They argue that the current consolidation reflects fading momentum after Bitcoin’s record high of $124,100 in August. The pullback has pushed the price below the entry range of recent buyers between $108,000–116,000, which adds pressure to the market.
As of writing, Bitcoin has managed to recover to around $116,600.
The rebound comes ahead of the Federal Reserve’s rate announcement, with markets fully expecting a policy cut — a move that could fuel another leg of the rally.
Crypto exchanges Bitfinex analysts also stressed that historically, Q4 tends to favor crypto. Since 2013, Bitcoin’s average return during this period has been an impressive 85.42%.
How the Market Could React
Fundstrat co-founder and BitMine chairman Tom Lee predicted a “major rally” for Bitcoin and Ethereum next quarter, pointing to the Fed’s first rate cut of the year as the key trigger.
The Fed will cut rates in just 2 days.
— Ted (@TedPillows) September 15, 2025
JP Morgan and other big analysts are expecting a market dump before reversal.
Scenario 1: $BTC will dump towards $104,000 level before reversal.
Scenario 2: Bitcoin will dump towards $92,000, which also has a CME gap before reversal and a… pic.twitter.com/Pq08pjMABR
On the other hand, crypto analyst Ted Pillows sketched out two corrective paths: a drop to $104,000 or even $92,000 before Bitcoin resumes its push toward new record highs.
Meanwhile, the Fear & Greed Index shows neutral sentiment, currently sitting at 53 points.
Earlier, FORECK.INFO reported on the topic — Bitcoin Eyes $118K as ETFs and Corporate Treasuries Boost Demand, where analysts highlighted the critical role of the $117,500 resistance zone in shaping the rally.