Bitcoin

September 1, 2025 at 23:51

BTC monthly candle close: near-term outlook and levels

Here's my take on BTC's latest monthly candle close. BTC is hovering around the $109k level, with a 24h high near $109.9k and a low around $107.3k. RSI readings in the mid-to-high 60s suggest ongoing bullish momentum, but not extreme overbought pressure. The price is well above shorter-term moving averages, indicating underlying strength, yet the lack of a decisive breakout above recent resistance keeps the setup cautious.

Key dynamics to watch are the nearby resistance around $110k–$112k and support near the $107k level. If BTC can close meaningfully above $110k, it could invite a further upside move toward the next psychological level and recent highs. Conversely, a breakdown below $107k might trigger consolidation or a test of lower supports, reducing the immediate upside risk.

Overall, the setup is nuanced: momentum remains constructive, but a clear breakout is needed to shift the bias more decisively. Stay patient and monitor for a convincing close beyond resistance or a decisive breach of support.

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Analysis

BTC shows steady bullish momentum based on recent price action and RSI readings around 66–68, indicating room to run but not an overbought condition yet. The price sits well above the EMA(34) and EMA(89), suggesting the long-side bias remains intact, but the absence of a decisive breakout above resistance keeps the momentum from accelerating. The 24h range (roughly $107.3k to $109.9k) implies a tight consolidation zone, which often precedes a directional move once a clear trigger appears.

Key technical levels to monitor are the nearby resistance around $110k–$112k and support around $107k. A weekly/monthly close above $110k would strengthen a bullish scenario, potentially targeting fresh highs or extended upside toward the next round number. If price fails to sustain above $110k and slips below $107k, the market could re-enter a range-bound phase, increasing volatility as traders reprice risk.

Overall, the setup is cautiously constructive. The macro and micro signals align with upside potential, but confirmation via a decisive breakout or breakdown is needed to establish a clear trajectory.

Recommendation

Recommendation: Wait for a decisive close beyond resistance or a breach of support before committing to a directional trade.

If BTC closes above $110k with strong volume, consider a cautious long exposure targeting $112k–$115k, with tight risk controls (stop slightly below $109k). If BTC breaks below $107k, reassess with a risk-off approach or consider stepping back to neutral, watching for a bounce near $105k or lower before re-engaging.

Rational risk management is essential here: use defined triggers, prefer small position sizing on breakouts, and avoid chasing moves in a congested range.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.