What is the next Bitcoin bottom? Analysis Predicts $114,000 Drop

The following are key points.

• Bitcoin’s price is still lower, despite a drop of over 4% within hours.

• As a result, short-term volatilities are likely to increase.

• BTC Price Predictions: A local bottom as low as $114,000

BitcoinBTC() was forced to spend $122,000 in order to win back the money that exchange users had betted on a new BTC volatility on Wednesday.

Bitcoin still sways sideways after a record-breaking tumble

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView showed BTC/USD consolidating after a snap 4.2% correction The previous day

The general expectation was that this would happen, as successive highs had not been accompanied by a serious upward trend.

The following are some of the ways to get in touch with us. Cointelegraph reportedOpen interest on derivatives has been increasing rapidly, adding to the suspicion that Bitcoin’s recent rise could be reversed.

“Very efficient price action tbh hence the low volatility thus far,” Skew, the trader in question, commented on an article. X post The correction began to take shape on Tuesday.

Skew is subsequently noticed “predatory” Behavior of large volume traders in exchange order books

Clear PvP -> Predatory price action on-going here via binance market on $BTC

Spoofing the Ask aka Above Price on Site
Spoofing the bid or a lower price for perps

What is the strategy of predatory attack?
Aim is to temporarily hold or lift price via perps & then push market lower by…

— Skew Δ (@52kskew) October 7, 2025

Data from CoinGlass shows that liquidity has increased on both the ask and bid side.

Skew suggested This is a “consolidation range” There are many possible outcomes.

BTC Price Support Brings $114,000 Back into Focus

Other people looked for a BTC/USD floor that could be used as a solid local basis, but warned it might not fall below the spot price.

Related: BTC October price breakout odds low: 5 things to know in Bitcoin this week

“Between $121K–$120K there isn’t much support, which means price can cut through quickly if selling picks up,” trader ZYN reported On X

“But just below, around $117K, nearly 190K BTC were last bought. That’s a heavy cluster of recent buyers.”

ZYN predicts where to increase the price based on the current cost of the product. 

“If we get a pullback into that range, it’s the kind of zone where demand usually shows up strong buyers defending their entries, new capital stepping in. In short: weak cushion at $121K, but a very real floor forming at $117K,” He said.

Material Indicators, a trading resource, also identified $120,000 as a support level, although it said that the foundation was stronger for a rebound. lay at $114,000Bitcoin is near the 50-day moving average.

For crypto trader, analyst and entrepreneur Michaël van de Poppe, the next buy zone extended down to $118,000.

“Bitcoin made a new all-time high, which is often a reference for people to be taking profits,” He reasoned. 

“Slight pullback and we’re approaching my personal area of interest for potential dip buying.”

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.