Key factors:
-
Bitcoin sees a modest rebound into the weekly candle shut, however merchants see key resistance overhead.
-
BTC worth motion dangers a a lot deeper drop if bulls fail to reclaim that resistance zone.
-
Fibonacci evaluation hints that such a drop might not cross greater than 10%.
Bitcoin (BTC) returned above $111,000 into Sunday’s weekly shut as evaluation noticed “promising” restoration indicators.
BTC worth “logical” bounce zone close to $100,000
Knowledge from Cointelegraph Markets Professional and TradingView confirmed BTC/USD gaining about 1% on the day to hit native highs of $111,369.
The pair’s newest dip, which adopted US macroeconomic information, noticed bulls protect $110,000 assist.
“That is truly promising on $BTC,” crypto dealer, analyst and entrepreneur Michaël van de Poppe responded on X.
“It makes a brand new greater low and holds the assist at $110K. Could be nice if we crack $112K and hearth up the bull run.”
Market members continued to carry diverging views over short-term BTC worth motion. Widespread dealer Cipher X advised that $112,000 may spark new lows ought to bulls fail to reclaim it subsequent.
$BTC holds round $111K, however construction hints at a attainable dip
If momentum stalls under $112K, I anticipate a pullback towards $108K assist
Nothing main is going on throughout the market proper now – it’s the weekend so finest to remain affected person and relaxed. pic.twitter.com/JP8lUHoKNz
— Cipher X (@Cipher2X) September 7, 2025
“We both flip $113,000 and pump to new highs, or if we reject right here we drop to $100,000,” fellow dealer Crypto Tony added on the day, adopting a extra categorical perspective based mostly on the weekly chart.
Dealer TurboBullCapital referenced the 50-day and 200-day easy transferring averages (SMAs) at $115,035 and $101,760, respectively, as necessary ranges to look at going ahead.
“Lose the $107k space & the draw back goal turns into the $101k degree which additionally occurs to coincide with the MA200,” a part of an X publish concluded.
“It is a logical space to anticipate a bounce.”
Bitcoin’s “worst case situation” coincides with $100,000
As Cointelegraph reported, one concept on longer timeframes includes market makers on change order books.
Associated: Bitcoin bear market due in October with $50K backside goal: Evaluation
Quick sellers and bears, it suggests, might be the victims of manipulation previous to an enormous brief squeeze occasion taking the market to new all-time highs. This may echo worth motion in late 2024.
Within the meantime, Fibonacci retracement ranges indicate a most drop of 10%, once more based mostly on historic habits for the reason that finish of final yr.
“$BTC normally bottoms at 0.382 Fibonacci degree. This occurred in Q3 2024, Q2 2025 and can most likely occur once more,” widespread dealer ZYN noticed.
“For anybody questioning how low we are able to go, 0.382 Fibonacci degree is presently round $100K. So the worst case situation is a ten% drop earlier than a 50% rally above $150,000.”
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer includes threat, and readers ought to conduct their very own analysis when making a call.
