What is the next Bitcoin bottom? Analysis Forewarns Of A $114,000 Dive

The following are key points.

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

• The liquidity is recovering and short-term volatility will increase as a consequence.

• BTC prices are predicted to reach a bottom of $114,000.

BitcoinBTCOn Wednesday, despite the fact that users of exchanges bet heavily on BTC’s price fluctuations, ) was unable to recover $122,000.

Bitcoin trails sideways following all-time peak tumble

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

It was widely expected, given the number of all-time records that have been reached without any serious upward movement.

You can also read about the advantages of using Cointelegraph reportedThis rapid increase in open interest (OI), on derivatives, had increased suspicions about Bitcoin’s ability to retrace part of recent gains.

“Very efficient price action tbh hence the low volatility thus far,” Skew, the trader in question, commented on an article. X post On Tuesday, the corrective action began.

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

Sporking on the price aka asking for more than it is worth
Underbidding on Perps – spoofing bids

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” It may lead to a result.

BTC’s price support brings $114,000 into focus

Some people have looked at where BTC/USD can be a local reliable floor. They warn that it may well be below the current 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 concluded.

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 argued. 

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

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.