Current Price: $108,873.67 (as of September 1, 2025, 7:35 PM PKT)
Key Levels to Watch:
- Support Level: $100,000 - Bitcoin's structure remains bullish above this level.
- Resistance Level: $112,000 - Reclaiming and holding above this level would confirm a bullish trend.
Market Analysis:
- Weekly Demand Zone: Bitcoin is currently sitting around its weekly demand zone, potentially a good area for buy setups.
- Daily Chart: The daily chart shows a bearish trend, with bears in control below $112,000.
- Potential Support: Bitcoin might find support around the weekly demand zone and move higher.
September Market Expectations:
- Historically, September has been bearish for crypto, but recent drops might have already priced in this bearishness.
Given these factors, Bitcoin seems likely to find support around the current weekly demand zone. Watching the $112,000 level is crucial, as reclaiming it would be a strong bullish signal.
Expert Predictions for 2025:
- Galaxy Digital: Up to $185,000
- VanEck: $180,000 for 2025 and $1 million in the long term
- Pantera Capital: $148,000 and $740,000 by 2028
- Fidelity: $1 billion by 2038-2040
These predictions suggest a potentially bullish outlook for Bitcoin in the long term ¹.
