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Bitcoin nears $115,000 as investors watch "Bitcoin Bottom Day" for signs of a trend reversal.
Bitcoin is trading near $115,000 as investors focus on September 21, dubbed "Bitcoin Bottom Day" by economist Timothy Peterson, who sees a 70% chance the asset holds the $100,000 level as key support.
Based on on-chain data like wallet activity and exchange inflows, the day may signal a turning point in Bitcoin’s 2025 trend.
Analysts are watching network metrics, investor positioning, and market sentiment for signs of accumulation or further selling.
While no major event is scheduled, the convergence of technical indicators and psychological thresholds has heightened market attention, with outcomes potentially shaping whether Bitcoin rebounds or faces a deeper correction.
Bitcoin se acerca a los $ 115,000 mientras los inversores observan "Bitcoin Bottom Day" en busca de señales de una inversión de tendencia.