Bitcoin Price Falls Below $113K Amid Volatility; Support at $110K
Bitcoin price dipped below $113,000 on October 29, 2025, falling as low as $112,954.90 on OKX. The Bitcoin price slid between 0.7% and 1.47% intraday amid mixed market sentiment, profit-taking and technical resistance near $115,000. This pullback highlights ongoing volatility in the cryptocurrency market. Traders should monitor key support levels at $113,800 and $110,000 for potential buying opportunities or further breakdowns. The decline underscores the importance of risk management and close attention to market indicators for short-term trading decisions.
Bearish
The combined summaries report a clear intraday decline in Bitcoin price, with drops of up to 1.47% driven by profit-taking, mixed sentiment and technical resistance at $115,000. Key support levels at $113,800 and $110,000 are under pressure, indicating potential for further downside if bearish momentum persists. Such a pullback amid high volatility typically weighs on short-term trader confidence and suggests a cautious outlook, justifying a bearish classification for Bitcoin’s price impact.