Bitcoin Support Levels Under Scrutiny as Price Drops

Bitcoin’s price fell below $114,000 on August 21, 2025, raising questions about its support levels and potential for further decline. Key analysts have identified a critical support level at $108,600, but if that level breaks down, Bitcoin could tumble towards the $100,000 mark or even revisit previous lows around $75,000, as indicated by historical data. This drop comes in the wake of notable ETF outflows and profit-taking activities.