Key factors:
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Bitcoin sees a modest rebound into the weekly candle shut, however merchants see key resistance overhead.
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BTC worth motion dangers a a lot deeper drop if bulls fail to reclaim that resistance zone.
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Fibonacci evaluation hints that such a drop might not move greater than 10%.
Bitcoin (BTC) returned above $111,000 into Sunday’s weekly shut as evaluation noticed “promising” restoration indicators.
BTC worth “logical” bounce zone close to $100,000
Knowledge from Cointelegraph Markets Professional and TradingView confirmed BTC/USD gaining round 1% on the day to hit native highs of $111,369.
The pair’s newest dip, which adopted US macroeconomic knowledge, noticed bulls protect $110,000 assist.
“That is really promising on $BTC,” crypto dealer, analyst and entrepreneur Michaël van de Poppe responded on X.
“It makes a brand new larger low and holds the assist at $110K. Could be nice if we crack $112K and hearth up the bull run.”
Market individuals continued to carry diverging views over short-term BTC worth motion. In style dealer Cipher X recommended that $112,000 may spark new lows ought to bulls fail to reclaim it subsequent.
$BTC holds round $111K, however construction hints at a potential dip
If momentum stalls beneath $112K, I anticipate a pullback towards $108K assist
Nothing main is going on throughout the market proper now – it’s the weekend so greatest to remain affected person and relaxed. pic.twitter.com/JP8lUHoKNz
— Cipher X (@Cipher2X) September 7, 2025
“We both flip $113,000 and pump to new highs, or if we reject right here we drop to $100,000,” fellow dealer Crypto Tony added on the day, adopting a extra categorical perspective primarily based on the weekly chart.
Dealer TurboBullCapital referenced the 50-day and 200-day easy shifting averages (SMAs) at $115,035 and $101,760, respectively, as vital ranges to look at going ahead.
“Lose the $107k space & the draw back goal turns into the $101k degree which additionally occurs to coincide with the MA200,” a part of an X submit concluded.
“This can be a logical space to anticipate a bounce.”
Bitcoin’s “worst case situation” coincides with $100,000
As Cointelegraph reported, one principle on longer timeframes entails market makers on change order books.
Associated: Bitcoin bear market due in October with $50K backside goal: Evaluation
Brief sellers and bears, it suggests, may very well be the victims of manipulation previous to a large brief squeeze occasion taking the market to new all-time highs. This is able to echo worth motion in late 2024.
Within the meantime, Fibonacci retracement ranges indicate a most drop of 10%, once more primarily based on historic conduct because the finish of final 12 months.
“$BTC often bottoms at 0.382 Fibonacci degree. This occurred in Q3 2024, Q2 2025 and can most likely occur once more,” widespread dealer ZYN noticed.
“For anybody questioning how low we are able to go, 0.382 Fibonacci degree is at the moment round $100K. So the worst case situation is a ten% drop earlier than a 50% rally above $150,000.”
This text doesn’t comprise funding recommendation or suggestions. Each funding and buying and selling transfer entails danger, and readers ought to conduct their very own analysis when making a choice.
