Bitcoin News Today: Bitcoin Nears $110,000 Support; 13% Rally Could Drive $130,000 Surge

Bitcoin’s trajectory in the coming days hinges on a precarious balance between critical support levels and bullish momentum, as traders monitor the cryptocurrency’s potential to either stabilize or face a sharp downturn. The $98,000 threshold has emerged as a pivotal point, with its integrity determining whether Bitcoin sustains a long-term bullish trend or triggers a rapid correction. This level coincides with a cluster of over 1.25 million BTC in historical buyer addresses, where the average purchase price ranges from $95,248 to $98,566. As long as Bitcoin remains above this floor, selling pressure is expected to remain constrained. However, a breach could catalyze a drop toward $96,000 or even deeper, with the $106,738 level representing an additional upper limit for potential capitulation risks [1].

Technical analysis highlights higher strategic zones that could shape Bitcoin’s near-term direction. The $116,800 threshold is viewed by analysts as a pivotal pivot point for stabilizing bullish momentum. If this level holds, it may serve as a springboard for a breakout toward $119,500, which is considered a gateway to new all-time highs. Meanwhile, the dense liquidity zone between $110,000 and $112,000 is being closely watched by seasoned investors as a strategic accumulation range. Consolidation within this band aligns with typical patterns in intermediate bullish cycles, where pullbacks are absorbed by long-term buyers [1]. Some forecasts suggest that sustained strength above $110,000 could drive Bitcoin toward $130,000 by year-end, fueled by institutional accumulation and favorable macroeconomic signals, including potential monetary easing and key interest rate inflections [2].

Market fundamentals, however, remain a double-edged sword. Daily trading volume has remained steady at around $52 billion, reflecting sustained activity despite recent volatility. Yet, mixed technical indicators underscore the uncertainty. After peaking above $123,000 in July, Bitcoin has faced resistance near $115,000, with a recent 2% dip to $116,000 signaling cooling demand amid macroeconomic headwinds. Analysts warn that prolonged consolidation in this range could amplify volatility, potentially forcing a retest of the $110,000 level as risk-off sentiment intensifies [3]. This scenario reflects a tug-of-war between “smart money” accumulation and retail profit-taking, particularly after a 13% rally over 30 days [2].

The coming weeks will be critical in defining Bitcoin’s path. A definitive breakout above $115,000 could reignite optimism, validating the narrative of a prolonged bull run and attracting fresh capital. Conversely, a breakdown below $108,000 could trigger a cascade of liquidation, especially with elevated leverage in derivatives markets [4]. On-chain metrics, including exchange outflows and long-to-short funding rates, will provide early signals for directional shifts. For now, the market remains in a “wait-and-see” phase, with institutional participation and macroeconomic clarity expected to play decisive roles.

Source: [1] [Bitcoin: This Support Zone Could Change Everything In The Coming Days](https://coinmarketcap.com/community/articles/6885b5ce3c8fb03af0623a6c/) [2] [Bitcoin Analysts Predict $130,000 Surge If $110K Support...](https://www.ainvest.com/news/bitcoin-news-today-bitcoin-analysts-predict-130-000-surge-110k-support-holds-2507/) [3] [Why Bitcoin (BTC USD) Price Is Falling, More Dip Incoming?](https://www.thecoinrepublic.com/2025/07/25/why-bitcoin-btc-usd-price-is-falling-more-dip-incoming/) [4] [Bitcoin Price Could Retest $110k Amid Market Cooling...](https://cryptoslate.com/bitcoin-price-could-retest-110k-amid-market-cooling-analyst-warns/)