Bitcoin ($BTC) has recently witnessed a notable price decrease. As per the new market data, Bitcoin has plunged below the $110K mark, increasing apprehensions among analysts and traders concerning market fatigue. Following a robust price uptrend over the recent months during the year 2025, the flagship crypto coin is currently presenting indications of a market cooldown.
Bitcoin Dips Below $110 Mark While Price Performance Shows Indications of Fatigue
Bitcoin ($BTC) has been presenting notable fluctuation during past several weeks. However, over the last week, the price had been gradually rising after dropping to the $100K. Particularly, after surging to the height of $110,561.41, the price has dramatically dipped below the $110K mark.
At the moment, the price of the top crypto asset is $109,583. This figure denotes a rise of 3.65% increase over the past 24 hours. In addition to this, the respective price level accounts for a 3.84% jump over the past week. Moreover, the 1-month performance of Bitcoin presents a 5.32% price upsurge.
However, the dip below the $110K spot is cautious and highlights the potential continuation of the downturn on the live price chart. Until Monday, the price of Bitcoin ($BTC) had been gradually rising. Nonetheless, during the latest 24-hour window, the prominent crypto asset has begun unfolding a downtrend. Hence, the investors need to be careful amid the expectations of a further price decline.
Long-Term Outlook Remains Intact Irrespective of Short-Term Drop
Keeping this in view, although the short-term pullback is concerning, the long-term outlook of Bitcoin ($BTC) stays strong. Even then, the latest dip raises the possibility of a continuity in the price slump. Thus, the upcoming weeks are going to be crucial in gauging the overall market direction of Bitcoin in the future.
