According to a report by K33 Research, this is not a sign of sustained weakness but rather the kind of environment that creates opportunity. Particularly, K33’s analysis frames any dip into the $94,000 to $101,000 range as a tactical sweet spot for investors. Rather than waiting for new highs, the firm advises viewing September’s volatility as a window for strategic entry.
At the time of writing, Bitcoin is holding up around the $112,000 price level, although the volatility in the past few days saw it break below $110,000 very briefly to reach $109,399. The volatility was even more pronounced on September 1, when Bitcoin broke below $110,000 to touch $107,400 twice.