Bitcoin Starts September 2025 at $108K Amid Mixed Market Signals
Bitcoin (BTC) begins September 2025 trading at around $108,253, following a challenging August where the leading cryptocurrency experienced a 6.5% decline—the first monthly loss since April. Historically, September tends to be bearish for Bitcoin, with an average loss of -3.77% since 2013 and red closes in 8 of the previous 12 years.
Technically, BTC is approaching strong support zones, notably the 200-day moving average at approximately $104,000 and the psychological round number of $100,000, which also coincides with significant buy orders. These levels are crucial in maintaining investor confidence during potential downward movements.
Interestingly, data shows a record number of whale addresses holding large quantities of BTC, with 19,130 wallets containing 100 or more bitcoins. This accumulation reflects sustained long-term belief in Bitcoin's value despite short-term market fluctuations.
Institutional sentiment appears cautious, evidenced by $751 million in Bitcoin ETF outflows during August. Such withdrawals indicate that some institutional investors are retreating amid market uncertainty.
Analysts remain cautiously optimistic. Some predict BTC could test the $100,000 support level before possibly rebounding strongly and aiming for new all-time highs exceeding $124,500 in the coming weeks.
For crypto enthusiasts and investors looking to navigate this volatile period, platforms like Bitlet.app offer valuable services. Bitlet.app provides a convenient Crypto Installment service, allowing users to purchase cryptocurrencies like Bitcoin immediately and pay in monthly installments instead of one lump sum. This approach can make gradual accumulation easier and reduce the impact of market dips on long-term investment plans.
In summary, while Bitcoin faces a historical and technical testing period this September, strong whale activity and potential rebounds could present buying opportunities. Staying informed and leveraging innovative platforms such as Bitlet.app may help investors manage their crypto portfolios more effectively during this time.
