{"content":"🔥 Bitcoin in Trouble — Sellers Dominate as Downtrend Accelerates Below $115,500, bitcoin is rising. BTC is still negative and might go below $112,000 again. Bitcoin fell below $116,500 again. The price is below $115,500 and the 100-hour SMA. On the hourly BTC/USD chart, a negative trend line with resistance around $115,400 is formed. If it breaks $115,500 barrier, the pair may rise again. Further Bitcoin Price Drop Bitcoin fell again after closing below $118,000. BTC fell below $116,500. Below the $115,500 support zone and 100-hourly Simple moving average. They tried $112,500. The price is stabilizing below the 23.6% Fib retracement level of the latest slide from the $124,420 swing high to the $112,610 low. Bitcoin has fallen below $116,000 and the 100-hour SMA. Near $114,200 is immediate upward barrier. First major resistance is at $115,000. The hourly BTC/USD chart shows a negative trend line with resistance around $115,400. The next hurdle may be $115,500. A close above $115,500 barrier might boost prices. The price may soar to $118,500 resistance. It is around the 50% Fib retracement level of the latest slide from $124,420 swing high to $112,610 low. More increases might push the price beyond $120,000. The goal may be $121,500. More BTC losses? Bitcoin may fall again if it fails to break $115,000 barrier. Support around $112,500 is immediate. The first big support is around $112,000. Around $110,500 is the next support. More losses might push the price toward $110,000. BTC may go below $108,000, the biggest support. The technical indications Hourly MACD - The negative zone is strengthening. Relative Strength Index hourly BTC/USD RSI is below 50. Major Support Levels: $112,500, $110,500. Major Resistance Levels: $115,000, $115,500. #BTC #PowellWatch #PowellWatch $BTC #Write2Earn ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/20/41afdccfcf5e4968acfad5fb296389c6.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}