Sep 23, 2025
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Bitcoin Faces Potential Drop to $99,000 Amid Market Volatility
Ostium Research's recent analysis highlights a significant selloff in Bitcoin, with prices diving to $111,761 after encountering resistance around mid-$117,000. This event is part of a predicted "window of weakness" expected to persist into early October.
- A mass liquidation event has occurred, involving over $1.6 billion in longs.
- The key support level on the weekly chart is $107k; a close below this could lead to further declines towards $99k.
- If weekly highs at $115.3k are revisited, it might indicate a potential recovery.
- The August open at $115.7k serves as a crucial pivot for reclaiming bullish momentum.
- A reclaim of $112k as support would increase the odds of a higher low, forcing short positions to cover.
- The report outlines both long and short strategies, highlighting a potential squeeze-then-fade path that targets $112k and lower.
- Positioning and derivatives breadth suggest liquidity pockets can quickly shift, influencing near-term market movements.
The expectation is that a retest of $115.3k will determine whether another down-leg or a bear-trap reversal unfolds by quarter-end. Ostium emphasizes a probabilistic approach: if $107k holds, the narrative remains positive, potentially signaling a move higher from early October.
At present, BTC is trading at $113,002.
