{"id":25598,"date":"2025-07-25T21:21:22","date_gmt":"2025-07-25T18:21:22","guid":{"rendered":"https:\/\/forklog.com\/en\/analyst-warns-of-potential-bitcoin-retest-at-110000\/"},"modified":"2025-07-25T21:21:22","modified_gmt":"2025-07-25T18:21:22","slug":"analyst-warns-of-potential-bitcoin-retest-at-110000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/analyst-warns-of-potential-bitcoin-retest-at-110000\/","title":{"rendered":"Analyst Warns of Potential Bitcoin Retest at $110,000"},"content":{"rendered":"<p>The decline in Bitcoin&#8217;s price for the second consecutive day suggests a cooling period in the market following an overheating phase. This was stated by leading BRN analyst Valentin Fournier in a report by <a href=\"https:\/\/cryptoslate.com\/bitcoin-price-could-retest-110k-amid-market-cooling-analyst-warns\/\">CryptoSlate<\/a>.<\/p>\n<p>He noted that the correction is accompanied by a reduction in trading activity and a slowdown in the inflow of funds into cryptocurrency-based ETFs.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cWe view this as a potentially healthy reset, especially after the liquidation of excessive long positions. We anticipate further weakening, which could lead to a decline to the support level at $110,000 in the coming days,\u201d said Fournier.<\/p>\n<\/blockquote>\n<p>The pressure on the digital gold&#8217;s quotes has been largely attributed to profit-taking by major investors. According to Lookonchain, on July 25, Galaxy Digital <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-slides-towards-115000-amid-galaxy-digital-sales\">sold 30,000 BTC<\/a> worth $3.5 billion.<\/p>\n<p>Head of Research at CryptoQuant Julio Moreno <a href=\"https:\/\/x.com\/jjcmoreno\/status\/1948769196080320774\">confirmed<\/a> that an inflow of 34,000 BTC to exchanges in a single day impacted the dynamics of digital gold. However, in his view, this does not necessarily indicate the sale of coins.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Coinciding with today&#8217;s large transfer of Bitcoin, Binance, Bybit and Gate have seen a sharp increase in open interest in the last 24h, ~$4 billion. <br \/>This mean shorts jumped in.<\/p>\n<p>Binance and Bybit received an important chunk of the coins transferred today. <a href=\"https:\/\/t.co\/Kgn8UDka0Z\">pic.twitter.com\/Kgn8UDka0Z<\/a><\/p>\n<p>\u2014 Julio Moreno (@jjcmoreno) <a href=\"https:\/\/twitter.com\/jjcmoreno\/status\/1948781097673765355?ref_src=twsrc%5Etfw\">July 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cSimultaneously with today&#8217;s large Bitcoin transaction, Binance, Bybit, and Gate have recorded a sharp increase in open interest over the last 24 hours, amounting to ~$4 billion,\u201d the expert noted.<\/p>\n<\/blockquote>\n<p>According to Moreno, these are short positions, and the 30,000 BTC transferred by Galaxy may serve as collateral.<\/p>\n<p>Verified CryptoQuant author Axel Adler Jr. believes that the current price dip is far from extreme and falls within the bounds of \u201cnormal volatility.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">The chart shows that over the last quarter, the maximum price &#8216;drops&#8217; on the 5-minute timeframe reached -10% in early June and -12% in mid-month, while the average weekly drawdown (green line) holds at 3.8%. The current pullback of -6% is within normal volatility range, being\u2026 <a href=\"https:\/\/t.co\/eEWPuz4q9P\">pic.twitter.com\/eEWPuz4q9P<\/a><\/p>\n<p>\u2014 Axel \ud83d\udc8e\ud83d\ude4c Adler Jr (@AxelAdlerJr) <a href=\"https:\/\/twitter.com\/AxelAdlerJr\/status\/1948642144253526215?ref_src=twsrc%5Etfw\">July 25, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe chart of net realized profit\/loss clearly shows sharp spikes in profit-taking by investors during growth phases. There is a high likelihood that we will see one or two more such waves before Bitcoin moves into a deeper correction,\u201d he added.<\/p>\n<\/blockquote>\n<p>Adler Jr. supported Fournier&#8217;s view that \u201chealthy pullbacks\u201d allow the market to cool from excessive overheating and continue its upward movement.<\/p>\n<p>Over the past 24 hours, altcoins in the top 10 by market capitalization have shown price dynamics similar to the flagship. The largest declines were recorded by XRP (5.4%) and Dogecoin (5.1%).<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"586\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-40-1024x586.jpg\" alt=\"Cryptocurrency Prices, Charts, and Crypto Market Cap  CoinGecko - Google Chrome\" class=\"wp-image-262681\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-40-1024x586.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-40-300x172.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-40-768x439.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-40.jpg 1278w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>Bitunix crypto analyst Dean Chen also generally attributed the market&#8217;s decline to profit-taking after a prolonged rally.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cFrom a structural standpoint, prices remain well-supported above key levels, with no significant breakouts observed. This suggests that we are still in a consolidation phase rather than entering a full-fledged bear market, and we may see a resumption of accumulation once the overall uncertainty dissipates,\u201d he concluded.<\/p>\n<\/blockquote>\n<p>Earlier, TD Cowen specialists predicted <a href=\"https:\/\/u1f987.com\/en\/news\/td-cowen-analysts-predict-bitcoin-to-reach-155000-by-year-end\">Bitcoin&#8217;s rise to $155,000<\/a> by the end of the year in an optimistic scenario. On-chain analyst James Check agrees that <a href=\"https:\/\/u1f987.com\/en\/news\/glassnode-low-trading-volume-hinders-bitcoins-path-to-200000\">the $200,000 mark<\/a> is unlikely to be reached by the leading cryptocurrency within this timeframe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decline in Bitcoin&#8217;s price for the second consecutive day suggests a cooling period in the market following an overheating phase. This was stated by leading BRN analyst Valentin Fournier in a report by CryptoSlate. He noted that the correction is accompanied by a reduction in trading activity and a slowdown in the inflow of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":25597,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1138],"class_list":["post-25598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"40","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=25598"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/25598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/25597"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=25598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=25598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=25598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}