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-53225","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\/53225","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=53225"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53225\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}