Bitcoin

when

Coin

<ul>
 <li><strong>Bitcoin trades near $113,900, with technical analysis suggesting a possible drop to $100K.</strong></li>
 <li><strong>An OG Bitcoin whale has opened a significant short position against BTC worth $34.9M.</strong></li>
 <li><strong>Bitcoin’s CME gap has closed, confirming that earlier price movements were completed.</strong></li>
</ul>
<p>Bitcoin’s price has recently experienced a downward shift, moving away from the $115,000 zone. The latest chart analysis from TradingView analyst Ali Martinez <a href="https://x.com/ali_charts/status/1977803270979502317" target="_blank" rel="noopener noreferrer nofollow">suggests</a> that the cryptocurrency could be facing a continuation of its bearish momentum.&nbsp;</p>
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<p>Currently trading around $113,900, Bitcoin has failed to maintain levels above $115,000, leading some analysts to predict a possible revisit of the $100,000 range.</p>
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 <img loading="lazy" width="1024" height="711" src="https://coincryptonewz.com/wp-content/uploads/2025/10/image-293-1024x711.png" alt="">
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  <strong>Source: TradingView</strong>
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<p>The technical setup observed in Bitcoin’s recent price action shows a series of <a href="https://coincryptonewz.com/bitcoins-next-move-recovery-or-drop-below-100k/" target="_blank" rel="noopener noreferrer nofollow">drops</a>, first below $112,000, then $108,000, and even $103,400. The price is expected to stabilize near $101,800 if this downward trajectory continues.&nbsp;</p>
<h2 class="wp-block-heading" id="increased-short-positions-signal-bearish-sentiment">Increased Short Positions Signal Bearish Sentiment</h2>
<p>An intriguing development has emerged in the form of an OG Bitcoin whale, which has significantly increased its short positions. Analyst TedPillows provided data that Whale holds over $53.3 million in assets and currently maintains a 10x leveraged short position worth approximately $34.9 million. The entry price for this position was near $114,600, with Bitcoin trading around $113,200 at the time.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p>OG Bitcoin whale is adding more to his <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> short positions.<br><br>As I said yesterday, he maybe wants to lose money or get liquidated so people won't think he had insider information. <a href="https://t.co/JGn8S0TjOI" rel="noopener noreferrer nofollow">pic.twitter.com/JGn8S0TjOI</a></p>— Ted (@TedPillows) <a href="https://twitter.com/TedPillows/status/1977738009370935613?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 13, 2025</a>
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<p>The whale’s strategy has raised eyebrows in the market. Some speculate that this move could be part of a larger strategy to absorb potential losses or mask insider knowledge.&nbsp;</p>
<p>However, others see this as a typical response to market fluctuations, given Bitcoin’s current volatile nature. Ted’s observations suggest that this move could have significant influence, especially if Bitcoin continues its downward trend.</p>
<h2 class="wp-block-heading" id="cme-gap-closes-but-traders-cautioned-on-overvaluing-gaps">CME Gap Closes but Traders Cautioned on Overvaluing Gaps</h2>
<p>Bitcoin’s CME gap, a key indicator for some traders, has also been closed after the market’s recent movements. Analyst Daan Crypto Trades previously noted a small gap below $110,000 after a Sunday rebound.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p><a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> CME Gap has now been closed <a href="https://t.co/Cd6fq3Na1A" rel="noopener noreferrer nofollow">https://t.co/Cd6fq3Na1A</a> <a href="https://t.co/OWy2aa1bb6" rel="noopener noreferrer nofollow">pic.twitter.com/OWy2aa1bb6</a></p>— Daan Crypto Trades (@DaanCrypto) <a href="https://twitter.com/DaanCrypto/status/1977700356822855912?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 13, 2025</a>
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<p>However, this gap had not been filled due to the closure of the CME market. The updated chart now confirms that the price action has completed the movement. Daan also cautioned traders not to overvalue such gaps, especially when Bitcoin’s trading distance from these levels is significant.</p>
<pre class="wp-block-preformatted"><em>Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.</em></pre>
<p>&lt;p&gt;The post <a rel="noopener noreferrer nofollow" href="https://coincryptonewz.com/bitcoins-downside-risks-increase-after-failed-115k-hold/">Bitcoin’s Downside Risks Increase After Failed $115K Hold</a> first appeared on <a rel="noopener noreferrer nofollow" href="https://coincryptonewz.com">Coin Crypto Newz</a>.&lt;/p&gt;</p>

Bitcoin’s Downside Risks Increase After Failed $115K Hold

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