Bitcoin Price Prediction: BTC Might NOT Hold $111K as Risk Looms...
Bitcoin at a Crossroads: $111K in Focus
Bitcoin ($ BTC ) is currently trading near $111,365, just above a critical support level at $111,350. The chart shows a decisive moment as BTC struggles to break above the 50-day SMA ($115,648), while the 200-day SMA ($101,465) is holding as long-term support.
The question now is whether Bitcoin can build momentum toward $118,616 resistance, or if bearish pressure will push it down to test the $100K level again.
Key Support and Resistance Levels
- Immediate Resistance: $112,142 and the 50-day SMA at $115,648
- Strong Resistance Zone: $118,616 – a breakout above this level could shift momentum bullish
- Immediate Support: $111,350 (current line of defense)
- Major Support: $101,465 (200-day SMA) and psychological $100,000
- Extended Downside Risk: $75,000 – highlighted as a potential bottom if macro weakness intensifies
BTC/USD 1-day chart - TradingView
These levels are guiding traders’ decisions, with the market consolidating inside a narrowing channel.
Technical Indicators
- Downtrend Line: BTC remains under a descending red trendline, signaling bearish dominance unless broken.
- RSI (14): Currently at 45.91, showing neutral-to-weak momentum, with room for either upside recovery or further decline.
- Moving Averages: The 50-day SMA is trending below resistance, capping rallies, while the 200-day SMA acts as a solid long-term support.
If $Bitcoin closes decisively above the 50-day SMA, it could attract bullish momentum. A breakdown below the 200-day SMA, however, risks deeper correction.
Bitcoin Price Prediction over the Medium-Term
- Bullish Scenario: A breakout above $115K–$118K could send BTC back toward the $120K zone, with further upside potential if momentum strengthens.
- Bearish Scenario: Failure to hold $111K support may lead to a retest of the $100K mark, and if broken, open the way toward the $75K support zone.
Given current indicators , Bitcoin’s price action remains range-bound but vulnerable to macroeconomic shocks and market sentiment shifts.
Outlook
Bitcoin’s next major move depends on whether bulls can defend $111K and reclaim $115K resistance. Until then, BTC trades cautiously between crucial moving averages, with risks skewed to the downside if support levels crack.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Practice speaking and earn airdrops for free? A detailed explanation of the AI voice input project Poseidon, led by a16z
The AI industry is facing a bottleneck of "data exhaustion," which is precisely the core problem that Poseidon aims to solve.

Tom Lee: Doesn't Believe in Crypto Winter in the Near Future, ETH Long-Term Target $60,000
The Best-Haired Man on Wall Street Analyzes the $8 Billion ETH Bet Logic.

India and U.S. Lead Global Crypto Adoption Index in 2025

Nasdaq takes action! Stricter regulation for crypto concept stocks: issuing new shares to buy crypto now requires shareholder approval
The vast majority of cryptocurrency concept stocks are traded on Nasdaq. The exchange hopes that companies will slow down before transforming into cryptocurrency stocks to ensure that investors fully understand the associated risks.

Trending news
MoreCrypto prices
More








