Bitcoin has started its natural correction after the sell the news on the Fed’s rate cut. Historically, all bear markets began exactly after rate cuts. But it’s too early to think about that now — the correction was long overdue. Let’s see what’s next for the price:
➡️ Today’s Tokyo session opened with a strong GAP at $115,570 – $111,870. Price reached key support at $111,848 — the previous ATH from May, making this a major level. From here, we can expect a short bounce to close that GAP.
➡️ RSI confirms this, showing oversold conditions on the 4H timeframe (27). The last time RSI hit such levels, price rallied over 11%.
➡️ On top of that, selling volumes have been decreasing since August, even though price keeps moving inside a descending channel. That means seller pressure is weakening.
➡️ Bitcoin also touched the Fibb 3 level for the first time since June 2025. Back then, it triggered a 25% rally and a new ATH.
⚡️ I’m not saying Bitcoin will set a new ATH right now, but after such a strong correction, at least a local bounce is highly likely. Price may retest today’s lows once more before moving lower — but first, I expect a rebound.
Drop in the comments: what price do you expect next for Bitcoin? 🔥
➡️ Today’s Tokyo session opened with a strong GAP at $115,570 – $111,870. Price reached key support at $111,848 — the previous ATH from May, making this a major level. From here, we can expect a short bounce to close that GAP.
➡️ RSI confirms this, showing oversold conditions on the 4H timeframe (27). The last time RSI hit such levels, price rallied over 11%.
➡️ On top of that, selling volumes have been decreasing since August, even though price keeps moving inside a descending channel. That means seller pressure is weakening.
➡️ Bitcoin also touched the Fibb 3 level for the first time since June 2025. Back then, it triggered a 25% rally and a new ATH.
⚡️ I’m not saying Bitcoin will set a new ATH right now, but after such a strong correction, at least a local bounce is highly likely. Price may retest today’s lows once more before moving lower — but first, I expect a rebound.
Drop in the comments: what price do you expect next for Bitcoin? 🔥
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.