Bitcoin Price Analysis: Bearish Divergence Hints at a Possible Correction Ahead

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October 16, 2025 · 4:42 AM

Bitcoin Price Analysis: Bearish Divergence Hints at a Possible Correction Ahead

Bitcoin (BTC) is currently priced around $112,900, showing signs of exhaustion after recent gains. Although it briefly surpassed $115,900, it is struggling to sustain bullish momentum. Technical indicators point to a potential correction, with traders monitoring key support levels near $110,000. Overall, market sentiment appears cautious.

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