Bitcoin tumbles under $ 110k while Fear Crypto Market grabs

The Bitcoin price has fallen under $ 110k for the past 24 hours when fear grabbed the cryptomarket for a second consecutive day.

The BTC price DA fraction of a percentage to act at $ 109,817 from 12:40 pm Est, while the Crypto fear and greed index sustained from 28 to 33 yesterday, still a state of “anxiety” among the investors when prices dropped.

📈 Bitcoin’s potential wave associated with Fed Leadership Shift

Mike Novogratz suggests $ BTC could reach $ 200,000 if the next chairman of the Federal Reserve assumes a very Dovish monetary policy position. The Galaxy Digital CEO regards this potential leadership change as Bitcoin’s “largest bull … pic.twitter.com/icvjqvaixv

– 👁 Kolyan Trend | NFT and Metaverse 👁 (@kolyan_trend) September 27, 2025

One still one Bloomberg report That President Donald Trump has limited his shortlist for the next Federal Reserve chairman to three candidates who have gathered Galaxy digital CEO Mike Novogratz, who said that BTC May would rise to $ 200,000.

“That is the potential biggest bull catalyst for Bitcoin and the rest of Crypto,” said Novogratz in an interview with Kyle Chasse.

A Dovish attitude of a new FED chef would mean lower interest rates, and that would probably be a bullish catalyst for Bitcoin and other risk assets.

Economic adviser Kevin Hassett of the White House, governor of the Federal Reserve Christopher Waller and former Fed Governor Kevin Warssh, are the names on the shortlist of Trump to replace Jerome Powell with the Fed, Bloomberg reported.

Can the bulls take the lead to push the assets to higher levels?

Bitcoin price at the point of an outbreak

The weekly graph for the BTC price Unveils a strong bee trend in the long term that has been intact since the end of 2023.

Bitcoin -price promotion shows consistently higher highlights and higher lows, with the latest candles that consolidate just above 0.236 Fibonacci Retracement level around $ 107,500. This zone has acted as a critical support area, preventing deeper corrections.

The research of the most important indicators is the 50-day simple advancing average (SMA) on the 1-week graph placed far below the current price, which indicates a healthy bullish structure.

With the price of BTC that stays comfortably above these levels, it signals strength in the trend. The Fibonacci racement levels offer important interest zones important, with the level of 0.382 at $ 97.274 and the 0.5 level at $ 88,997 as potential downward support if the market experiences a withdrawal.

In the meantime, the relative strength index (RSI) is on 53, a neutral reading that suggests neither overbought nor over -sold circumstances. This balance often offers room for further upwards without an immediate risk of exhaustion.

Based on the current setup, the price of Bitcoin seems to build a base for a different leg higher. If the level of $ 107,500 applies, BTC can rise to the next FIB goal to $ 160,000, after he has cleared his all time high (ATH) over $ 124,000 zone.

This is because Eric Trump believes that Bitcoin could surpass the level of $ 1 million in Q4.

🇺🇸 Eric Trump says: “I think Bitcoin will surpass $ 1,000,000 and this year Q4 will be incredible” 🚀 pic.twitter.com/fh4czfs0dz

– Ash Crypto (@ashCryptoreal) September 26, 2025

Conversely, if the price of Bitcoin falls under the support of $ 107,500, the next pillow against Neerwaartse pressure could be around 50-day SMA at $ 98,800 and near the FIB level of 0.382 ($ 97,274).

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