Bitcoin – Price analysis: BTC sinks under crucial support – What is the following?

Bitcoin is broken at $ 113.4k under the 100-day advancing average, which indicates a growing bearish sentiment after the recent sale. The price now consolidates in a critical zone where question levels will dictate the following directional movement.

Technical analysis

By Shayan

The daily graph

Bitcoin has fallen below the 100-day MA on the daily period, which means that the price is set between the 100-day ($ 113k) and 200 days ($ 104k) progressive averages. This reach often acts as a ‘no man’s country’, which reflects indecision until buyers or sellers win back the momentum.

The falling channel structure remains intact, which indicates persistent downward pressure, unless bulls can defend the lower limit of the channel near $ 109k. Holding above this region is essential to prevent deeper tests in the direction of the 200-day MA and the $ 100k $ 102k demand zone.

In particular, there is a visible liquidity pocket for the sales side below $ 107k, which could lower the price in a liquidity swing before a large reversal attempt unfolds.

The 4-hour graph

Bitcoin was aggressively rejected from $ 117k at the 4 -hour period, which activated a cascade of sale. The decrease has brought the price into a bullish flag structure, with BTC that is now floating just above an important demand zone below $ 110k.

This area is vital for the preservation of bullish potential. If buyers successfully defend it, Bitcoin could organize a rebound in the direction of recent highlights. However, a breakdown here would probably accelerate the movement to the deeper liquidity pool near $ 100k, in line with the 200-day MA. The next stage will depend on whether the question can withstand, sales pressure or whether sellers push the market in new lows.

Sentiment analysis

By Shayan

The Binance BTC/USDT Liquidation Heatmap (display of 2 weeks) reveals how recent volatility liquidity -controlled is. A substantial cluster of liquidations is formed above $ 117k Swing High, where aggressive sale was forced for a long time in liquidation. This tire emphasizes the heavy concentration of stop-loss and overlap that reinforced the rejection.

The heatmap, on the other hand, does not show large liquidity clusters under the current price, which implies that sellers may have exhausted the liquidity of downward descent in the short term. With Bitcoin, about $ 109k stabilizes, this absence of lifelong objectives can temporarily fall further, unless the new order current builds below.

For now, the market remains defined by this imbalance: the $ 117K Liquidity Band Overhead acts as a limit where the supply dominates, while the $ 109k demand must be to prevent a deeper slide to the $ 100k zone.