Bitcoin's price is expected to reach $108K by the weekend following weak US job growth and rising unemployment, which could lead to a cooling economy and increased pressure on the Fed to ease monetary policy. Despite the potential positive impact of looser policy on Bitcoin's price, the cryptocurrency's volatility has resulted in a bearish daily candle. Analysts believe that Bitcoin may push below $108,000 this weekend due to selling pressure from large investors and a slowdown in corporate Bitcoin accumulation.
Bitcoin's price experienced significant volatility over the weekend, with the cryptocurrency's value dropping to below $108,000, despite expectations of a potential rise due to weak U.S. job growth and rising unemployment. Analysts attribute the downward trend to selling pressure from large investors and a slowdown in corporate Bitcoin accumulation.
The recent economic indicators have raised concerns about a cooling economy, potentially prompting the Federal Reserve to ease monetary policy. However, the cryptocurrency's price has not benefited from this anticipated positive impact. Instead, Bitcoin has been influenced by the ongoing bearish trend, with a daily candle showing a significant decline.
The slowdown in corporate Bitcoin accumulation has also contributed to the current downward pressure. As of September 2025, corporate Bitcoin holdings have reached 1 million BTC, with firms like Strategy and MARA leading the charge [1]. However, the pace of accumulation has slowed, removing the previous tailwind that supported the cryptocurrency's price.
Despite the current market conditions, some analysts remain optimistic about Bitcoin's long-term prospects. The convergence of structural supply shocks and institutional adoption creates a self-reinforcing cycle. As corporations and governments continue to allocate Bitcoin as a strategic reserve, its utility as a hedge against inflation and currency devaluation will expand.
The U.S. Strategic Bitcoin Reserve, for instance, signals a shift in how nations manage monetary policy, potentially integrating Bitcoin into central bank balance sheets. Moreover, Bitcoin's reduced volatility and correlation with major indices position it as a bridge between traditional and digital finance.
In conclusion, while Bitcoin's price has been volatile over the weekend, the long-term trends suggest a structural shift in corporate adoption and institutional legitimacy. The cryptocurrency's role as a macroeconomic hedge is becoming increasingly recognized, positioning it as a key asset in the global financial landscape.
References:
[1] https://www.ainvest.com/news/corporate-bitcoin-adoption-structural-supply-shock-institutional-inflection-point-2509/
[2] https://insidebitcoins.com/news/bitcoin-price-prediction-as-figma-says-its-91m-btc-buy-isnt-a-michael-saylor-move-sora-ventures-unveils-asias-first-1b-bitcoin-treasury
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