$BTC Here is a precise summary of the key news and analyses for Bitcoin (BTC) on September 7, 2025:
Current Price
Current price: around $110,542, a slight decrease (~-0.22%) from the previous close; highest price during the session ~$110,991, and lowest price ~$110,017.
Key News and Analyses
1. Potential Reversal Signals
A bearish "Doji" candle appeared at ~$110,700, indicating weakness in bullish momentum and may lead to further decline towards support areas at $104,000–100,000. The worst-case scenario could involve a drop to $78,000–$95,000 if a negative head and shoulders pattern forms.
2. Support from Weak U.S. Jobs Data
Weaker-than-expected U.S. employment data supported interest rate declines, which may boost upward movements for Bitcoin despite the price falling below $110K.
3. Positive Technical Signals in the Short Term
Technical analysis shows consolidation at the support level ~$107,255, with a target for a rise to $116K–$118K in the coming weeks if momentum continues.
4. Mixed Expectations: Support or Resistance
Some forecasts suggest that Bitcoin is experiencing a traditionally weak month (average loss ~-3.8%), but October and November often see a strong recovery (up to +30–38%). Strong support around $105K–$110K, with the potential to rise to $120K–$160K by the end of the year.
5. Key Resistance and Alternative Fronts
Technical resistance is located at $112K–$115K,