Will Bitcoin (BTC) Continue to Strengthen? Check out the following analysis!

Jakarta, Pintu News – After moving in a narrow price range for some time, Bitcoin (BTC) is now showing signs of making a comeback. This week, the cryptocurrency managed to close above a critical level, which was previously feared to bring the price down even lower. However, analysts warn that volatility is likely in the coming days.

Bitcoin (BTC) Held at Critical Weekly Support

Bitcoin (BTC) has been moving in a localized range between $108,250 to $111,140 since the beginning of the month. Despite showing mixed signals since the second half of August, the currency failed to hold the critical $109,000 level the previous week.

Rekt Capital analysts stated that Bitcoin (BTC) is showing “early signs of weakness” and could experience bearish confirmation if it fails to hold these levels in the weekly timeframe. However, in recent days, Bitcoin (BTC) managed to reach the high of the range and closed the week around $111,137, avoiding a potential decline in the short term.

Also Read: Solana (SOL) Strengthens, Can the Trend Continue in September 2025?

New Key Pivot Points for Bitcoin (BTC)

According to Rekt Capital, Bitcoin’s (BTC) test of this level as resistance will depend on the Inverse Head and Shoulders pattern formed on the daily timeframe, with the $113,000 area as the neckline of the pattern.

A daily close above this level could set Bitcoin (BTC) up for a potential post-breakout retest from this zone, which would trigger a rally towards a key weekly resistance level. Ali Martinez also asserted that breaking $113,000 would put the cryptocurrency “on track for $116,000 and possibly $119,000.”

Potential Volatility Ahead of US CPI Data

Bitcoin (BTC) tried to break out of the key area on Tuesday morning, touching the $113,000 mark before returning to $110,000. However, Ted Pillows warned that the cryptocurrency could face some volatility in the coming days due to the US CPI data to be released on September 11.

He emphasized that the last three CPI data resulted in a 9%-11% price drop for Bitcoin (BTC), with August showing the biggest decline in recent months. A similar correction could bring the price of Bitcoin (BTC) down to the $100,000 mark, which has not been seen since June.

Conclusion

With all the dynamics at play, the cryptocurrency market, particularly Bitcoin (BTC), continues to show that volatility is an integral part of this investment. Investors and market watchers should continue to be vigilant and pay attention to key indicators that could influence Bitcoin (BTC) price movements going forward.

Also Read: ALtcoin Flock (FLOCK) Price Surges 219% After Listing on Coinbase & Upbit!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin Breakdown Averted, Analyst Says This Level Will Determine BTC’s Fate. Accessed on September 10, 2025