The BTC price has held firm this September with candles mostly green in past 18 days, supported by steady institutional accumulation even as retail holders realize gains.
With strong on-chain signals for a coming rise, resilient support zones, and the most recent boost from the Fed’s recent rate cut, Bitcoin crypto appears to be inching closer to reclaiming its $124K all-time high, again.
Institutional Accumulation Outpaces Retail Selling
Recent on-chain data from Santiment charts shows that the retail holders are scared for losing on current gains, particularly those owning between 0.1 and 100 BTC. These addresses have been offloading their holdings to secure their profits.
This ongoing wave of retail selling has currently slowed the recovery pace in BTC, capping momentum in the short term.


However, from retail holders selling the larger holders are getting benefits as larger entities appear to be absorbing this supply. This is suggesting a structural transfer of Bitcoin from smaller hands to long-term institutional holders.
According to the santiment’s supply distribution metric, these institutions are not showing signs of distributing yet, reinforcing the idea that they are positioning and accumulating instead for a potential move toward new highs.
On-Chain Metrics Signal Optimism For Bitcoin Price
Further supporting this view, age-consumed metrics and the network realized profit/loss (NRPL) data reflect no significant selling activity through Q3 2025. Historically, a lack of major profit-taking while prices consolidate often signals strong accumulation phases.


Meanwhile, the MVRV 30-day metric has flipped bullish this month, moving from -4.94% to +3.95%. This transition suggests that short-term holders are back in profit, adding another layer of confidence to the current BTC price forecast narrative.


The combination of steady hands accumulating and minimal profit-taking suggests the groundwork is being laid for the next major breakout.
September Strength Could Push BTC Toward $130K
Price-wise, September has been marked by resilience. After taking support near $107K, BTC price today has climbed to around $117,475, which represents nearly 10% gains this month and a 1% intraday boost following the U.S. Federal Reserve’s 0.25 bps rate cut.
The Fed has also hinted at two more cuts this year, which could inject further liquidity into risk assets like Bitcoin crypto.


Technically, the Bitcoin price chart shows that the $107K zone, once a resistance area during July and August rallies, has now flipped into a solid support base.
Over the past 18 days, BTC has steadily climbed from this region, hinting at renewed momentum. If this trend sustains, reclaiming $124K appears likely, with some BTC price predictions eyeing a potential push toward $130K in the near term and even $150K in Q4.

 
															 Bitcoin
Bitcoin  Ethereum
Ethereum  Tether
Tether  XRP
XRP  BNB
BNB  USDC
USDC  Lido Staked Ether
Lido Staked Ether  Dogecoin
Dogecoin  TRON
TRON  Cardano
Cardano  Wrapped stETH
Wrapped stETH  Wrapped Bitcoin
Wrapped Bitcoin  Wrapped Beacon ETH
Wrapped Beacon ETH  Chainlink
Chainlink  Hyperliquid
Hyperliquid  Bitcoin Cash
Bitcoin Cash  Wrapped eETH
Wrapped eETH  Stellar
Stellar  Ethena USDe
Ethena USDe  USDS
USDS  Binance Bridged USDT (BNB Smart Chain)
Binance Bridged USDT (BNB Smart Chain)  LEO Token
LEO Token  Sui
Sui  WETH
WETH  Hedera
Hedera  Avalanche
Avalanche  Coinbase Wrapped BTC
Coinbase Wrapped BTC  Litecoin
Litecoin  WhiteBIT Coin
WhiteBIT Coin  Zcash
Zcash  Monero
Monero  Shiba Inu
Shiba Inu  Toncoin
Toncoin  USDT0
USDT0  Cronos
Cronos  Ethena Staked USDe
Ethena Staked USDe  Mantle
Mantle  Dai
Dai  Bittensor
Bittensor  Polkadot
Polkadot  MemeCore
MemeCore  World Liberty Financial
World Liberty Financial  sUSDS
sUSDS  Uniswap
Uniswap  Aave
Aave  Bitget Token
Bitget Token  OKB
OKB  USD1
USD1  Ethena
Ethena  BlackRock USD Institutional Digital Liquidity Fund
BlackRock USD Institutional Digital Liquidity Fund