NewsBTC
26 August 2025
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Bitcoin Price Drops Below $110,000 with Key Support at $105,500

Bitcoin is experiencing bearish momentum, currently trading below $112,500 and facing challenges in recovery.

  • BTC declined below the $112,000 support zone.
  • The price remains under the 100-hourly Simple Moving Average.
  • A bearish trend line is forming with resistance at $112,500 on the hourly chart.
  • Potential upward movement may occur if BTC surpasses the $112,500 resistance.

Current Price Trends

Bitcoin has entered a decline after closing below $113,500. It dropped below $110,000 and formed a low at $108,734. A minor recovery has occurred, but the price remains below key resistance levels.

  • Immediate resistance is near $110,750.
  • Key resistance at $112,500.
  • Next potential resistance at $113,000 or the 50% Fib retracement level.
  • Further gains could test $114,500 and $115,500 levels.

Bitcoin Price

Potential for Further Decline

If Bitcoin does not rise above $112,000, it may experience additional declines.

  • Immediate support is around $108,500.
  • First major support is near $107,200.
  • Next significant support is at $106,500.
  • Continued losses may drop the price toward $105,500.
  • Main support stands at $103,500, below which further declines are expected.

Technical indicators show:

  • Hourly MACD indicates increasing bearish momentum.
  • RSI for BTC/USD is below 50.

Major support levels include $108,500 and $107,200; major resistance levels are at $110,500 and $112,500.