The BTC USD price action has been nothing but drab. At spot rates, the Bitcoin price is weaving around the $110,000 and $111,600 range, capped inside the September 5 range. There was optimism that the NFP reading on Friday would propel risk-off assets like Bitcoin. However, that has not been the case, and Bitcoin crypto, though within a bullish formation from a top-down preview, is under pressure, weighed heavily by sellers from mid-August 2025.
According to Coingecko, Bitcoin is still the most dominant crypto by market share. BTC commands over +56% of the total market share, and therefore, every move BTC USD makes will shape the short—to medium-term trajectory of even the best cryptos to buy, including Polkadot and Cardano. Impressively, the Bitcoin price is up +105% year-to-date, and despite falling momentum, it is still firm, adding nearly +4% in the past week. Even so, it needs to shake off the weakness from the past month of trading since it is down nearly -5%.
(Source: Coingecko)
From Coinglass, most traders across major exchanges, specifically Binance and OKX, are bullish on BTC USD. On Binance, the long/short ratio is 1.69, while the same metric on OKX is 1.82. What this shows is that even with BTC/USDT prices weaving around the $110,000 mark, traders are betting on more gains in the coming sessions.
(Source: Coinglass)
Even so, traders should also be cautious since open interest, a metric showing the number of all open positions, has been decreasing since mid-August, when it stood at over $84Bn. As of September 8, the open interest is $78.7Bn.
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BTC USD Price Analysis: Will Bitcoin Crypto Fall Or Rally In September?
Looking at
Bitcoin
1.29%
Bitcoin
BTC
Price
$64,231.88
1.29% /24h
Volume in 24h
$16.50B
Price 7d
price action, it is evident that sellers are in control in the short term. The Bitcoin price has been moving sideways since the dip on August 29. Even though sellers didn’t confirm the sell-off in late August, the fact that BTC/USDT prices fell from mid-August 2025 should be a cause for concern.
The local resistance is at around $113,500. If this level is broken with rising volume, the Bitcoin price could recover steadily, even rising to as high as $124,000 in a buy trend continuation formation. On the flip side, support is at the $107,500 zone. If sellers press on, confirming the bearish engulfing bar of August 29, the odds of BTC USD crashing to $100,000 will be elevated.
Despite this possibility, traders are bullish on what lies ahead. On X, one analyst thinks the Bitcoin price is preparing for a 10X surge to $1M by the end of 2026.
In the post, he notes that BTC crypto is still aligned with historical patterns, and the current setup mirrors that of the 2015-2017 bull run, which saw BTC USD spike to $20,000.
https://twitter.com/CryptoAnup/status/1964867951858733534
If the Bitcoin price still aligns with historical patterns, it is easy to see why BTC USD is set up for what he says is “explosive” growth, lifting BTC/USDT to at least $1M by the end of next year.
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Tether Denies Selling Bitcoin As El Salvador Celebrates Bitcoin Birthday
Although there are high hopes that the Federal Reserve could slash rates and lift crypto assets, including Bitcoin, there were rumors that Tether, the issuer of USDT, had sold part of its BTC haul.
Rumors on YouTube emerged that Tether Holdings had sold its BTC since its holdings dropped from 92,650 BTC to 83,274 BTC in Q2 2025. The drop of nearly 10,000 BTC sparked concerns that Tether Holding, which is pro-Bitcoin now that it has a miner and has been buying BTC, had begun liquidating.
However, in a post on X, Paolo Ardoino debunked these claims, saying they didn’t sell any Bitcoin. He clarified that their strategy remains pro-crypto, allocating their billions to Bitcoin, gold, and land with no liquidation plans.
(Source: Paolo Ardoino, X)
Backing Ardoino, Samson Mow explained that the drop in Tether Holding’s BTC haul was due to transfers, not sales. The USDT issuer moved 19,800 BTC to Twenty One Capital in Q2 2025.
https://twitter.com/Excellion/status/1964541251510010068
In El Salvador, where Tether is setting up its headquarters, the country is marking “Bitcoin Day,” commemorating the fourth anniversary of BTC becoming legal tender in September 2021.
https://twitter.com/bitcoinofficesv/status/1964700306060546552
According to Arkham, the El Salvador Bitcoin Office controls 6,313 BTC, but there have been no major purchases since February 2025. This pause is after El Salvador repealed the Bitcoin legal tender law and agreed to halt additional BTC purchases using public funds as part of the $1.4Bn loan deal with the IMF.
(Source: Arkham)
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Is Bitcoin Hyper A New Opportunity? Over $14.4M Raised
Even with BTC USD holding steady and debunked rumors of Tether selling their Bitcoin haul, analysts are confident that BTC/USDT will erupt to fresh highs in the coming months.
When Bitcoin explodes, altcoins linked to the Bitcoin mainnet will rise with the tide. As of early September 2025, attention is on the Bitcoin Hyper platform.
Bitcoin Hyper, which is considered one of the hottest crypto presales, is building a Bitcoin layer-2 using Solana technology. The idea is to combine the high scalability of the Solana network and the unmatched security of the Bitcoin mainnet.
The Bitcoin layer-2 will enable near-instant transfers, low fees, and support smart contracts. In this way, BTC holders bridging from the Bitcoin mainnet via the secure, private Canonical bridge, can connect to, among others, DeFi protocols, earning a yield on their assets.
In the ongoing Bitcoin Hyper presale, over $14.4M has been raised.
Each HYPER token is trading for $0.012875, with an opportunity for staking, earning a 76% APY.
Visit BITCOIN HYPER PRESALE Here
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BTC USD To $1M? Tether Rumors, Bitcoin Hyper Success
- The Bitcoin price is flat at around $111,000
- Will BTC USD rally to $1M
- Tether denies rumors about selling Bitcoin
- Bitcoin Hyper raises $14.4M
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