Bitcoin Price Prediction: Will BTC Break $112K or Fall Back to $108K?
After a volatile August, Bitcoin (BTC) is currently trading near $109,700, stuck between the $112K resistance and $108K support levels. The cryptocurrency’s price action has been cooling off, but institutional accumulation continues, suggesting a positive long-term outlook despite short-term uncertainty. In this article, we will delve into the current Bitcoin price scenario, exploring the potential for a breakout above $112K or a breakdown below $108K.
Looking at the 1-day chart, Bitcoin’s price is holding steady, with $112K acting as resistance and $108K-$109K serving as a solid floor. 
BTC 1-day chart, September 2025 | Source: crypto.news
Bullish Catalysts for Bitcoin Price
A breakout above $112K could flip the script for Bitcoin, potentially opening the door to $116K-$118K in the short term. The next big psychological level is $120K, a number that holds weight from both a technical and historical perspective. On-chain data supports a bullish case, with long-term holders remaining in profit and their spending remaining low, often a signal of confidence in future gains. Additionally, Bitcoin ETF products continue to attract inflows, reducing circulating supply and applying upward pressure on price.
If the Federal Reserve adopts a more dovish tone in upcoming meetings, risk assets like Bitcoin could benefit. A pause or rate cut would likely weaken the U.S. dollar and drive capital into alternative stores of value, adding to BTC’s bullish projection for Q4. According to a report by crypto.news, institutional buying hasn’t slowed, showing long-term conviction in the face of short-term uncertainty.
Downside Risks
However, failure to break above $112K could invite renewed selling pressure. In this scenario, BTC may retest the $108K-$109K support zone. A clean break below this range would likely lead to a deeper pullback, with downside targets at $105K to $103K. Broader macro headwinds, including continued rate uncertainty, weak equity markets, or a stronger U.S. dollar, could cap Bitcoin’s upside momentum and tilt the balance toward risk-off behavior.
Bitcoin Price Prediction Based on Current Levels
At present, Bitcoin (BTC) is trading within a key $108K-$112K range. A breakout above $112K would signal bullish continuation, with potential to reach $116K-$118K and even $120K under favorable macro conditions. Conversely, a breakdown below $108K could initiate a bearish continuation pattern, potentially exposing BTC to $105K or lower.
Conclusion
Bitcoin’s trading in a pressure cooker, with levels tightening and macro conditions still in flux. The expectation is for a breakout or breakdown in the days or weeks ahead. At the moment, the BTC price forecast remains neutral, with everyone watching for a clear signal. For the latest Bitcoin price predictions and crypto news, visit https://crypto.news/bitcoin-price-prediction-can-btc-break-112k/
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
