Bitcoin is now worth more than it was before. rebounded once again after initially testing the waters With a drop to $112,000. Profit-taking was the cause, as Bitcoin had reached levels that were not seen since July 2025. This recovery doesn’t mean Bitcoin is out of the woods, as it’s retraced back to levels that are considered negative at this time.
Bitcoin could be sent crashing if the FVG becomes bearish
Crypto analyst Kamran Aghar provides an in-depth analysis. revealed The Bitcoin retracement could be only temporary as the Fair Value Gap has shifted back to a negative Fair Value Gap. The move comes following a minor bounce of $112,000 to $115,000 with the bearish FVG between $114,000-$115,500.
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The fair value gap was created after the Bitcoin crash, from $118,000 to $86,000. This suggests that Bitcoin would look to close it. Also, the level is a benchmark for future price increases. major supply zoneBulls will have to ramp up their buying to ensure that Bitcoin crosses this barrier without any issues.
It is clear that cryptocurrency has a higher demand than the FVG. there is a lot of resistance building at this level. Kamran believes that a price drop would follow if the market rejected this offer.
How low could BTC go?
The crypto analyst believes that Bitcoin’s price will rise in the case of a rejection. tumbling further downward into mid-July levels Between $107,500 to $109,000. The Bitcoin price would then have to fall another 5% before finding support.
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This level of support for Bitcoin is a silver lining to this potential crash. The Bitcoin bulls might use this as a new starting point to stage a comeback. Crypto analyst, therefore, warns investors that they should watch the digital currency to see its reaction at this level.
It is fascinating to see that at the moment, there are no signs of a terrorism threat. Bitcoin funding rate Positive, Coinglass shows. This means that more traders are investing in digital assets, as they believe the market is bullish. betting on the price continuing to rise From here. The positive funding rate, however, has declined in August. This suggests a slowdown by bulls.
Chart from TradingView.com, image from Dall.E
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Source: www.newsbtc.com
