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

Important points

• Bitcoin prices remain lower after falling by over 4% in just a few hours.

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

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

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

Bitcoins track sideways, after all time high.

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

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

You can also read about the advantages of using Cointelegraph reportedThe rapidly growing open interest on the derivatives market had led to speculation that Bitcoin might retrace some of its recent gains.

“Very efficient price action tbh hence the low volatility thus far,” Skew the trader commented in the annunciation 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

Sporking on the price aka asking for more than it is worth
Underbidding on Perps aka spoofing at the Bid

What are the tactics used by predators?
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’s price support brings $114,000 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.”

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.