Bitcoin

Drops

Gold

Rekt

would

Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets.
Still, some traders see this range as an opportunity to re-enter the market.
<h2 id="market-pullback-brings-price-near-buy-zone">Market Pullback Brings Price Near Buy Zone</h2>
Bitcoin is priced around $105,000 at press time, based on CoinGecko data. Analyst Michaël van de Poppe <a href="https://x.com/CryptoMichNL/status/1979099814152507499" rel="noopener noreferrer nofollow">says</a> attention is shifting away from Bitcoin, but the current range could offer value.
<blockquote>
 “In these ranges, it’s getting into buy the dip area,” he posted.
</blockquote>
A green zone between $106,000 and $104,000 is highlighted as a possible entry range. This level has held as support in past corrections. If the price continues to slide, additional levels to watch are $103,190 and $100,700.
<figure style="width: 100%" class="wp-caption aligncenter">
 <a href="https://cryptopotato.com/wp-content/uploads/2025/10/G3bHRyFWkAApt5I.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2025/10/G3bHRyFWkAApt5I.png" alt="BTC price chart" width="1200" height="673"></a>
 <figcaption>
 Source: Michaël van de Poppe/X
 </figcaption>
</figure>
For momentum to shift upward, van de Poppe says Bitcoin would need to break above $112,000. This aligns with short-term resistance near $111,900 on the chart. A move through that range could lead to a push toward the $119,500 area, followed by a potential retest of the all-time high.
Recent price action shows liquidity was taken near the highs, followed by a sharp move lower. A red shaded area near $120,000 is identified as the zone that needs to be cleared before a new high can form.
<h2 id="21-week-ema-holds-mid-cycle-relevance">21-Week EMA Holds Mid-Cycle Relevance</h2>
On the weekly chart, Bitcoin is trading just under the 21-week EMA. This moving average has acted as trend support during previous uptrends. Analyst Rekt Capital says a close back above the EMA is needed to keep the structure intact.
<blockquote class="twitter-tweet">
 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a>
 Bitcoin is currently deviating below the 21-week EMA (green) and will need to Weekly Close above it to sustain it as support<a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/ZP2hs31TB1" rel="noopener noreferrer nofollow">https://t.co/ZP2hs31TB1</a> <a href="https://t.co/mys182IB9V" rel="noopener noreferrer nofollow">pic.twitter.com/mys182IB9V</a>
 — Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1978875441663357146?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 16, 2025</a>
</blockquote>

A broader demand zone between $93,000 and $108,000 has also been marked. This range previously served as a consolidation zone before the rally earlier this year.
<h2 id="trading-volume-increases-as-price-drops">Trading Volume Increases as Price Drops</h2>
Despite the decline, trading volume has picked up. As CryptoPotato <a href="https://cryptopotato.com/bitcoin-trading-volume-hits-highest-since-march-as-btc-price-dips-below-105k/" rel="noopener noreferrer nofollow">reported</a>, data shows Bitcoin’s weekly volume is at its highest level since March. This suggests increased participation, even as the asset trades near short-term support.
Meanwhile, Gold has continued to attract capital during this period. Economist Peter Schiff <a href="https://cryptopotato.com/peter-schiff-dismisses-btcs-digital-gold-status-following-recent-crash/" rel="noopener noreferrer nofollow">commented</a> that Bitcoin’s recent dip was a “warning,” calling attention to gold’s stronger performance over recent months.
Bitcoin remains in a tight range, with traders watching the $112,000 and $104,000 levels for the next clear signal.
The post <a href="https://cryptopotato.com/bitcoin-btc-slides-13-is-this-the-ultimate-buy-the-dip-zone/" rel="noopener noreferrer nofollow">Bitcoin (BTC) Slides 13%: Is This the Ultimate ‘Buy the Dip’ Zone?</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Bitcoin (BTC) Slides 13%: Is This the Ultimate ‘Buy the Dip’ Zone?

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