Analysis

Will Price Slip Under $100K This September?

Published

2 months ago

August 31, 2025

The cryptomarkt opened the week on shaky soil, with Bitcoin (BTC) struggling to defend the $ 107,000 assist zone. An analyst has warned {That a} bearish divergence that has been round for weeks continues to place strain on the value.

Day by day graph: The Golden Pocket for $ 107K

For now, Bitcoin’s Saving Grace is the $ 107k – $ 108k Golden Pocket. Patrons are used to defend this zone, in order that the market doesn’t break down additional.

If BTC loses this assist each day, the picture adjustments shortly. A breakdown would in all probability convert this zone into resistance, leaving $ 103.5k if the following pillow of the brief time period will likely be left behind. If promoting acceleration, the next targets are between $ 101k and $ 98k.

Alternatively, if Bitcoin succeeds in bouncing in, the highway increased is not going to be simple. $ 109k – $ 110k is the primary impediment, adopted by $ 112k, $ 114.5k and $ 117k. Until BTC knew these ranges, every bounce merely dangers a decrease excessive excessive in a weakening development.

Liquidity knowledge point out the chance

Liquidation knowledge provides one other care layer. Though there are liquidity baggage of round $ 107k and $ 119k, the most important cluster is much under the present degree at $ 91k – $ 92k.

This doesn’t assure that Bitcoin will crash that far, however in burdened markets the prize tends to hunt for liquidity. If Beararish builds strain, a deeper correction can’t be excluded.

Altcoins discover area to breathe

There’s one silver lining. The weak spot of Bitcoin has given Altcoins the chance to shine.

READ Can Realized Cap HODL Waves Identify The Next Bitcoin Price Peak?

The Bitcoin Dominance Chart reveals a relentless withdrawal, which implies that altcoins equivalent to Ethereum (ETH) and XRP maintain the bottom higher than BTC. Ethereum stays locked in a sideways vary, whereas XRP holds on to a supporting trendline that has stored bears beneath management to this point.

So long as Bitcoin Dominance continues to slip, altcoins may carry out on a relative foundation, even when the broader market stays sluggish.