Bitcoin news today is not looking good for holders. The BTC crash has taken the token down to around $108,600, with a 1.92% drop in the past 24 hours as per CoinMarketCap data.
Over the last week, it has lost about 6%, and in a month, it has fallen nearly 9%. Traders are calling it a real Bitcoin bloodbath, but why is it happening, and is a rebound possible?
Crypto expert Ali Martinez shared that rebound level usually reflects when traders’ realized losses hit around –12%. Right now, losses are only –0.60%, which is far from that painful zone.
Which simply means that in past cycles, the real price increase after a damn good bitcoin crash came only after the market suffered bigger hits.
Here are the main reasons experts believe caused the btc crash news alert:
Profit-taking at $120K: After it touched highs, whales and institutions booked profits.
ETF slowdown: Spot ETF inflows cooled off compared to July and early August, reducing demand.
Macro pressure: A stronger U.S. dollar index and uncertainty around Fed rate cut policy.
Current price: Around $108,483
Trend: Dropped from above $120K, showing a 10% correction
RSI (49): Neutral → neither overbought nor oversold
MACD: Slightly bearish but flattening, meaning sellers are losing strength
Support: $107,000 is critical. If broken, the next stop could be $104,000–105,000.
Resistance: $110,000–112,000 zone is key for any small bounce.
So after Bitcoin price technical analysis as per TradingView chart, it's quite simple that the upcoming prediction will not signal a bullish trend at least in the short run.
There are mixed views on btc price prediction because of the ongoing volatility in the crypto market:
Short Term (1–7 days): Likely sideways between $107,000–110,000.
Mid Term (1–4 weeks): If btc crash holds $107,000 and ETF flows pick up, it may climb toward $115,000–118,000.
Long Term (2–6 months): The structure is still bullish, but cautious remain, and it could aim for $120K, only if technicals take a u-turn.
So while the short-term suggests the bloodbath, the bigger picture suggests hope.
Another analyst, Cyclop, pointed out that September is historically one of the worst months for this token. Data from 2013–2025 shows an average return of –4.35% for September.
Only a few years (2015, 2016, 2021, 2023) ended in green, while most Septembers saw red candles. Traders call this the “September Effect.” Reasons include lower liquidity, seasonal patterns, and profit-taking after summer rallies.
The good news? October is often known as “Uptober,” where the token usually comes back stronger.
Right now, the BTC crash is causing fear, but history shows that such corrections are part of the cycle. The bitcoin crash explained by experts is clear: profit-taking, weak ETF flows, and macro pressure.
If it holds the $107,000 support, a short-term bounce is possible. But if it breaks, it may test $104,000 before moving up again.
Once traders hit deeper losses, history suggests that a real rebound could be around the corner. September might be rough, but October could bring fresh hope.
Disclaimer: This article is for information purposes only. It should not be taken as financial or investment advice.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.