Bitcoin climbed sharply at the end of September 2025 after a run of heavy selling left the market tense. Based on reports, the rebound followed a series of events that together eased selling pressure and drew fresh money into the crypto market.
The move touched off debate among traders about whether this is a short-term bounce or the start of a stronger leg up into Q4 2025.
Major funds such as BlackRock’s IBIT and Fidelity’s FBTC continued to attract notable inflows. Money from big players matters. It signals that the move was not driven only by retail traders.
Traders focused on a critical price barrier between $108,000 and $110,000, where it provided extreme support during the reversal. Simultaneously, momentum indicators led the oversight committee to see oversold conditions, leading to some short covering.
Long-term holders had previously taken profits while short-term sellers largely capitulated which made it less likely for more individuals to add immediate selling pressure to the market and ultimately began to stabilize prices in the market. This combination of technical relief was compounded by changing trader behavior, and propelled the sentiment from fear towards cautious optimism.
At the same time this was happening, exchange reserves dropped substantially, as coins were being removed from exchanges and came off-long-term storage. Based on the analysis, the MVRV ratio that previously dipped during the selling phase, was beginning to recover as market value was rising relative to the realized value.
Featured image from Unsplash, chart from TradingView
