Bitcoin Price Drops to $109K — Analysts Remain Optimistic About a Potential Rebound to $120K

Jakarta, Pintu News – In the last 24 hours, the global crypto market fell 3.90% to stand at around $3.78 trillion. Bitcoin (BTC) also dipped below $110,000, signaling market-wide weakness.

Despite being in the red, experienced trader Matthew Dixon sees an opportunity, saying this dip could be an ideal moment for a “buy the dip” strategy that could potentially push Bitcoin to the next leg up.

Bitcoin Price Drops 2.43% in 24 Hours

On August 26, 2025, Bitcoin was trading at $109,734, equivalent to IDR 1,792,236,322, marking a 2.43% drop over the past 24 hours. Within this timeframe, BTC hit a low of IDR 1,781,906,080 and climbed as high as IDR 1,846,151,037.

At the time of writing, Bitcoin’s market capitalization is estimated at around IDR 35,556 trillion, while its 24-hour trading volume has surged 19% to IDR 914.02 trillion.

Read also: Michael Saylor Predicts Bitcoin Could Grow 30% Annually for the Next Two Decades

Bitcoin in Buy-the-Dip Zone

Based on Dixon’s chart analysis, Bitcoin’s current price could be a good opportunity to buy and add to positions. As of August 25, the largest crypto asset is down 3.08% to $110,735.02, while its market dominance has slightly weakened to 58.2%.

Currently, Bitcoin is trading in an important “buy-the-dip” range between $108,000 to $110,000. Dixon emphasizes that as long as Bitcoin stays in this zone, the overall bullish trend is still maintained.

This view is also supported by veteran crypto trader Michael van de Poppe, who thinks the current drop is an opportunity to accumulate BTC. Moreover, the trading volume pattern on the chart reinforces this outlook, hinting that buyers could potentially enter at these levels.

Bitcoin is likely to touch $120K again

What makes Dixon’s analysis different is his calm approach. He doesn’t panic in the face of short-term declines and sees this correction as a natural part of the market cycle.

According to him, “Bitcoin is still in a bullish trend,” and the chart shows that after this correction, the next move could take the price towards $120,000.

For traders, this drop could be an opportunity to buy before the next rise.

Read also: Ethereum Price Prediction: Will ETH Reach $5,500?

Altcoins are falling, but there are opportunities

Dixon also highlighted that Ethereum (ETH) and other major altcoins fell alongside Bitcoin. On August 25, 166,122 traders were liquidated with a total value of $837.79 million.

Even so, broad weakness like this could open up rotation opportunities for traders. Dixon emphasized that the low liquidity in altcoins can make their price movements sharper when buyers come back in.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Bitcoin Drops Below $111k But Expert Sees Rally Toward $120k Soon. Accessed on August 26, 2025