Key points:
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Bitcoin’s price is playing tug-of-war between bulls who say “to the moon!” and bears who swear, “nah, to the basement!” as traders jockey for their end-of-month crystal-ball price targets.
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The wildest bet? Bitcoin crashing down to $107,000 or even lower before deciding to behave like a rebound child.
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Volatility’s mood ring is flashing bright, because the Bollinger Bands have squeezed tighter than my jeans after Christmas dinner.
Bitcoin (BTC) was basically stuck in traffic at Wall Street on Wednesday, with traders squinting suspiciously at a colossal $17.5 billion options expiry looming like that terrifying “reply all” email no one wants to open.
BTC Price Targets: $107,000 or Bust?
CryptoMoon Markets Pro and TradingView data had BTC/USD teasing new lows like a moody teenager refusing to get out of bed.
The pair flirted with $111,115 on Bitstamp earlier (because why text when you can play games?), then casually bounced back to $113,000-neither bulls nor bears could decide who’s in charge.
Market spectators, freshly armed with popcorn 🍿, still predict Bitcoin will take a little dip dive before it remembers how to swim back up.
Crypto investor and occasional market psychic Ted Pillows took to X (formerly Twitter, formerly everywhere) to put a finer point on the drama:
“In just 2 days, $17,500,000,000 in Bitcoin options expire with a max pain at $107,000. History shows BTC loves to flirt with max pain during these monster expiries. So buckle up, I reckon there’s still a big slide before the rebound party.”
Meanwhile, popular trader BitBull popped in with a “been there, done that” vibe, comparing this circus to Q1 2024’s bullish treadmill.
“BTC’s on the same seesaw as before,” he declares.
“The long-term vibe’s still ‘up, up, and away,’ but expect some ‘hold my coffee’ corrections. Don’t be shocked if Bitcoin dips into the $103K-$105K club before the bounce-back.”
Just the day before, BitBull warned that the big whales might be scheming to shove the price below its 100-day EMA at $111,900, because who doesn’t love a little “max pain” drama? 🐋
Brace Yourselves: Big Bitcoin Moves Loom Within a Week
Meanwhile, veteran trader Daan Crypto Trades whipped out the historical receipts to predict an especially spicy end to September-which, surprise surprise, is Bitcoin’s usual “off” month.
About $113,000 resistance, Daan wrote cheekily:
“Flip this local resistance and we’re talking reversal roulette. Right now, the weekly candle isn’t showing much belly above $113K, which means… well, expect fireworks.”
Then he dropped the stats bomb:
“The weekly price range (low to high) is the tightest it’s been in two years. Translation: something’s gotta give. Either $111K lows or $115.3K highs will get broken by week’s end.”
Monthly charts are whispering the same secret-BTC/USD’s about to whip out its narrowest monthly candle in over two years. A minimalist, if you will.
“So,” said Daan, flashing his crystal ball, “keep your eyes peeled for signs of strength or weakness-because this week/month could make or break your portfolio spirit.”
Bitcoin weekly Bollinger Bands are officially the tightest in the entire history of BTCUSD price action
– Tony “The Bull” Severino, CMT (@TonyTheBullCMT) September 23, 2025
Meanwhile, the Bollinger Bands themselves are clenching tighter than a nightclub’s door on a Saturday night-signaling we’re in for one heck of a Bitcoin rollercoaster soon.
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2025-09-24 17:57