Bitcoin (BTC) starts the second week of September facing crucial resistance as traders maintain downside targets.
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Bitcoin price action coils below $112,000 over the weekend, but fears of a 10% correction or worse are mounting.
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CPI week is here again, and markets are wondering how large next week’s Federal Reserve interest-rate cut will be.
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Data is starting to hint that the institutional “rotation” from BTC to Ether exchange-traded products is over.
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Bitcoin whales bring back the 2022 bear market with mass selling over the past month.
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Binance is in the spotlight over a potential BTC price top warning from market takers.
BTC price worries include sub-$100,000
Bitcoin managed to avoid volatility around its latest weekly close, data from Cointelegraph Markets Pro and TradingView shows.
$112,000 remains a key target among traders hoping for a resistance/support flip.
Analyzing exchange order-book liquidity, popular trader CrypNuevo flagged $106,700 as an important level to the downside.
“If the previous range lows continue to be resistance, price will attempt to hit the liquidation at $106.7k,” he wrote in part of a thread on X Sunday.
As Cointelegraph reported, attention is now focused on how low BTC/USD could drop in a potential capitulation event.
$100,000 is a favorite line in the sand, with Fibonacci retracement levels now confluent with a retest of that level as a “worst case scenario.”
Telegram analytics channel Coin Signals, meanwhile, contributed another, more concerning bottom target of 30% versus Bitcoin’s latest all-time highs.
“Based on cycle’s default correction % and time taken to hit lows from a local top, BTC could see a -30% correction from local top $124k, Bottoming in the last week of SEP or first week of OCT,” part of an X post stated.
Such a scenario would put BTC/USD at around $87,000.
CPI week comes with Fed behind the curve
Some classic US economic data prints are due this week — at a time when markets are already convinced about what lies ahead.
The Producer Price Index (PPI) and Consumer Price Index (CPI) will be released on Wednesday and Thursday, respectively.
Inflation is on the rise, while signs of labor-market weakness are increasing — a headache for the Federal Reserve, but one that markets believe they already know the response to.
Data from CME Group’s FedWatch Tool shows that the odds of the Fed cutting interest rates at its September meeting next week are fully priced in. There is even a fledgling chance of the cut being larger than the minimum 0.25%.
This comes amid growing criticism of Fed policy, which has kept rates steady throughout 2025 while other central banks cut.
“The European Central Bank and the Bank of England have cuts rates 4 and 3 times this year, respectively. The Bank of Canada has cut rates 2 times, as has the Swiss National Bank, which became the first major central bank to bring rates back to 0%,” trading resource The Kobeissi Letter noted on X Monday.
“Meanwhile, the Federal Reserve remains on hold with 0 rate cuts in 2025. US monetary policy is in its own world.”
Recession fears are also swirling, with Kobeissi reporting on a dip in construction spending — something it describes as a “key recession signal.”
“While seasonal trends point to weakness ahead, the longer-term path for the S&P 500 will come down to the economy once the Fed starts cutting rates again,” trading firm Mosaic Asset Company continued in the latest edition of its regular updates series, “The Market Mosaic.”
Mosaic explained that the US needs to avoid recession to fuel stocks, which, together with gold, are currently gaining while Bitcoin lags behind.
“Over the long run, stock prices ultimately follow earnings which is why the economic outlook is critical,” it stressed.
Institutions “re-rotating” into Bitcoin
Buzz around an institutional capital “rotation” from Bitcoin into the largest altcoin Ether (ETH) already appears to be cooling.
🚨 LATEST: US spot ETH ETFs saw its largest weekly outflows last week with $787.7M while BTC ETFs saw a total weekly inflows of $246.4M. pic.twitter.com/jWe4Ach9KJ
— Cointelegraph (@Cointelegraph) September 8, 2025
Last week, inflows to BTC-denominated exchange-traded products (ETPs) ended in positive territory, sharply contrasting with ETH equivalents.
Figures uploaded to X Monday by Andre Dragosch, European head of research at crypto asset manager Bitwise, show Bitcoin ETPs added $444 million in the five days through Sept. 5.
In the same period, Ether ETPs saw net outflows of over $900 million.
“Interesting to see a renewed ‘re-rotation’ from $ETH back to $BTC in terms of global ETP flows last…
cointelegraph.com