How did Bitcoin’s price behave around the $113,000 mark during the recent correction? The asset oscillated near that level, moving between support and resistance as the broader market corrected, and within days it slid from all-time highs above $124,000 to below $113,000, reflecting pronounced volatility. On September 9, 2025, the breach below $113K triggered a classic correction across crypto markets, prompting retail sentiment to turn sharply bearish and prompting some participants to liquidate positions. This volatility also underscored the cybersecurity risks inherent in digital asset trading environments. Shortly thereafter, buyers returned and pushed BTC back above $113K, coinciding with an increase in market dominance to 59%, a metric that signaled renewed bullish momentum among larger holders. Market sentiment around the $113K threshold displayed mixed signals, with social media and on-chain analytics registering crowd fear and panic selling among retail traders, while Santiment highlighted that similar episodes of retail fear historically preceded rebounds. Derivatives activity and weak spot demand contrasted with steady ETF inflows, producing a nuanced picture in which institutional buying partially offset retail exits, and the interaction between these flows influenced short-term price dynamics. Analysts noted that extreme bearish bias has previously presented accumulation opportunities, though they also cautioned that sentiment indicators are not timing tools and can remain pessimistic for extended periods. From a technical perspective, $113K was identified as a critical support floor and psychological barrier, with a confirmed breach potentially prompting retests of lower supports near $105K and $100K, levels tied to the 200-day EMA and key Fibonacci retracements. Resistance for a bullish continuation sits near $124,474, and a decisive break above that level would strengthen the case for renewed uptrend, whereas failure to hold $113K increases the probability of deeper corrections toward the $100K–$104K zone. Order-book liquidity patterns and max pain considerations suggested short-term suppression risks around that price. Macro and institutional factors influenced outlooks, as rate-cut expectations and regulatory clarity supported projections for higher targets, while miners faced margin pressure from rising difficulty. Observers recommended measured allocation strategies, emphasizing risk management and awareness of both technical and macro risks before increasing exposure. Recent analyst forecasts even point to a possible rise toward 135,000. Additionally, broader market trends showed Ethereum’s institutional inflows were strong, with Q3 2025 seeing about 33 billion in inflows that contrasted with Bitcoin ETF outflows.
