Bitcoin has broken below $110K, putting support at $105K and $100K in view. A double-top and resistance at $112K—$114K are noted, while MACD has turned down. The RSI near 59 may trend toward 50 as September seasonality weighs. Analysts have noted bearish divergences on higher timeframes.Bitcoin has broken below $110K, putting support at $105K and $100K in view. A double-top and resistance at $112K—$114K are noted, while MACD has turned down. The RSI near 59 may trend toward 50 as September seasonality weighs. Analysts have noted bearish divergences on higher timeframes.
Bitcoin Drops Below $110K – What is the Next Support?
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Bitcoin has broken below $110K, putting support at $105K and $100K in view. A double-top and resistance at $112K—$114K are noted, while MACD has turned down. The RSI near 59 may trend toward 50 as September seasonality weighs. Analysts have noted bearish divergences on higher timeframes.
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