Bitcoin late longs wiped out as sub-$110K BTC price calls grow louder

3 hours ago

Key takeaways:

Bitcoin terms is down 11% from its all-time high, dropping to $111,000 connected Monday.
$108,000 is simply a short-term people for the bears, with immoderate BTC analysts predicting a driblet to $95,000.

Bitcoin (BTC) sellers emerged again connected Monday arsenic the driblet to $111,000 resulted successful a ample liquidation of leveraged agelong positions crossed the cryptocurrency market.

Bitcoin tumbles beneath $112,000, wiping retired longs

Bitcoin terms fell arsenic debased arsenic $111,300 connected Monday, reversing Friday’s spike fueled by Fed Chair Jerome Powell’s dovish speech, arsenic a whale sold into the rally.

This extended the driblet from the Aug. 14 all-time precocious of $124,500 to 11% and was accompanied by monolithic liquidations crossed the derivatives market.

Over $642.4 cardinal successful agelong positions were liquidated, with Bitcoin accounting for $235.5 million. Ether (ETH) followed with $155 cardinal successful agelong liquidations.

Across the board, a full of $806.95 cardinal was wiped retired of the marketplace successful abbreviated and agelong positions, arsenic shown successful the fig below.

The Bitcoin liquidation heatmap showed bargain orders successful the $110,500-$109,700 scope successful the play clip frame. More bid orders were gathering down to $108,000 arsenic shown successful the illustration below.

This suggests that Bitcoin’s terms mightiness driblet further to expanse the liquidity wrong this scope earlier a recovery.

How debased tin Bitcoin terms go?

BTC swept lows beneath $112,000, leaving traders questioning however debased the terms could go.

“Bitcoin is inactive murdering leveraged traders astir the scope lows, and from the looks of it, the sharks are inactive hungry,” said trader Jelle successful a Monday station connected X.

According to Jelle, Bitcoin was required to clasp supra the monthly unfastened astatine $111,900 to debar a deeper correction toward $100,000.

“Would truly similar terms holds successful this area, oregon we'll autumn backmost into the erstwhile scope which would unfastened america up to different retest of $100K.”

Fellow expert Captain Faibik said the enactment astir $111,800 was “getting weak,” and if broken, could trigger a caller downward limb toward the $107,000 and $108,000 zone.

— Captain Faibik 🐺 (@CryptoFaibik) August 25, 2025

Several crypto manufacture participants stay optimistic for higher prices successful spite of the drawdown. Analyst Gert van Lagen said connected Monday that Bitcoin’s parabola remained intact, targeting $350,000, but warned that an invalidation of the operation could spot the terms driblet toward 95,000.

For MN Capital laminitis Michael van de Poppe, Bitcoin’s dip beneath $112,000 offers a “great entry” opportunity for traders before making a bigger determination backmost up.

Meanwhile, expert BitQuant said past week that his rhythm apical target of $145,000 for Bitcoin was inactive successful play for 2025.

This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.

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