Aug 18, 2025
Bitcoin Price Faces Bearish Pressure, Could Drop Below $112K: Expert
TLDR: Bitcoin price broke below $115K after rejecting $122K resistance before reclaiming $116K, signaling potential further correction. On-chain data shows liquidity gap between $112K and $108K, heightening downside risk for BTC. Accumulation Trend Score drops to 0.20, suggesting holders are redistributing rather than accumulating. Weekly consolidation near $115K keeps long-term bullish trend intact above $109K [...]
The post Bitcoin Price Faces Bearish Pressure, Could Drop Below $112K: Expert appeared first on Blockonomi.
Source: Blockonomi →Related News
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