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by: xpoolPosted on: August 27, 2025

Bitcoin Drops Below $111K: Bears Gain Momentum

Bitcoin’s price has fallen below the key support level of $111.8K, signaling a shift towards bearish sentiment. Technical indicators suggest short-term downtrend with potential for further losses to the $106K region. 2023’s price movement remains volatile, but recent analysis suggests that breaking this support could trigger panic selling and potentially even deeper market declines.

Related posts:

  1. Bitcoin Pullback Analysis: What to Expect in the Next 4 Weeks
  2. Bitcoin Price Plummets Below $113,000: Market Experts Analyze Reasons Behind Drop
  3. VanEck Predicts Bitcoin Price Surge to $180,000 by Year-End
  4. Bitcoin’s Resilience Amidst Weakening Momentum: Analysis of UTXO Distribution, Bull Score, and CBBI
Bitcoin Cryptocurrency Market Analysis

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