Key takeaways:
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Bitcoin price needs to hold above $110,000 to avoid further losses.
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The Taker-Buy-Sell-Ratio is down to levels last seen in November 2021, when BTC price reached its cycle peak.
Bitcoin’s (BTC) price saw modest gains on Wednesday, rising 0.9% over 24 hours to trade at around $111,000.
Several analysts said the next most crucial support remains $110,000, and the price must hold it to avoid a deeper correction.
“BTC is at a make-or-break level,” said Swissblock in a Wednesday post on X.
The private wealth manager asserted that Bitcoin’s “lifeline support” sits at $110,000, a level bulls must hold to ensure the bullish trend continues.
“BTC has proven resilience above $100K, but survival above $110K will decide if the trend continues bullish or tips into structural weakness.”
Popular Bitcoin analyst AlphaBTC shared a chart showing that the area between $110,000 and $112,000 was key for Bitcoin.
According to the analyst, a four-hour candlestick close above this area was required for the BTC price high to rebound; otherwise, a drop to $105,000 is likely.
“Until we get a four-hour close above $112K, I still feel $105K is in play, so I will be watching that level closely.”
📈#Bitcoin game plan 📈
Lower time frame view as $BTC attempts to break back out of the June / July range.
For me, until we get a H4 close above 112K I still feel 105K is in play, so I will be watching that level closely.#Crypto #BTC https://t.co/pUUFtwwVDX pic.twitter.com/vCfRVF7s5s
— AlphaBTC (@mark_cullen) August 27, 2025
Bitcoin price is currently holding the $110,000–$112,000 support, which “remains the key battleground,” said investor and trader Crypto Storm, adding:
“As long as this zone holds, a rebound toward the highs is still possible.”
Bitcoin taker buy-sell ratio flashes a “peak” signal
Unfortunately for the bulls, several bearish signs suggest BTC could fall below $110,000 in the following days or weeks.
Bitcoin’s price has deviated approximately 11% from its all-time high above $124,500 reached on Aug. 14, per Cointelegraph Markets Pro and TradingView data.
This drawdown has kept investors on the back seat, “reflecting a perception that the market may be overextended,” according to CryptoQuant analyst Gaah.
The Bitcoin Taker-Buy-Sell-Ratio, a metric gauging market sentiment, was at -0.945. When the metric dips below 1, it indicates that bears are in control of the market, and when the metric is…
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