Where’s the Bitcoin Bottom next? Analysis of the assessment of more than $ 114,000 dip

Basic Points:

• Bitcoin price action stays lower after falling to 4% in time.

• Watering has recovered, with short -term volatility that is especially likely as a result.

• BTC price predictions see a local bottom that makes up less than $ 114,000.

Bitcoin (Btc) struggles to recover $ 122,000 Wednesday while exchange users will bet on fresh BTC price volatility.

Bitcoin tracks sideways after all time high falling

Data from Cointelegraph Markets Pro and Tradingview showed BTC/USD integration after a Correcting 4.2% correction The day before.

It is widely expected to be given a series of all the time but a lack of serious upward momentum.

Number Cointelegraph reported.

“Excellent price action tbh therefore low volatility to this day,” the famous businessman Skew commented on part of a X post Tuesday as the correction develops.

Skew subsequently noted that the “predatory” behavior of big businessmen in exchange books.

I -Clear the PVP -> Predatory Action Price to Continue It Through Binance Market at $ Btc

spoofing to ask aka at the upper price in place
Spoofing to Bid aka below price to perps

How does the predatory strategy work?
The goal is to temporarily handle or lift the price by perps and then push the market lower by…

– skew δ (@52kskew) October 7, 2025

Overnight, the liquidity began to flow back to the market, with data from the coinglass showing a thickening bid-side and asked alongside the liquidity at the time of writing.

Skew suggested that a “range of integration” may result.

BTC price support puts $ 114,000 back to focus

Others are considered where BTC/USD can be placed on a reliable local floor, which warns that it may be significantly lower than the current price of the area.

Related: BTC October Breakout Odds Low: 5 Things to Know Bitcoin this Sunday

“Between $ 121k- $ 120k there is little support, which means the price can be cut quickly if the sale of picks,” Zyn’s famous businessman reported in x

“But just below, around $ 117k, almost 190k BTC was last purchased. That’s a heavy cluster of recent buyers.”

Zyn used the basis of the cost of recent buyers to predict where the price should be.

“If we get a pullback to that range, this is the type of zone where demand usually shows strong buyers defending their entries, the new capital coming in. In short: weak pillow at $ 121k, but a real floor that forms $ 117K,” he concluded.

Using its proprietary signals -its ownership of the material resource material also filed $ 120,000 support, but said that a stronger foundation for a bounce Lie down at $ 114,000 -It close to Bitcoin’s 50-day Simple Moving Average (SMA).

For the crypto trader, analyst and businessman Michaël van de Poppe, the next zone purchase is up to $ 118,000.

“Bitcoin has created a new all-time high, which is often a reference for people to earn income,” he reasoned.

“Slightly pulling and we are approaching my personal interest area for potential purchase.”

This article does not contain investment advice or recommendations. Every transfer of investment and trading involves risk, and readers should conduct their own research when deciding.