Bitcoin September Forecast: 3 Scenarios Traders Must Watch After $109K Crash

The post Bitcoin September Forecast: 3 Scenarios Traders Must Watch After $109K Crash appeared first on Coinpedia Fintech News

Bitcoin has once again left traders guessing. After crashing to $109K with nearly $1 billion in liquidations, the market is split on what comes next. Will September bring another weak month, a surprise rally, or even a deeper crash?

Popular analyst Altcoin Sherpa has outlined three possible paths for Bitcoin—and each one tells a very different story.

Let’s have a look at it!

Scenario 1: September Chop and a Slow Grind Higher

According to Sherpa , the first and most likely scenario is that September could turn into a “chop fest.” Historically, September has been one of the weakest months for Bitcoin, with prices closing red in 8 out of the past 12 times, showing an average drop of 3.6%.

This trend suggests Bitcoin may spend the coming weeks hovering near the $100,000 level if the usual September decline plays out. However, there’s also a chance of a bullish surprise. A Fed rate cut in September could flip the trend and push Bitcoin above $115K.

Scenario 2: Immediate Rebound and Faster Cycle

The second scenario is more aggressive. Here, Bitcoin quickly rebounds and pushes higher, with traders regaining confidence that Jerome Powell will cut rates and with new treasury-backed vehicles entering the market.

Sherpa suggests that if this plays out, we could see a sharp rally in September and October. However, such a fast rebound could also lead to a blow-off top, followed by a painful correction soon after.

Scenario 3: Deeper Macro-Driven Pullback

The most bearish outlook is that Bitcoin’s recent weakness signals the start of a much larger unwind. In this case, macroeconomic pressures worsen, leading to heavy retracements. Sherpa warns that Bitcoin could fall as low as $75,000, creating a cycle similar to the January–May 2025 downturn.

Recovery, in this view, might not arrive until Q2 2026, after a long and grinding consolidation period.

Bitcoin ETF & Whale Wave Hit Hard

Bitcoin’s late-August dip is weighing heavily on institutional markets. Exchange-traded crypto funds saw nearly $1.5 billion in outflows , the largest since March 2025.

On top of that, whale moves added more pressure, a seven-year-old wallet shifted 22,769 BTC worth $2.59 billion into Ether. This sudden move sparked a sharp $4,000 intraday drop in Bitcoin’s price.

As of now, Bitcoin is trading near $110K , down about 3% in the last 24 hours, bringing its market cap to $2.91 trillion.