Key Notes
- Bitcoin consolidates beneath $110,000 after Fed’s 25 bps fee lower triggers sell-off.
- Buying and selling volumes drop 48% over the weekend, signaling weak liquidity and heightened draw back dangers.
- Michael Saylor urges renewed BTC shopping for as Technique’s holdings shrink $4 billion in worth.
Bitcoin worth consolidated across the $109,500 mark on Sunday, Sept 28, as market liquidity thinned out over the weekend. Technique CEO Michael Saylor issued one other rallying cry, as BTC derivatives trading metrics and technical indicators pointed to extra draw back dangers forward.
The underwhelming 25 foundation level US Fed rate cut on Sept 18 triggered a seven-day sell-off that pushed BTC beneath $110,000 on Friday, Sept 25, for the primary time in 20 days. Since then, Bitcoin has struggled to reclaim the $110,000 stage, whereas one other 33% decline in buying and selling volumes on Sunday indicators weak conviction for the week forward.
All the time ₿e Stacking pic.twitter.com/XMT5rA0DYL
— Michael Saylor (@saylor) September 28, 2025
Nevertheless, Bitcoin-reserve agency Technique CEO Michael Saylor reaffirmed his bullish stance on X, urging his 4.5 million followers to purchase extra BTC regardless of current volatility.
Amid the continued BTC worth correction section Technique’s whole BTC reserves, 639,835 cash, fell 5% in worth, from $74 billion after its final buy on Sept 22, to $70 billion at press time.
Bitcoin Value Exams $109K as Double High Alerts $100K Reversal Danger
Bitcoin worth motion has taken a downward trajectory because the current Fed determination. Since then, bears have mounted robust resistance close to $110,000, confirmed by repeated rejections over the weekend.
From a technical standpoint, BTCUSD every day chart reveals a double prime formation across the $111,000 to $112,000 vary, with a transparent draw back goal at $100,780. The Relative Energy Index (RSI) has additionally remained close to oversold territory over the previous week, signaling a persistent decline in shopping for strain.
Bitcoin (BTC) Technical Value Evaluation | Supply: TradingView
If BTC fails to reclaim $110,000 within the coming classes, the subsequent essential help lies at $106,500. A decisive break beneath that stage would expose psychological help at $100,000. Conversely, reclaiming $112,000 would invalidate the bearish outlook and open room for a retest of $119,000 resistance, which aligns with the higher Bollinger Band.
In abstract, Bitcoin’s worth outlook stays fragile for the week forward. Technicals warn of a possible retracement towards $100,000 until liquidity improves and demand strengthens. Merchants will intently watch whether or not Saylor’s renewed purchase calls incentivize vital motion from different US-based company actors to stabilize worth motion as September winds to an in depth.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed data however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm data by yourself and seek the advice of with an expert earlier than making any choices based mostly on this content material.
Ibrahim Ajibade is a seasoned analysis analyst with a background in supporting varied Web3 startups and monetary organizations. He earned his undergraduate diploma in Economics and is at present learning for a Grasp’s in Blockchain and Distributed Ledger Applied sciences on the College of Malta.
