Bitcoin ( BTC ) extended its losses on Friday, September 26, trading as low as $108,631 as U. S. second-quarter gross domestic product (GDP) growth revision dampened hopes for more aggressive Fed rate 0 Bitcoin exchange-traded funds ( ETFs ) also took a blow, recording over $253 million in outflows on Thursday, September 25, bringing the total number for the week to roughly $480 million, a figure expected to rise further if prices slide below key support 1 things stand, resistance lower than $112,000 ‘isn’t great’ for the cryptocurrency , warned leading crypto analyst Michaël van de Poppe in a social media post on Friday 2 at the data from the past quarter, van de Poppe predicted that a failure to break out could see the world’s largest crypto sink toward the $107,000 level, a zone he thinks is ‘the first area for a potential bottom on BTC.’ “Basically, beneath the resistance at $112K isn’t great for Bitcoin.
That’s why I think we’ll sweep the lows at $107K and see what we’re going to get from there. That’s the first area for a potential bottom on BTC ,” wrote the analyst on 3 analysis.) September 26, 2025 Looking ahead, traders are focused on upcoming 4 5 PMI readings and weekly jobless claims scheduled for September 30 and October 2, respectively, could set the tone for the Fed’s next move, either reviving risk appetite or intensifying pressure to test whether the recent plunge is a bull-cycle pause or the start of a deeper 6 image via Shutterstock
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