Analysis: Bitcoin faces critical support test, may form a double bottom at $112000 According to Foresight News, according to Bitcoin Vector analysis, Bitcoin is currently in a critical position, and if the price can form a higher and lower point in the range of $114000 to $115000, it may maintain an upward structure; If it falls below, it may reach a double bottom of 112000 US dollars. It pointed out that since the significant decline in August, the structure has turned significantly bearish (-0.84), and the best signal is close to zero, indicating a lack of directionality in the market, with adjustments only made at the macro and leverage levels. Currently, Bitcoin is oscillating and consolidating under bearish pressure, and if it cannot maintain support, it may further decline.