{"id":53511,"date":"2025-10-17T18:33:07","date_gmt":"2025-10-17T18:33:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53511"},"modified":"2025-10-17T18:33:07","modified_gmt":"2025-10-17T18:33:07","slug":"bitcoin-btc-slides-13-is-this-the-ultimate-buy-the-dip-zone","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53511","title":{"rendered":"Bitcoin (BTC) Slides 13%: Is This the Ultimate \u2018Buy the Dip\u2019 Zone?"},"content":{"rendered":"
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Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets.<\/p>\n

Still, some traders see this range as an opportunity to re-enter the market.<\/p>\n

Market Pullback Brings Price Near Buy Zone<\/h2>\n

Bitcoin is priced around $105,000 at press time, based on CoinGecko data. Analyst Micha\u00ebl van de Poppe says<\/a> attention is shifting away from Bitcoin, but the current range could offer value.<\/p>\n

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\u201cIn these ranges, it\u2019s getting into buy the dip area,\u201d he posted.<\/p>\n<\/blockquote>\n

A green zone between $106,000 and $104,000 is highlighted as a possible entry range. This level has held as support in past corrections. If the price continues to slide, additional levels to watch are $103,190 and $100,700.<\/p>\n

\"BTC<\/a>
Source: Micha\u00ebl van de Poppe\/X<\/figcaption><\/figure>\n

For momentum to shift upward, van de Poppe says Bitcoin would need to break above $112,000. This aligns with short-term resistance near $111,900 on the chart. A move through that range could lead to a push toward the $119,500 area, followed by a potential retest of the all-time high.<\/p>\n

Recent price action shows liquidity was taken near the highs, followed by a sharp move lower. A red shaded area near $120,000 is identified as the zone that needs to be cleared before a new high can form.<\/p>\n

21-Week EMA Holds Mid-Cycle Relevance<\/h2>\n

On the weekly chart, Bitcoin is trading just under the 21-week EMA. This moving average has acted as trend support during previous uptrends. Analyst Rekt Capital says a close back above the EMA is needed to keep the structure intact.<\/p>\n

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#BTC<\/a><\/p>\n

Bitcoin is currently deviating below the 21-week EMA (green) and will need to Weekly Close above it to sustain it as support$BTC<\/a> #Crypto<\/a> #Bitcoin<\/a> https:\/\/t.co\/ZP2hs31TB1<\/a> pic.twitter.com\/mys182IB9V<\/a><\/p>\n

\u2014 Rekt Capital (@rektcapital) October 16, 2025<\/a><\/p>\n<\/blockquote>\n