Cryptocurrency Update: Current Stalemate in BTC Prices, Anticipated Harsh Corrective Action in September
In the cryptocurrency market, September 2025 is shaping up to be an interesting month for Bitcoin (BTC) investors. According to technical analysis and predictions from experts, the digital currency is expected to consolidate within a narrow range of approximately 8%, with an average forecast price near $122,377.
This predicted trading range is roughly $118,735 to $126,020, suggesting a period of price stabilization within this band. However, there is a potential for a steep correction if Bitcoin fails to hold a critical support level around $119,000. Should this happen, downside risk targets include a drop to about $108,000 or even lower, possibly reaching near $100,000 if bearish momentum strengthens.
On the other hand, several prominent analysts predict strong upward momentum. Major financial institutions and experts foresee Bitcoin surging toward $140,000 to $200,000 or higher by the end of 2025. This bullish trend could potentially break resistance levels near $124,000–$126,000, implying that the consolidation may precede a major rally rather than a sustained decline.
Meanwhile, Ethereum, the second-largest cryptocurrency, reached $4,700 last week but has since slipped and remains above its summer lows.
Crypto trader Doctor Profit, who accurately predicted Bitcoin's pump to $123,000 and subsequent drop last week, has warned that "the herd will panic" in September. He also urges traders to position themselves for shorts in September, suggesting a strong correction in Bitcoin is imminent.
As of now, Bitcoin is trading at $115,670, down 2.1% in the last 24 hours and 5% during the week. Despite the recent downturn, Bitcoin remains up nearly 95% year-over-year.
Investors should watch the $119,000 support closely as a pivotal level that will likely dictate whether Bitcoin enters a consolidation/stable phase or experiences a steep correction to lower levels. Meanwhile, the growing ETF inflows and macroeconomic tailwinds contribute to strong upside potential later in 2025.
[1] Source: Material Indicators trading signals provider [2] Source: Various major financial institutions and experts [3] Source: Doctor Profit's predictions communicated to his followers [4] Source: Macroeconomic factors and reduced supply on exchanges [5] Source: Institutional inflows, notably from ETFs
- The bullish trend predicted by major financial institutions and experts could potentially break Bitcoin's resistance levels near $124,000–$126,000, suggesting a possible consolidation before a major rally.
- According to Doctor Profit's predictions, there might be a strong correction in Bitcoin in September, implying a potential drop to around $108,000 or even lower, as the herd may panic during that period.
- Despite the recent downturn, Bitcoin remains up nearly 95% year-over-year, indicating a robust performance despite volatile price changes.
- Macroeconomic factors and reduced supply on exchanges could contribute to strong upside potential later in 2025, providing opportunities for investors and traders in the crypto market, particularly in DeFi and blockchain-based finance technologies.
