BTC Down $ 10k from ATH – Here are the following Bitcoin (Analyst) support zones

Tl; Dr.

• The primary cryptocurrency has been in a free state state in recent days and fell from $ 119,000 to a low of more than $ 112,000 hours ago.
• A popular analyst has emphasized the most important support zones that can then be tested.

The graph above paints a clear picture. Bitcoin peaked in mid -July after an impressive rally and shot more than $ 123,000 to mark his latest record. However, it could not maintain such high levels and started to come back.

It spent the next ten days or so in a relatively tight reach between $ 117,000 and $ 120,000 with a success during his outbreak attempts in both directions.

After a fake on July 25, who managed to defend the Bulls in, the actual demolition started at the end of the month and when August started. BTC was rejected on the $ 119,000 line and yesterday pushed to the south to slightly less than $ 112,000, which became a new three -week low.

Some of the reasons behind these remarkable dives can be found here that vary from macro voltage and uncertainty to investors who discharge significant BTC quantities. Building on the latter, Ali Martinez noted that miners have also sold lately and dump more than 3,000 BTC in just two weeks.

Miners have discharged more than 3,000 bitcoin $ BTC In the past two weeks! pic.twitter.com/enp4jentyms

– Ali (@ali_charts) August 2, 2025

Given the crash of Bitcoin, which at one point is almost $ 1 billion to the livered positions, the analyst is also discussed The following important support zones for the active. They vary between $ 105,000 and $ 107,000. Later, Martinez repeated the importance of the $ 107.100 line as a large accumulation point for the future price of BTC.

$ 107,160 continues to arise as a crucial level of support for Bitcoin $ BTC! pic.twitter.com/izoejlbaga

– Ali (@ali_charts) August 2, 2025

Until now, the cryptocurrency has remained well above that level, because it currently acts above $ 113,000. However, more volatility is expected on Monday when all financial markets open. Moreover, Trump has the habit of making important announcements rattling on Sunday, so watch out.