Bitcoin Price Prediction: BTC Drops to 8-Week Low – Is a Retest of the $90K Level Next?

The Bitcoin price today is $108,532, with a 24-hour trading volume of $74.29 ￰0￱ is down 1.20% in the past day, leaving its market cap at $2.16 ￰1￱ a circulating supply of 19.91 million BTC, traders are weighing whether current weakness signals deeper losses or sets the stage for a ￰2￱ (BTC/USD) Stuck in Descending Channel Bitcoin price prediction remains bearish as BTC can’t escape the downtrend and is trading within a well-defined descending channel on the 2-hour ￰3￱ $108,594, the lower boundary of the channel is being tested, and the 50-period simple moving average (SMA) at $110,787 serves as the ceiling until buyers can reclaim this ￰4￱ then, momentum is ￰5￱ Price Chart –) Breakdown = $103K test, breakout = $115K+ #BTC #Crypto ￰6￱ — Arslan Ali (@forex_arslan) August 30, 2025 Critical levels on the chart include: Immediate Resistance: $110,787 (50-SMA) and $111,350.

Support Levels: $107,335 as the first line of defense, followed by $105,150 and $103,350. Bullish Trigger: A bullish engulfing candle above $111,350 could spark a recovery to $115,700. For now, the TradingView path suggests Bitcoin may remain trapped in a corrective channel, oscillating between $107,000 and $112,000 until a breakout ￰7￱ Outlook and Trade Setup Despite the short term weakness, Bitcoin is still above key psychological levels like $100,000 so the bigger trend is still ￰8￱ of this size are often consolidation before bigger ￰9￱ traders, the playbook is straightforward: Bearish Scenario: Sell rallies below the 50-SMA with stops above $112,000, targeting $105,150–$103,350.

Bullish Scenario: Enter longs above $111,350 with upside targets at $115,700 and $118,000. Longer term, Bitcoin’s structure still supports the possibility of a push back toward $130,000 once macro conditions improve and capital flows ￰10￱ the market is currently tilted toward sellers, dips into strong support zones may offer strategic accumulation opportunities for those betting on Bitcoin’s next bullish ￰11￱ Bitcoin Hyper ($HYPER) Combines Bitcoin Security With Solana Speed Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM). Its goal is to expand the Bitcoin ecosystem by enabling lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin ￰12￱ combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp ￰13￱ team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its ￰14￱ is building ￰15￱ presale has already crossed $12.7 million, leaving only a limited allocation still ￰16￱ today’s stage, HYPER tokens are priced at just $0.012825—but that figure will increase as the presale ￰17￱ can buy HYPER tokens on the official Bitcoin Hyper website using crypto or a bank ￰18￱ Here to Participate in the Presale