Bitcoin price is under $108,000 It has rekindled urgent questions as well as traders and long-term holders. Could the price collapse to $75,000? Fresh inflation data has stalled aggressive interest rate cuts and hopes for a whale-driven sale, shaking market trust, bringing the world’s biggest cryptocurrency once again at a crossroads. The answer depends not only on the technical level, but also on the upcoming employment report and the Federal Reserve policy decisions in September.
Bitcoin price forecast: inflation and Fed uncertainty
The price of Bitcoin has been slid to $107,383 as traders have digested the latest one US Personal Consumption Expense (PCE) Data. Core inflation rose 2.9% year-on-year in July, the highest since February, thwarting expectations for rate cuts. The market still assigns an 87.6% chance of a 25bps cut at the FOMC meeting in September, but the tone is cautious. Risk appetite is vulnerable, and Crypto is more sensitive to macro data than earlier this year.
The weekend sale wasn’t just macro-driven. Analysts pointed out To distribution and liquidation of whales in leveraged positions as accelerators of decline. The combination of weak emotions, fragile liquidity and macro headwinds will set the stage for Bitcoin’s next move.
Technical Photo: Bollinger Bands Point to Pressure
Look at the daily charts, Bitcoin prices are trading just under $108,000sitting near a Bollinger band that costs around $106,300. This suggests that the market is in unsold territory, but the fact that Bitcoin continues to hug the low priced bands indicates that the sellers are in control.
The middle band (20-day SMA) is $113,970 and is now serving as a resistance. The BTC must exceed this level for the Bulls to regain control. Until then, the momentum favored continued to be under negative side pressure.
Key support and resistance levels
- Immediate Support: $106,300 (bollinger band below)
- Psychological Support: $100,000 (emphasised by analysts as a real line of sand)
- Next downside goal: $95,000, $90,000 for a $100,000 break
- Resistance: $113,970 (20-day SMA) and $121,600 (Upper Bollinger Band)
The chart structure shows a downward pattern from mid-August, showing continuous red candles and low heights. This ensures that the seller manages short-term trends.
Bitcoin Price Prediction: Will Bitcoin price fall to $75,000?
The price crash for BTC is $75,000, a further 30% reduction from the current level. To do this, two conditions need to be adjusted.
Macro shocks like hotter inflation and Hawkish Fed Pivots that kill risk sentiments.
A critical break below $100,000 support, triggers for mass liquidation, and liquidity crunch.
These risks are real, but the chances of instant collapse to $75,000 appear to be low. CME’s FedWatch tool still expects cuts, and crypto investors historically buy dips near the psychological support of rounds. A drop from $95,000 to $90,000 in the short term is more realistic, but collisions with $75,000 require a terrible macro cycle or systematic event in the Crypto market.
Short-term outlook
For now, the $BTC price path will depend on two upcoming events.
Non-farm pay (NFP) of the Week: Strong employment data can weigh $bitcoin, but weak numbers can lead to easing. FOMC meeting September 16-17: Dubu’s Fed cut could cause a recovery rally, but Hawkish’s surprise could accelerate the downside.
Until then, traders should expect the expansion to be around $100,000. The Bulls need to protect their line at every cost. Otherwise, the door opens to deeper corrections.
