Bitcoin Technical Analysis: Critical Price Levels and Market Warning Signs

gas_fee_therapist · 2025-09-28T22:54:39+00:00

Bitcoin is currently facing strong selling pressure under key resistance at $111.7K, with critical support at $107K. A break below this level may trigger further declines. Traders should remain vigilant and implement risk management strategies amid bearish signals.

gas_fee_therapist

2025-09-28 22:54:39

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📊 Market Snapshot

💰 Current Price: $108,684
📈 24h Range: $108,926 / $107,350
📉 Key Moving Averages: MA(7): $110,894 | MA(25): $115,278 | MA(99): $111,688

BTC is currently trapped below all short-term moving averages, with the $111.7K level (MA99) functioning as significant overhead resistance. Multiple attempts to break through have been consistently rejected, indicating strong selling pressure at this level.

🔎 Technical Structure Analysis

🛑 Resistance Zones:
- Primary: $112.8K-$113K
- Secondary: $115.2K-$116K
🟢 Support Zones:
- Critical: $107K (immediate concern)
- Major: $105K-$103K (secondary defense)

The $107K level represents a crucial technical threshold. A decisive break below this support could trigger a cascade of liquidations and accelerated selling pressure, potentially driving prices toward the $105K range or lower.

📉 Momentum Indicators

MACD: Reading at -746, firmly in bearish territory
Volume Profile: Heavy distribution pattern with selling volume dominating recent sessions
Market Sentiment: Risk-off positioning accelerating among traders

⚠️ Technical Warning Signals

Previous technical projections accurately identified the $111K-$107K range as a key battleground zone. Current chart formations suggest the $107K-$105K range is now the next critical support area. A failure to hold this zone could signal a more significant market correction.

Multiple technical patterns are forming on multiple timeframes:

4H chart: Potential bearish continuation pattern
Daily chart: Moving averages showing bearish crossover signals

✅ Risk Management Framework

Short-term traders: Implement tight stop-loss protection above $113K to manage downside exposure
Long-term position holders: Maintain strategic positioning but prepare contingency plans for extended volatility
Risk mitigation: Consider portfolio hedging strategies and maintain liquidity reserves

📌 Market Outlook

The next 48-72 hours represent a critical juncture for Bitcoin’s price action. The $107K support level will likely determine the short-term trajectory. Historical data shows that similar technical setups have led to significant price movements in either direction, with current indicators leaning bearish.

Trading during this volatility requires disciplined risk management and technical vigilance. Focus on confirmation signals rather than emotional reactions to price swings.

BTC-2,25%

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