Basic Points:
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Bitcoin’s momentum price weakness leads to lower targets, with a Wyckoff’s review warning that $ 100,000 support can fail.
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Pushing the $ 122,000 currently looks like “ugly” thanks to a decline in sunny hours.
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Attention continues to focus on the CME gap near $ 117,500.
Bitcoin (Btc) Dangers of break the bull run ahead as a sub- $ 100,000 target price of BTC has emerged.
The LATEST EXPERIENCE MARKET From merchants, along with the Zayk charts, published on Tuesday, warned of an ongoing “distribution phase” for Bitcoin.
Btc price wyckoff schematic eyes “$ 95,000 zone”
Bitcoin is not immune to the loss of $ 100,000 support, with a hard price that holds above the old all-time highs from earlier 2025.
The Zayk Charts said the door was open to $ 95,000, a level that was invisible since early May.
Using Wyckoff methodThe Zayk charts argue that the BTC/USDT has satisfied the classic “Mark Up” rebound phase from long-term lows, and now enters the “distribution,” the place where an uprising is traditionally reversed.
“After a strong phase of accumulation in March-April confirmed by Bullish RSI Divergence, the BTC has entered a powerful mark-up stage, reaching new highs,” said an X post.
“Currently, price action shows the signs of a distribution stage-moving of the sideways with a weakening momentum, supported by RSI diversity. If the distribution confirms, the next stage can be a mark-down, with a potential collapse into the 95K zone.”
The area between $ 92,000 and $ 95,000 featured BTC price action since last November, acting as Both support and resistance While the market has experienced significant swings.
Continued, fellow businessman Mikybull Crypto described this week Pushing beyond $ 122,000ended with refusal, as “ugly.”
The BTC/USD, he told the followers of X, has re -recorded its previous range, along with the major beneficiaries of altcoins.
It’s ugly for bitcoin
Return to the scope of the way, which is super good for alts pic.twitter.com/6hsvqkmdgt
– MIKYBULL 🐂CRYPTO (@MikybullCrypto) August 11, 2025
CME GAP preceded the US CPI report
Other markets are less categories, along with businessman Daan Crypto who argues with those who focus on the nearby gap in the CME group’s Bitcoin futures.
Related: Bitcoin will make history for $ 340k if the BTC beats last cycle is 2,100% obtained
“$ Btc retisting this trend line has been broken before. The 4h 200ma/ema will enter right below,” he write On X Tuesday, the 200-period simple and exponential moving averages are determined by the four-hour hours.
“But keep in mind that we still have a CME gap that is sitting around $ 117k. It will have some decent coherence at 4h 200mA (purple) and a wick in that region will make me closer for the fresh long in strong alts.”
Expectations for volatility are highly leading the basic US macroeconomic data, including consumer price print (CPI) for July due to the day.
Number Cointelegraph reportedParticipants in the market have seen any exposed results as an immediate crypto impact and risk ownership.
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