🔥 BTC Needs a Spark — Here’s What Could Unleash the Next Ra
学徒的心态交易
Updated at: 4 hours ago
{"content":"🔥 BTC Needs a Spark — Here’s What Could Unleash the Next Rally
Bitcoin struggles to break $111,500. BTC is consolidating and may go below $110,000.
Bitcoin began a rebound over $110,500.
Prices are below $111,000 and the 100-hour Simple moving average.
The hourly BTC/USD chart shows a positive trend line with support at $110,500.
If it remains below $111,500, it may fall again.
Bitcoin price struggles to recover
Bitcoin price launched a new comeback over $112,000 but upside remained restricted. BTC fell after peaking at $113,500.
Prices fell below $112,000 and $115,000. The price approached $110,000. Price is stabilizing after hitting $110,039, the current low. Price moved beyond the 23.6% Fib retracement level of the latest slide from $113,372 swing high to $110,039 low.
Bears operate below $112,000. Bitcoin has fallen below $111,000 and the 100-hour SMA. The hourly BTC/USD chart shows a positive trend line with support at $110,500.
Near $111,250 is immediate upward barrier. The first major barrier is $111,700, the 50% Fib retracement level of the latest slide from $113,372 swing high to $110,039 low. The next hurdle may be $112,580. A closing over $112,580 barrier might boost prices. Should the price climb, it might hit $113,500 barrier. More advances might push the price beyond $114,200. The primary goal may be $115,000.
Another BTC Drop?
Bitcoin may fall again if it fails to break $112,000 barrier. The trend line and $110,500 provide immediate support. The first substantial assistance is about $110,000.
Around $109,350 is the next support. More losses might push the price toward $108,500. BTC may fall severely below $107,500, the primary support.
The technical indications
Hourly MACD | MACD is falling in the positive zone.
Relative Strength Index hourly BTC/USD RSI is below 50.
Major Support Levels: $110,500, $109,350.
Major Resistance Levels: $112,000, $112,580.
#BTCvsETH #MetaplanetBTCPurchase #AltcoinMarketRecovery #ListedCompaniesAltcoinTreasury $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/08/9045f6f410134172be90841d499e583b.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}