Price Could Drop to $108K-$112K, Warns Crypto Analyst Lark Davis

Bitcoin steadied near $118,000 on Sunday, though analysts Lark Davis and Michaël van de Poppe warned of deeper corrections and choppy trading ahead.

Bitcoin Price Predictions: Analysts Weigh In on Potential Pullbacks and Altcoin Opportunities in 2025

As of 2025, cryptocurrency analysts are closely monitoring Bitcoin’s performance, with predictions indicating a possible price drop to the range of $108,000 to $112,000. Lark Davis, a prominent crypto analyst, suggests that if Bitcoin continues to decline, this price zone will likely serve as a critical support level. Earlier in the year, this range acted as a ceiling during a rally, and historical market psychology indicates that levels which once resisted price movement can transform into support upon re-approach.

Davis highlights that this price area coincides with two significant Fibonacci retracement levels—50% and 61.8%. These metrics, derived from Bitcoin’s previous rally, are essential as they often signify points where profit-taking slows and new buying interest emerges. Fibonacci ratios, while rooted in mathematical theory, tend to act as self-fulfilling prophecies within trading circles, as many traders target these levels for entry points.

Additionally, Davis points to the 20-week exponential moving average (EMA), which rapidly adjusts to recent price changes. The convergence of this rising EMA with the $108K to $112K zone bolsters the argument for strong support. In technical trading, the simultaneous occurrence of resistance turning into support, Fibonacci retracement levels, and a rising average is termed confluence. Such confluence zones often attract price movement, acting like magnets for market tests.

However, not all analysts share the same outlook. Michaël van de Poppe takes a more cautious stance, noting that Bitcoin recently faced rejection at a pivotal resistance level near its recent highs. This rejection signifies that sellers successfully absorbed demand during the attempted breakout, indicating that momentum may need to cool before any further upward movement can occur. Van de Poppe expects Bitcoin to consolidate, moving sideways between established support and resistance levels while leverage resets.

Price Could Drop to $108K-$112K, Warns Crypto Analyst Lark Davis

In support of his view, Van de Poppe’s TradingView chart illustrates Bitcoin’s struggle to maintain momentum above resistance levels, with price spikes quickly fading, indicating active selling pressure. He identifies a potential support zone where Bitcoin could stabilize before attempting another breakout. For Van de Poppe, the emphasis is not on deep retracement but rather on the need for time to allow the market to breathe and clear out overextended positions, setting the stage for the next upward movement.

Moreover, this period of consolidation could facilitate a rotation into altcoins, which often outperform when Bitcoin experiences sideways trading rather than sharp declines. As Bitcoin stabilizes, traders typically shift their focus to larger altcoins, such as Ethereum, before exploring smaller tokens. Historically, altcoin rallies gain momentum when Bitcoin’s volatility decreases, rather than during periods of drastic price drops.

In summary, while Davis anticipates a deeper pullback to a supportive price cluster that could rejuvenate the upward trend, Van de Poppe envisions a range-bound phase that might present opportunities for altcoin investments. For everyday readers and traders, the key takeaway is to monitor Bitcoin’s movement—whether it will trade sideways or dip into the crucial $108K to $112K zone. Analysts generally agree that the overarching bullish market framework remains in place, though the path forward may diverge based on how support and resistance levels are navigated in the coming weeks.

“Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards.”

For more information on cryptocurrency trends and insights, visit CoinDesk.

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