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  • 📉 Bitcoin Dumps - Our Projection Becomes Reality! |Released 24 Sep 25|

📉 Bitcoin Dumps - Our Projection Becomes Reality! |Released 24 Sep 25|

🤯 Bitcoin and Ethereum ETFs Generate $250 Million in Revenue! Solo Bitcoin Miners Cash in $1.75 Million in Rewards!

Author

Jonathan Hamblin
September 24, 2025

 

In partnership with

Today’s newsletter is brought to you by Abundant Mines! Mine Bitcoin passively without the hassle of setting up, regular maintenance, and daily operations!

Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where Bitcoin decided to go to the deep end of the pool and dive in headfirst . . .

Unfortunately, someone forgot their arm floaties. 😂

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN
📌 BULL MARKET BULLETIN

BITCOIN TECHNICAL ANALYSIS

So, Bitcoin finally decides to make a strong move downward in September - historically the worst return on investment by month . . . shocker!

Surprisingly, this move to the downside still maintains a positive month, moving Bitcoin’s return in September from +7.01% to +4.18%.

We also witness a quarterly decrease, as quarter 3 moves from +8.19% to +5.32%.

We saw this coming from a mile away . . . since the 10th of September to be exact!

I wonder what Bitcoin’s daily movement has in store for us . . . let’s take a look, but before we do, a word from today’s sponsor!

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With Bitcoin’s recent plunge from ~$118,000 to ~$111,131.32, we can feel the panic in the air . . .

  • Will Bitcoin continue to plummet in price?

  • Should we sell everything that we own?

  • Are Beanie Babies still a smart investment?

We will cover more into each of these questions . . . maybe not the third one haha.

Let’s take a look at the images below, the first being from our newsletter on Wednesday and the second being from today!

In the first image, we see that Bitcoin broke the ascending support line and showcases a very bearish candlestick sitting at support at $115,620.04.

In the second image, we see that Bitcoin broke through the major support at $115,620.04 and plummeted until the next major support at $111,871.67.

By this move occurring, we have now confirmed that:

  • Bitcoin has rejected the bull flag formation

  • Bitcoin hit major support at $111,871.67

  • Bitcoin - in our opinion - will not break $118,386.74 this month

In the past hour, we see that Bitcoin is still being hammered by downward pressure as according to Coinglass.com:

  • Buying pressure - long trader percentage is 44.78%

  • Selling pressure - short trader percentage is 55.20%

If Bitcoin were to continue lower, the next areas of major support to be tested are:

  • $110,6093.41

  • $107,493.48

  • $104,442.54

Hopefully, Bitcoin doesn’t dive this far down but until we are clear of September . . . anything is possible!

Let’s grab our crystal balls and take a look at the “What to Anticipate” below section!

 

WHAT TO ANTICIPATE

As stated in Saturday’s newsletter:

⚠️ Caution along the way! If Bitcoin breaks below $115,620.04, we are anticipating a move to ~$111,871.67.

Holding $114,422.09 would be imperative for the bull flag formation to continue, but with the ascending trendline breaking, chances for this are lowered.

It appears that this is exactly what happened. Score 1 for us and score 0 for our portfolios . . .

We all celebrate strong upward movement, but this unfortunately creates gaps in support which causes strong pullbacks in price.

🌍 In a perfect world, what do we see? All eyes are on Bitcoin holding key support at $111,871.67.

Bitcoin may hold this area now, but that could be a different story tomorrow.

In this “perfect world scenario”, Bitcoin would move above $113,374.30 and create an additional support at that level.

$113,374.30 has been a tested resistance level since the 25th of August. Converting it may result in a strong level to build support on.

⚠️ Caution along the way! Bitcoin must break above $113,374.30 within the next 48 hours to heighten a chance to cancel a downward trend.

If this downward trend continues, say hello to $110,609.41!

Bitcoin moving below $107,493.48 increases the chance of Bitcoin exiting the bull market to 85%.

🧠 Our overall thoughts? A pullback in price is not always a “bad” thing!

We shed a few tears along the way, but it provides an opportunity to build support.

Unfortunately for us, even if Bitcoin maintains support at $111,871.67, we will face another nemesis . . . the bear flag formation!

Breaking above $113,374.30 is crucial to cease the bear flag formation from continuing!

In the meantime, watch to see if Bitcoin breaks above this area! If it does, $113,374.30 must turn into support or chances are it returns to $110,609.41!

Until our next newsletter on Saturday, be safe out there!

BULL MARKET BULLETIN 📌

  • The solo Bitcoin miners are at it again! In this story, 5 solo Bitcoin miners successfully mined a block and earned rewards exceeding $350,000 each! Maybe today’s sponsor holds the key to these types of returns!

  • BlackRock, now having $12.5 trillion in assets under management, is generating a quarter of a billion dollars from Bitcoin and Ethereum ETFs!