Bitcoin News Today: Bitcoin RSI Divergence Signals Potential Drop to $98,000–$100,000

Generated by AI AgentCoin World
Monday, Aug 18, 2025 2:06 pm ET2min read
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Aime RobotAime Summary

- Bitcoin's RSI negative divergence and price below 50-day SMA suggest a potential drop to $98,000–$100,000, per analysts.

- Ethereum faces critical support at $4,094, with retail optimism contrasting BTC's bearish outlook.

- S&P 500 shows RSI divergence, while the US Dollar Index fluctuates near key moving averages.

Bitcoin (BTC) faces bearish pressure as it forms a negative divergence on the RSI, signaling weakening bullish momentum. The price dipped below the 50-day SMA and found support near the neckline of an inverse head-and-shoulders pattern. Analyst Captain Faibik anticipates BTC could drop to the $98,000–$100,000 range under a bearish scenario, while Steven McClurg of Canary Capital estimates a greater than 50% chance of BTC reaching $140,000–$150,000 before a potential bear market in 2025 [1].

Ether (ETH) is under scrutiny as it pulled back below $4,368, with $4,094 becoming a critical support level. A rebound above this level could drive the price toward $4,788, while a break below it may lead to a drop toward $3,523. Retail sentiment remains more optimistic for ETH compared to BTC, although Santiment highlights that market trends often move contrary to retail expectations [1].

The S&P 500 Index (SPX) remains in an uptrend, but the RSI is forming a negative divergence, hinting at an impending consolidation or pullback. A break below the 20-day EMA at 6,370 could lead to further declines toward 6,237, while a move above 6,500 may extend the rally toward 6,696 [1].

The US Dollar Index (DXY) is in a tug-of-war at key moving averages. A break below 97.62 could bring the index to 97.10, while a move above the 20-day EMA of 98.23 may push the price toward 100.25, suggesting a potential trading range of 96.37 to 102 [1].

XRP faces a lack of demand above the 20-day EMA of $3.10 and has retreated to the 50-day SMA at $2.94. A rebound from this level could lead to a test of the $3.66 resistance, while a breakdown below $2.94 may push the price toward $2.73 [1].

BNB’s inability to hold above $861 raises concerns of profit-taking. The 20-day EMA at $808 is a crucial support. A successful rebound could see the price test $1,000, while a break below $794 may result in a consolidation between $732 and $861 [1].

Solana (SOL) retreated from $185 and is now trading near the 20-day EMA of $182. A rebound here may test $210, with a potential rally toward $240 if that level is breached. A break below the 50-day SMA of $172 could bring the price toward the uptrend line [1].

Dogecoin (DOGE) remains range-bound between $0.21 and $0.26, with the 20-day EMA at $0.22 and RSI near the midpoint. A break below $0.21 may send the price to $0.16, while a move above $0.26 could target $0.29 and eventually $0.35 [1].

Cardano (ADA) holds above $0.90 but struggles at $1.02. A break below this level could lead to a drop toward $0.75, while a rebound from the 20-day EMA of $0.84 may see a test of $1.17 [1].

Chainlink (LINK) remains in an uptrend but faces resistance at $27. The RSI shows weakening bullish momentum. A drop below the 20-day EMA of $21.13 could target $21.13, while a rebound may see the price test $31 [1].

Source: [1] Price predictions 8/18: SPX, DXY, BTC, ETH,

XRP
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BNB
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DOGE
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ADA
, LINK. (https://cointelegraph.com/news/price-predictions-8-18-spx-dxy-btc-eth-xrp-bnb-sol-doge-ada-link)