{"id":53548,"date":"2025-10-18T06:31:47","date_gmt":"2025-10-18T06:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53548"},"modified":"2025-10-18T06:31:47","modified_gmt":"2025-10-18T06:31:47","slug":"btc-price-dips-below-105k-amid-market-reset-analysts-call-it-a-controlled-pullback","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53548","title":{"rendered":"BTC Price Dips Below $105K Amid Market Reset, Analysts Call It a \u201cControlled\u201d Pullback"},"content":{"rendered":"
\n

The BTC price slid under $105,000 on Friday, tagging a 15-week low and revisiting supports first probed during last week\u2019s tariff-sparked selloff.<\/p>\n

Short-term momentum has weakened after repeated failures to hold above $112,000\u2013$116,000, leaving price compressed between a $104,000\u2013$107,000 demand zone and heavy resistance near $120,000\u2013$124,000 (the prior ATH band).<\/p>\n

\"bitcoin<\/p>\n

Technicians note that BTC price has now interacted with its 200-day moving average for the first time in six months, while the 20- and 50-day MAs trend lower, typical of a cooling phase after a vertical rally.<\/p>\n

BTC Price Tests $104K\u2013$107K Support as Leverage Clears<\/strong><\/h2>\n

Despite the headline drop, Bitcoin\u2019s derivatives data<\/a> and positioning point to a \u201ccontrolled deleveraging\u201d rather than panic. Open interest has reset to mid-year levels and funding flipped negative during the flush, indicating speculative longs were forced out.<\/p>\n

Spot flows remain steadier by comparison, suggesting long-term holders are largely unmoved.<\/p>\n

If bulls reclaim $110,000\u2013$113,000, a relief bounce toward $116,000\u2013$120,000 is plausible; lose $104,000\u2013$106,000, and many traders eye the $101,000\u2013$102,000 \u201cwick fill,\u201d with some warning a swift tag of $98,000\u2013$100,000 if liquidity thins.<\/p>\n

Macro Cross-Currents: Banks, Gold, and the Fed<\/strong><\/h2>\n

Macro stress amplified the move. Renewed pressure on U.S. regional banks, echoing the 2023 episode, fed risk-off flows just as U.S.\u2013China trade tensions re-flared.<\/p>\n

Meanwhile, gold printed fresh highs, highlighting a safe-haven bid while crypto cooled. Market odds favor a potential Fed rate cut at the late-October and early-November meeting, which could ease financial conditions and support a Q4 crypto rebound; a hawkish surprise, however, would likely extend consolidation.<\/p>\n

Bitcoin ETF flows have moderated from a record pace, with select U.S. crypto funds posting net outflows this week as investors de-risk.<\/p>\n

Nonetheless, the broader investment case, ETF<\/a> access, institutional adoption, and a structurally constrained BTC supply, remain intact, according to several desks framing the slide as a healthy reset after \u201cUptober\u2019s\u201d exuberance.<\/p>\n

Altcoins Underperform While Bitcoin Dominance Rises<\/strong><\/h2>\n

Altcoins extended losses as liquidity rotated into BTC and stablecoins. ETH, BNB, SOL, XRP dropped 7-12% on the day, while higher-beta names like DOGE and ADA fell more sharply week-to-date. Historically, this phase of rising BTC dominance persists until Bitcoin stabilizes and risk appetite returns downstream.<\/p>\n

Key levels to watch include a BTC price<\/a> Support $104,000\u2013$106,000, then $101,000\u2013$102,000; Resistance $110,000\u2013$113,000, $116,000, and $120,000\u2013$124,000.<\/p>\n

A decisive close back above $120,000 would reassert the uptrend and put new highs back in focus. Until then, analysts expect rangebound, catalyst-driven BTC price action as leverage stays light and the market digests macro signals.<\/p>\n

Cover image from ChatGPT, BTCUSD chart on Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The BTC price slid under $105,000 on Friday, tagging a 15-week low and revisiting supports first probed during last week\u2019s tariff-sparked selloff. Short-term momentum has weakened after repeated failures to hold above $112,000\u2013$116,000, leaving price compressed between a $104,000\u2013$107,000 demand zone and heavy resistance near $120,000\u2013$124,000 (the prior ATH band). Technicians note that BTC price […]<\/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-53548","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\/53548","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=53548"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53548\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}