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.

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

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

BitcoinBTC() failed to claim $122,000 as users on the exchange betted on a new BTC price fluctuation on Wednesday.

Bitcoin heads sideways from all-time peak.

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 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 reportedUncertainty about Bitcoin’s recent rise was heightened by the rapidly rising open interest (OI).

“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 was subsequently observed “predatory” Behaviour of high-volume traders when placing orders on the exchange.

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

Spoofing the Ask aka Above Price on Site
Underbidding or “spoofing” the price of 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

The market began to see a return of liquidity overnight, as data from CoinGlass showed that the liquidity on the bid and ask sides was increasing at the time this article was written.

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

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 uses the recent cost base of buyers to forecast where the demand will be bolstered. 

“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’ proprietary trading signals also indicated $120,000 in support but stated that a firmer foundation would be needed for the bounce. lay at $114,000Bitcoins simple moving (SMA) is 50 days.

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.”

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making any kind of investment.