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Bitcoin Price Today hovers near $111,000, correcting from the recent $124,000 high.
Strong support lies at $100,000, with resistance around $116,000.
Bitcoin ETFs grow rapidly, nearing gold ETFs in total assets.
Bitcoin price today is trading at around $111,444. The price has seen a small intraday movement of about 0.006 percent, with the highest level of the day reaching $111,664 and the lowest dipping to around $109,378. This shows that the market is moving within a narrow range for now.
Compared to the recent all-time high of about $124,500, the Bitcoin price has fallen by nearly 14 percent. The decline has brought the price close to a seven-week low near $107,400. Analysts note that this decline shows that the market euphoria seen earlier in the year is cooling down. Some long-term holders have started distributing their coins, which is often seen near the top of a cycle.
The zone between $112,000 and $116,000 has become an important resistance area. If the price manages to break this level, it could open the way for a new rally. On the other hand, the area around $100,000 to $101,000 is acting as a strong support. If Bitcoin breaks below this range, the next levels to watch would be closer to $95,000.
Other analysts point to a Bitcoin price prediction of $93,000 to $95,000 if selling pressure continues. A drop below $110,000 has also been highlighted as a key psychological and technical point, meaning investors are closely watching whether the price can hold above that round number.
Charts on the daily and shorter four-hour time frames show mixed signals. While the momentum has slowed down after the recent rally, buyers are still attempting to reclaim higher ground.
September has often been a difficult month for Bitcoin historically. Data shows that the average return in this month is around −3.33 percent, and there were six straight years between 2017 and 2022 where Bitcoin closed September in the red.
In August, the price fell by about 6.5 percent, beginning in September at $108,253. That decline has raised concerns that the pattern of weakness may continue this month. However, history also offers a different perspective. In September 2023 and 2024, Bitcoin actually finished in positive territory, with 2024 delivering gains of over 7 percent.
Forecasts for this month show a wide trading range. One set of projections places the possible low near $111,385 and the high near $125,515, with an average around $118,450. Another outlook suggests a range between $108,000 and $125,000, with an average closer to $119,000. Both highlight that $100,000 remains the key support to watch.
There are also strong bullish factors that could push Bitcoin higher. Some forecasts suggest that Bitcoin may reach $140,000 to $150,000 by the fourth quarter of 2025. This view is supported by expectations of Federal Reserve interest rate cuts, heavy inflows into Bitcoin exchange-traded funds (ETFs), and major corporate treasuries continuing to add Bitcoin to their balance sheets.
Bitcoin price news and global financial factors are also contributing. Rising US national debt, which is now close to $37.3 trillion, along with bond market disruptions, are pushing more investors to seek assets that can hold value against inflation. Over the last three days, Bitcoin has gained about 4.2 percent, showing that demand is still present despite recent corrections.
Data from Net Unrealized Profit and Loss metrics suggest the market is in the middle of a bull cycle. Futures traders are using higher leverage, which shows growing confidence even as spot prices remain under pressure.
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In mid-August, Bitcoin set a new all-time high of $124,290.93, which was reached about 68 days earlier than in previous halving cycles. This early peak highlights the possibility that the current cycle may be unfolding faster than expected.
Bitcoin ETFs are also expanding rapidly, with assets under management nearing $160 billion. For comparison, gold ETFs currently hold about $180 billion. The fact that Bitcoin funds are approaching the size of gold funds shows how much Bitcoin is maturing as an asset class and how it is being accepted by traditional investors.
Optimism is also being driven by treasury inflows and a weak US jobs report, both of which suggest that Bitcoin could test levels around $125,000 in the near term. However, not all views are bullish. Some analysts warn that, based on the traditional four-year cycle, a bear market could start as early as October. If that happens, the price might fall toward $50,000 by October 2026.
Psychological factors also play a big role. Fear of missing out continues to drive some investors into the market, while others are reminded to proceed with caution and maintain a diversified strategy.
Some market experts even look beyond the short-term cycles. Analysts like Harry Dent have suggested that Bitcoin could disrupt the global financial market, which is valued at more than $630 trillion. This is based on the idea that Bitcoin offers a new and democratized way of holding and transferring wealth, separate from traditional banking systems.
Also Read - Why Bitcoin, XRP, and Solana are Rising Again in 2025
Bitcoin currently trades in the range of $111,000 to $112,000, after correcting from its all-time high of around $124,500. The immediate resistance lies between $112,000 and $116,000, while strong support is at $100,000 to $101,000, with deeper floors around $95,000.
September remains a tricky month, often associated with weak performance, though the possibility of a recovery cannot be ruled out. Forecasts place the price anywhere between $108,000 and $125,000, with averages around $118,000 to $119,000.
The bullish case points to inflows from institutional investors, growing ETF demand, and global economic pressures that favor Bitcoin as a hedge. This could push the price toward $140,000 to $150,000 by year-end. The bearish case warns of a cycle downturn, possible regulatory challenges, and seasonal weakness, with risks of a decline to $100,000 or lower if support breaks.
The market remains at a crossroads during this month. Whether Bitcoin moves toward new highs or enters a deeper correction will depend on the balance between institutional demand, macroeconomic factors, and investor sentiment.
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