Bitcoin Price Drops to $115K: Top Trader Reveals Strategy to Survive September Crash
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The post Bitcoin Price Drops to $115K: Top Trader Reveals Strategy to Survive September Crash appeared first on Coinpedia Fintech News Bitcoin, the world’s largest cryptocurrency, kicked off the week with a sharp fall to $115,193, down nearly 3% from yesterday’s peak of $118K. But according to well-known crypto analyst Doctor Profit, this drop was no surprise as he had already predicted a short-term drop, and the market was playing out exactly as he forecasted. Now, the big question is: what comes next? And how to tackle it? BTC Battle To Break Above $116K After dropping to $115k, Bitcoin is now stuck in a tight range. The fight between buyers and sellers is getting stronger as BTC struggles to move past the key $116K resistance zone. According to analyst Doctor Profit, this level is acting like a wall. Each time Bitcoin nears it, sellers quickly push the price back down. This $116K mark isn’t just another number. If Bitcoin breaks above it, momentum could build for a bigger rally. But if it fails again, bears may gain control and push prices lower. Doctor Profit calls it a “make or break” zone for Bitcoin in the short term. Therefore, Doctor Profit expects the next two weeks to stay mostly flat, with Bitcoin moving within a tight 8% range. He calls this phase the “calm before the storm.” But his outlook for September is much darker, warning that it could turn into a “very red month” for crypto. History Shows a Red September for Bitcoin However, history seems to back his view. Data shows that in 8 out of 12 times, Bitcoin has ended September with losses, giving the month an average return of –3.77%. This pattern fits closely with Doctor Profit’s prediction of a strong correction ahead. Doctor Profit’s Strategy for…
Filed under: News - @ August 18, 2025 8:29 am