Market Jitters Rise As Bitcoin Pulls Back—Is $135K Still Possible?

20 hours ago

Bitcoin has been moving sideways, and traders are starting to suffer patience. The world’s largest cryptocurrency couldn’t clasp caller highs, sparking speech astir whether the marketplace is bracing for a sharper swing. Some analysts accidental the intermission is normal, others pass it could beryllium the calm earlier the storm.

Traders Watch Price Levels Closely

Popular marketplace watcher Daan Crypto Trades pointed retired that Bitcoin’s conflict to prime a absorption isn’t unusual. He noted the coin has been locked betwixt enactment and absorption zones, with neither bulls nor bears taking control. It’s the benignant of setup that often leads to large moves erstwhile 1 broadside gives in.

$BTC August has been beauteous uneventful for Bitcoin truthful far. We’ve seen immoderate question but nary wide absorption arsenic terms consolidates successful this existent range.

Never successful history, has BTC seen some a greenish August and September. We thin to spot a speedy flush followed by an explosive Q4 in… pic.twitter.com/cClxJUG6Vh

— Daan Crypto Trades (@DaanCrypto) August 17, 2025 

Meanwhile, method grounds sends mixed signals. By September 16, 2025, Bitcoin volition reportedly deed astatine slightest $130,266, which is simply a 13.07% summation compared to the erstwhile prediction.

The Fear & Greed Index is presently astatine 60, indicating that greed is connected the menu, portion sentiment indicators are neutral.

In the past 30 days, Bitcoin had 14 greenish sessions retired of 30, and the mean show remained connected the affirmative astatine 1.63%. That isn’t extreme, but it does bespeak that traders are being cautious.

Bitcoin is presently trading astatine $115,058. Chart: TradingView

Analysts Split On What’s Next

There are a fewer investors who judge the existent lull is thing but a breather earlier different rally. They accidental that buying involvement remains high, peculiarly with semipermanent request coming from institutions.

Skeptics, however, judge the latest rejection astatine higher levels is simply a motion of weakness and that different pullback accidental has opened up.

Jitters successful the marketplace ever invitation disorientation, and this infinitesimal is nary exception. A 13% summation sounds exciting, but sentiment whitethorn alteration successful a heartbeat if the Bitcoin terms loses the full enactment level.

Traders are keen to spot if momentum volition prime up oregon if the sideways chop volition continue.

Is It A Good Time To Buy?

Based connected method indicators, reports suggest it whitethorn inactive beryllium a decent introduction point. But timing is tricky. With terms forecasts pointing toward $130K and absorption overhead, the adjacent fewer weeks could determine the short-term trend.

Some spot this arsenic a accidental to accumulate, portion others would alternatively hold for a clearer breakout.

For now, Bitcoin sits successful limbo. Traders are scanning the charts, looking for clues connected whether the way to $135K is inactive live — oregon if the marketplace is mounting up for different surprise.

Featured representation from Adobe Stock, illustration from TradingView

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