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Home»Bitcoin»Bitcoin Price Drops Below $110k if Support Levels Lose

Bitcoin Price Drops Below $110k if Support Levels Lose

Bitcoin By Gavin25/08/2025
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Is Bitcoin’s Sell-off Driven By Dormant BTC Wallet Activity?
Is Bitcoin’s Sell-off Driven By Dormant BTC Wallet Activity?
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Takeaways from the conference:

  • Bitcoin’s price has dropped 11% since its peak, to $111,000 as of Monday.

  • Bears are targeting $108,000 in the short term. BTC analyst predict a decline to $95,000.

BitcoinBTC) sellers emerged again on Monday as the drop to $111,000  resulted in a large liquidation of leveraged long positions across the cryptocurrency market.

BTC/USD Daily Chart Source: Cointelegraph/TradingView

Bitcoin falls below $112,000 and wipes out longs

Bitcoin dropped to $111300 in price on Monday. Friday’s spike Fed chair Jerome Powell’s dovish remarks have fueled the market. whale sold into the rally. 

It was a drop of 4% from Aug. 14. all-time high of $124,500 The market liquidated massively, resulting in a drop of 11%.

Related: Bitcoin OG whales to blame for BTC’s painful rise: Willy Woo

Bitcoin accounted for 235.5 million dollars of the $642,4 million liquidated in long positions. EtherETHLong liquidations (totaling $155 millions) were then followed by.

As shown below, the total loss on the short- and long-term positions was $806.95 Million.

Screenshot of Cryptoliquidations Source: CoinGlass

In the last week, the Bitcoin heat map showed that the range of buy orders was between $110,500 and $109,700. As shown below, more bid orders are building up to $108,000.

BTC/USDT liquidation heatmap. Source: CoinGlass

The price of Bitcoin could drop to more than this level before recovering.

What is the lowest price Bitcoin can go?

BTC fell below $112,000 leaving traders wondering just how low it could fall.

“Bitcoin is still murdering leveraged traders around the range lows, and from the looks of it, the sharks are still hungry,” said Jelle the trader in a post Monday on X. 

Jelle said that Bitcoin needed to remain above the $111,900 monthly open to prevent a further correction towards $100,000. 

“Would really prefer price holds in this area, or we’ll fall back into the previous range which would open us up to another retest of $100K.”

BTC/USD chart. Source: Jelle

Lieutenant Captain Faibik, a fellow analyst said The support of around $111 800 was “getting weak,” If it is broken, this would trigger another downward leg towards $107,000 or $108,000.

$BTC Bulls still defending the key support (111.8k).

As Support getting Weak, I think Bitcoin is likely to drop toward the 107K–108K zone soon 🔜#Crypto #Bitcoin #BTCUSD pic.twitter.com/ZcaG5RhrXE

— Captain Faibik 🐺 (@CryptoFaibik) August 25, 2025

Many crypto-industry participants are still optimistic about higher prices despite the recent drawdown. Analyst Gert van Lagen said Bitcoin parabola was still intact on Monday and aimed at $350,000. But, it warned, an invalidation could cause the price to drop towards 95,000.

BTC/USD chart depicting a parabola. Source: Gert van Lagen

For MN Capital founder Michael van de Poppe, Bitcoin’s dip below $112,000 offers a “great entry” opportunity for traders before making a bigger move back up.

Analyst BitQuant stated last week that his top cycle was a cyclical one. target of $145,000 for Bitcoin The 2025 deadline was not reached.

This article contains no investment recommendations or advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making a final decision.