{"content":"📉 Bitcoin Struggles to Hold Up — Charts Signal More Downside Ahead Bitcoin is dropping below $113,000. BTC may go below $111,000 again as it struggles to rebound. Above $109,550, Bitcoin began a rebound. The price is below $112,000 and the 100-hour SMA. BTC/USD broke below a crucial bullish trend line with support around $112,000 on the hourly chart. Breaking the $110,750 support zone might trigger another fall. Bitcoin Drops Again Bitcoin tried to rebound from $108,734. BTC broke $109,500 and $110,000 barriers. The price broke the 23.6% Fib retracement barrier of the $117,355 swing high to $110,734 low dip. Bulls even broke $112,500 resistance. Price battled to break $113,000 resistance. Retreated from the 50% Fib level of the crucial decline from $117,355 swing high to $110,734 low. Additionally, the hourly BTC/USD chart broke below a crucial bullish trend line with support around $112,000. Bitcoin has fallen below $112,000 and the 100-hour SMA. Near $112,400 is immediate upward barrier. First major resistance is at $113,000. The next hurdle may be $113,500. A close above $113,500 barrier might boost prices. This scenario might see the price surge to $114,000 barrier. More advances might push the price toward $115,500. The goal may be $116,500. More BTC losses? Bitcoin may fall if it fails to break $113,000 barrier. Near $110,750 is immediate support. The first substantial assistance is about $110,000. Around $109,500 is the next support. More losses might push the price toward $108,500. BTC may fall severely below $106,500, the primary support. The technical indications Hourly MACD - The negative zone is strengthening. Relative Strength Index hourly BTC/USD RSI is below 50. Major Support Levels: $110,750, $109,500. Major Resistance Levels: $112,500, $113,000. #BTC #BTCWhalesMoveToETH #TrumpFiresFedGovernorCook $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/29/2be2942b7df742e980c090bc28215d8d.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}