Bitcoin ($BTC) Today Price Update 📊
$BTC Bitcoin (BTC) is trading at approximately $99,887.18 USD, with a market cap of $1,979.71B USD and a 24-hour trading volume of $78.06B USD, reflecting a 4.18% increase in the last 24 hours. Over the past week, BTC has shown a 2.67% upward trend, though it experienced a 0.88% decline over the last month, indicating some volatility. The current price is below its all-time high of $124,517 reached in July 2025. ✅
🔥 Market Sentiment and Technical Analysis
Short-Term Outlook: On a four-hour chart, Bitcoin is trending bullish with the 50-day moving average sloping upward, suggesting a strong short-term trend. However, the 200-day moving average has been declining since February 9, 2025, indicating a weaker long-term trend. The Relative Strength Index (RSI) is in the neutral 30-70 zone, suggesting the price could remain stable for now. Resistance levels are stacked at $110,900, $112,500, $113,400, and $115,000, while support levels are near $108,000, $107,400, and $106,500.
September Forecast: Analysts predict Bitcoin could trade between $104,000 and $115,000 in September, with potential to reach $120,000 if it breaks the $112,500–$113,500 resistance zone. A drop below $104,000 could see prices test $100,000–$102,000, viewed as a buying opportunity. Changelly forecasts a minimum of $108,802 and a maximum of $124,283 for September, with an average around $119,470.90. ✅
Historical Context: September has historically been weak for Bitcoin, averaging -3.77% returns since 2013, with eight of the past 12 years closing red. However, 2025’s unique factors—such as institutional adoption and post-halving scarcity—may challenge this “Red September” trend.
🔥 Key Influences
Institutional Adoption: Institutional interest remains strong, with 995,000 BTC (~4.5% of supply) held by top corporations and ETF inflows absorbing 2.4x mining output since April 2025. BlackRock’s iShares Bitcoin ETF holds $65B in BTC, and spot ETF approvals have injected $50B in liquidity, reducing volatility by 75% compared to 2023. Whale accumulation is at a record high, with 19,130 addresses holding 100+ BTC.
Macro Factors: Expectations of a Federal Reserve rate cut in September are boosting demand for risk assets like Bitcoin. However, Bitcoin’s 0.65 equity beta and correlation with U.S. equities suggest that a broader market downturn could cap near-term gains. Geopolitical tensions, like the Israel-Iran conflict, may introduce volatility but could reinforce Bitcoin’s role as a hedge.
Regulatory Developments: The U.S. Senate’s GENIUS Act, which mandates full cash/T-bill backing for stablecoins, could redirect capital to Bitcoin, though it may reduce DeFi liquidity. The SEC’s 2025 agenda proposes clearer crypto regulations, potentially benefiting Bitcoin. Trump’s pro-crypto policies, including a Strategic Bitcoin Reserve, have increased confidence, with 23% of U.S. non-owners citing it as a positive factor.
🔥 Risks and Opportunities
Risks: A failure to hold the $100,000 support level could signal a deeper correction, potentially to $50,000 by October 2026 if the four-year cycle pattern holds. ETF outflows ($751M recently) and a 13% decline in network activity pose short-term challenges. A post-quantum BIP could freeze 25% of supply if not addressed, creating a technical overhang.
Opportunities: Bullish forecasts for 2025 range from $150,000 to $200,000, driven by ETF inflows, institutional buying, and post-halving supply constraints. Some analysts, like Apsk32, suggest Bitcoin could hit $220,000 by following gold’s market cap trends. Long-term holder accumulation and a rebounding MVRV Z-Score (1.43) indicate a potential local bottom, setting the stage for a rally.
🔥 Sentiment on X
Recent posts on X reflect mixed sentiment. @BitcoinMagazine highlights the near-94.85% issuance of Bitcoin’s total supply, emphasizing its digital scarcity. Market fear but sees potential for a rally to fill a CME gap at $117,000. Institutional moves, like a $686B U.S. bank offering Bitcoin custody and Strategy buying 3,081 BTC for $357M, signal strong accumulation.
🔥 Conclusion
Bitcoin’s current price action suggests consolidation, with potential for a breakout above $115,000 or a dip to $100,000–$102,000 in September. Institutional adoption, ETF inflows, and macro tailwinds support a bullish outlook, but historical September weakness and macro risks warrant caution. Monitor ETF flows, Fed policy, and the $104,000–$115,000 range for key signals. Always conduct your own research, as crypto markets are highly volatile.
#BTCvsETH #Write2Earn
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#BitcoinDunyamiz
🔥 Market Sentiment and Technical Analysis
Short-Term Outlook: On a four-hour chart, Bitcoin is trending bullish with the 50-day moving average sloping upward, suggesting a strong short-term trend. However, the 200-day moving average has been declining since February 9, 2025, indicating a weaker long-term trend. The Relative Strength Index (RSI) is in the neutral 30-70 zone, suggesting the price could remain stable for now. Resistance levels are stacked at $110,900, $112,500, $113,400, and $115,000, while support levels are near $108,000, $107,400, and $106,500.
September Forecast: Analysts predict Bitcoin could trade between $104,000 and $115,000 in September, with potential to reach $120,000 if it breaks the $112,500–$113,500 resistance zone. A drop below $104,000 could see prices test $100,000–$102,000, viewed as a buying opportunity. Changelly forecasts a minimum of $108,802 and a maximum of $124,283 for September, with an average around $119,470.90. ✅
Historical Context: September has historically been weak for Bitcoin, averaging -3.77% returns since 2013, with eight of the past 12 years closing red. However, 2025’s unique factors—such as institutional adoption and post-halving scarcity—may challenge this “Red September” trend.
🔥 Key Influences
Institutional Adoption: Institutional interest remains strong, with 995,000 BTC (~4.5% of supply) held by top corporations and ETF inflows absorbing 2.4x mining output since April 2025. BlackRock’s iShares Bitcoin ETF holds $65B in BTC, and spot ETF approvals have injected $50B in liquidity, reducing volatility by 75% compared to 2023. Whale accumulation is at a record high, with 19,130 addresses holding 100+ BTC.
Macro Factors: Expectations of a Federal Reserve rate cut in September are boosting demand for risk assets like Bitcoin. However, Bitcoin’s 0.65 equity beta and correlation with U.S. equities suggest that a broader market downturn could cap near-term gains. Geopolitical tensions, like the Israel-Iran conflict, may introduce volatility but could reinforce Bitcoin’s role as a hedge.
Regulatory Developments: The U.S. Senate’s GENIUS Act, which mandates full cash/T-bill backing for stablecoins, could redirect capital to Bitcoin, though it may reduce DeFi liquidity. The SEC’s 2025 agenda proposes clearer crypto regulations, potentially benefiting Bitcoin. Trump’s pro-crypto policies, including a Strategic Bitcoin Reserve, have increased confidence, with 23% of U.S. non-owners citing it as a positive factor.
🔥 Risks and Opportunities
Risks: A failure to hold the $100,000 support level could signal a deeper correction, potentially to $50,000 by October 2026 if the four-year cycle pattern holds. ETF outflows ($751M recently) and a 13% decline in network activity pose short-term challenges. A post-quantum BIP could freeze 25% of supply if not addressed, creating a technical overhang.
Opportunities: Bullish forecasts for 2025 range from $150,000 to $200,000, driven by ETF inflows, institutional buying, and post-halving supply constraints. Some analysts, like Apsk32, suggest Bitcoin could hit $220,000 by following gold’s market cap trends. Long-term holder accumulation and a rebounding MVRV Z-Score (1.43) indicate a potential local bottom, setting the stage for a rally.
🔥 Sentiment on X
Recent posts on X reflect mixed sentiment. @BitcoinMagazine highlights the near-94.85% issuance of Bitcoin’s total supply, emphasizing its digital scarcity. Market fear but sees potential for a rally to fill a CME gap at $117,000. Institutional moves, like a $686B U.S. bank offering Bitcoin custody and Strategy buying 3,081 BTC for $357M, signal strong accumulation.
🔥 Conclusion
Bitcoin’s current price action suggests consolidation, with potential for a breakout above $115,000 or a dip to $100,000–$102,000 in September. Institutional adoption, ETF inflows, and macro tailwinds support a bullish outlook, but historical September weakness and macro risks warrant caution. Monitor ETF flows, Fed policy, and the $104,000–$115,000 range for key signals. Always conduct your own research, as crypto markets are highly volatile.
#BTCvsETH #Write2Earn
#USNonFarmPayrollReport
#BitcoinDunyamiz
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
110,168.26
-0.98%