Personal scenario for Bitcoin in September (2025).
Bitcoin recently reached approximately $124,480 (achieved on August 14, according to Financial Times); Today, Saturday, August 30, we see it at around $108,000.
What could happen in September with the price given the difference of $16,000 from recently?
Projection and forecast for September "Hypothesis".
Optimistic forecast (Scenario 1):
The market consolidates at the $108,000 level, or even slightly falls to a key support (for example, $100,000 or the previous high).
The selling volume decreases and an increase in buying volume is observed.
Bitcoin prepares to break the resistance of $124,000 again, driven by new positive news (for example, institutional adoption, ETF approval, or favorable economic news for risk assets).
Projection: If it breaks $124,000, it could seek new price targets based on Fibonacci extensions, with possible levels at $135,000 or $150,000.
Pessimistic forecast (Scenario 2):
The decline continues and the $108,000 level does not hold as support.
The price falls below key support levels such as $100,000 or the 50-day moving average.
This could be caused by a negative macroeconomic event, a shift in the narrative about cryptocurrencies, or a cascade of liquidations in the derivatives market.
Projection: The price could retreat to lower support levels, with possible targets at $95,000, $85,000, or even lower, in search of a new "floor" or "base".
In conclusion:
"The most likely scenario is one of consolidation, as corrections after an ATH are healthy and necessary for a sustainable bull market. The month of September would be crucial to see if the support holds and if buyers have enough strength to resume the momentum towards new highs".