Binance Founder CZ Says “Maybe We Haven’t Hit the Real Bull Market Yet”
The spotlight remains firmly on Bitcoin price watch updates, as BTC continues to trade near critical resistance. On September 22, 2025, Bitcoin was priced at $112,686, giving it a market capitalization of $2.24 trillion. Its 24-hour trading volume stood at $51.67 billion, reflecting sustained interest amid heightened volatility.
Bitcoin’s Technical Setup
Bitcoin’s recent rally has pushed it closer to a make-or-break zone, with technical indicators flashing mixed signals. The Relative Strength Index (RSI) is hovering near neutral, suggesting that momentum could swing either way.
Meanwhile, the 50-day moving average (MA) is converging with the 200-day MA, creating the potential for a golden cross, historically considered a bullish event. However, failure to maintain support at $110,000 could signal a pullback.
Institutional Flows Add Fuel
Recent ETF inflows continue to support Bitcoin’s resilience. Last week, spot Bitcoin ETFs ended a six-day outflow streak, recording $219 million in inflows. This resurgence signals that institutional investors remain confident in BTC’s long-term trajectory, even as short-term volatility persists.
Analysts note that continued ETF demand could provide the liquidity needed for Bitcoin to attempt a breakout above $115,000, setting the stage for a run toward $120,000.
Macro Factors in Play
Bitcoin’s price action is also influenced by broader macroeconomic dynamics:
- Federal Reserve policy: After the recent dovish remarks at the Jackson Hole Symposium, traders are increasingly betting on rate cuts in Q4.
- Tariff and inflation risks: Earlier sell-offs were triggered by new U.S. tariffs and inflation concerns, showing Bitcoin’s sensitivity to macro shocks.
- Global adoption trends: Institutions like BBVA integrating Bitcoin custody in Europe further legitimize BTC as a reserve asset.
Bullish and Bearish Scenarios
- Bullish case: A clean breakout above $115,000 could send BTC quickly toward $120,000–$125,000, with stronger momentum on ETF support.
- Bearish case: If $110,000 fails, traders warn of a potential slide toward $105,000, which aligns with the lower Bollinger Band.
This crossroads makes the current Bitcoin price watch critical for both short-term traders and long-term holders.
What It Means for Investors
For long-term investors, Bitcoin’s $2.24 trillion market cap underscores its role as a macro hedge and store of value. However, short-term participants must be cautious, as volatility could intensify ahead of the next Fed rate decision and continued geopolitical uncertainty.
Bottom Line
Bitcoin is once again at a technical crossroads. With institutional flows strengthening and macro shifts favoring risk assets, the next move could define whether BTC tests new highs above $120,000 or consolidates lower before another attempt.
