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Bitcoin’s Final Push: Can BTC Smash $124K Before September Clocks Out?

Bitcoin’s Final Push: Can BTC Smash $124K Before September Clocks Out?

Author:
Tronweekly
Published:
2025-09-29 11:30:00
5
1

Bitcoin bulls are racing against the calendar as the $124K target looms large.

The Countdown Catalyst

With just days remaining in September, Bitcoin needs a 40% surge to hit the magic number—a move that would rewrite the record books and leave traditional finance shaking its head.

Market mechanics are screaming volatility. Options expiry, institutional flows, and that ever-present crypto FOMO could fuel the final sprint. Or break it.

Technical barriers stand at $115K, but momentum traders don't read resistance levels—they smash through them. Or crash trying.

Meanwhile, Wall Street analysts who dismissed Bitcoin at $20K are now calculating their bonus projections based on its movement. Funny how six zeros change perspectives.

Whether BTC makes history or settles for being merely revolutionary, one thing's certain: September's finale will be anything but quiet.

Bitcoin

  • Currently, Bitcoin is trading at $109.57 in a bullish trend over the past 24 hours.
  • The technical indicators show September as a weak month as the price drops around 5.5%.
  • Predictions and analysts point to a bullish scenario, hoping for a 5.8% increase in the month-end.

The world’s largest cryptocurrency, Bitcoin (BTC), which was created in 2009, has now become the king of the crypto world. The coin stands out as a scarce and institutionally adopted ” digital Gold” with a fixed supply, which makes the coin different from other altcoins. At press time, Bitcoin is trading at $109.57K with a mini drop from its peak.

Bitcoin’s Rebound after a Mini Drop

According to the current data curated from CoinMarketCap, BTC is in a bullish trend. While analysing the chart, we can see that BTC had a slight drop in the afternoon. It has dropped below $109K and has now recovered the momentum. Current price, which is above $109.52, signals a green or bullish trend in the very short term.

Bitcoin

Source: CoinMarketCap

BTC’s Monthly Performance

According to the TradingView chart, September has been a weak month. At the beginning of September, bitcoin was trading near $116K.Now the current price in today coming to September 28 was around $109.4K, it is roughly a drop of 5.5% for this month

The current support is at $108K, resistance is at $111.9k.While taking the case of indicators price is below the Moving Average.MACD also signals a bearish momentum. The histogram is red, and the blue line is below the orange line, suggesting no bullish crossover in sight.IF the trend remains bearish, BTC has to hold at $108K, which is critical for avoiding a deeper correction.

BTC

Source: Coinmarketcap

Predictions Point to a 5% Increase Before September Closes

According to the forecast from Coincodex, there is a 5.8% chance of an increase in BTC’s price. September 30 is more profitable than others. Bitcoin may reach $115,792 on September 30, as the table shows, which is an increase of 5.8% calculated from the current price ($109,451).

Bitcoin

Source: Coincodex

Analysts Point to a Rebound to $115K

According to crypto analyst Ali charts, Bitcoin might be in a bullish momentum with certain conditions fulfilled. If BTC defends at $107.2, there might be a chance of a rebound to $115K to $123K.In other words, the tweet signals bullish but conditional.

Bitcoin $BTC defending $107,200 could fuel a rebound to $115,000 and even $123,000. pic.twitter.com/LR7OotFMrU

— Ali (@ali_charts) September 28, 2025

In conclusion, analysing the charts and predictions, Bitcoin might overcome the September loss within 30 September with an increase of 5.8% .it might reach $$115,792; it’s unlikely to hit $124K in this month.

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