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 value 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 could not cross greater than 10%.
Bitcoin (BTC) returned above $111,000 into Sunday’s weekly shut as evaluation noticed “promising” restoration indicators.
BTC value “logical” bounce zone close to $100,000
Data from Cointelegraph Markets Pro 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 help.
“This is definitely promising on $BTC,” crypto dealer, analyst and entrepreneur Michaël van de Poppe responded on X.
“It makes a brand new increased low and holds the help at $110K. Would be nice if we crack $112K and hearth up the bull run.”
Market members continued to carry diverging views over short-term BTC value motion. Popular dealer Cipher X urged that $112,000 might spark new lows ought to bulls fail to reclaim it subsequent.
$BTC holds round $111K, however construction hints at a doable dip
If momentum stalls beneath $112K, I count on a pullback towards $108K help
Nothing main is occurring throughout the market proper now – it’s the weekend so finest 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 based mostly on the weekly chart.
Trader TurboBullCapital referenced the 50-day and 200-day easy transferring 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 is a logical space to count on a bounce.”
Bitcoin’s “worst case situation” coincides with $100,000
As Cointelegraph reported, one idea on longer timeframes entails market makers on change order books.
Related: Bitcoin bear market due in October with $50K backside goal: Analysis
Short sellers and bears, it suggests, might be the victims of manipulation previous to an enormous brief squeeze occasion taking the market to new all-time highs. This would echo value motion in late 2024.
In the meantime, Fibonacci retracement ranges suggest a most drop of 10%, once more based mostly on historic conduct because the finish of final 12 months.
“$BTC normally bottoms at 0.382 Fibonacci degree. This occurred in Q3 2024, Q2 2025 and can most likely occur once more,” fashionable 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 article doesn’t comprise funding recommendation or suggestions. Every funding and buying and selling transfer entails threat, and readers ought to conduct their very own analysis when making a choice.
