Bitcoin Tests Support Near $110K as Analysts Predict Slowdown

Bitcoin’s price is approaching key support near $110,000 as analysts warn of a slowdown in the market cycle. Corrections are seen as potential buying opportunities before a predicted rebound in fall 2025. The crypto asset faces pressure after failing to break through resistance near $112,000, leading to a decline to $110,104.78. This drop follows a climb from the mid-$80,000 range in May but analysts now flag mounting risks. 2025’s recovery is expected with anticipated rate cuts and altcoin ETF approvals despite Bitcoin’s diminishing dominance. Experts warn of caution as the market cycle slows compared to previous cycles.