Bitcoin will cause a’max pain’ when it reaches $107,000, says analysis

The following are key points.

• As traders prepare for the end of month BTC targets, Bitcoin’s price war between bulls vs. bears continues.

• Included in this are a drop to at least $107,000 before the rebound.

• Bollinger Bands readings are expected to reach historical levels of volatility “tight” levels.

BitcoinBTC( stayed rangebound during Wednesday’s Wall Street opening as traders awaited a $17.5 billion option expiry.

BTC Price Targets include $100,001 and below

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView BTC/USD is threatening to reach new lows.

Bitstamp showed that the pair had reached $111 115 earlier in the day, before dropping to $113,000 with no clear direction from bulls or bears.

After assessing the market, participants noted that there was still a new BTC drop before any real recovery.

“$BTC usually bottoms in September,” Ted Pillows is a crypto investor, entrepreneur and businessman. observed In his most recent analysis of X.

“In just 2 days, $17,500,000,000 in Bitcoin options will expire with a max pain at $107,000. Historically, BTC moves towards max pain during such huge expirations. I think there’s still a big leg down left before reversal.”

BitBull, a popular trader, has offered another comparison in this case to the bull market earlier.

“$BTC is doing exactly what it did in Q1 2024,” He argued. 

“The long-term trend is still to the upside, but we may get some corrections. I wouldn’t be surprised if Bitcoin retests $103K-$105K level before reversal.”

BitBull suggested the whales might try to escape on Tuesday. drive price below its 100-day exponential moving average (EMA) at $111,900 — something that should also create “max pain.”

Big Bitcoin price move “quite likely” Within a Week

Daan Crypto trades, another fellow trader, used historical context to forecast a more volatile September. This is traditionally the weakest month for Bitcoin.

Related: Biggest long liquidation of the year: 5 things to know in Bitcoin this week

“$BTC Flip this local resistance and we can start talking about a reversal of this week’s dip. Pretty large inefficiency right above and a weekly candle without a proper wick above,” He wrote About the $113,000 marker in part of a X-post. 

“The current weekly displacement (low to high) is also the smallest it has been in the past 2 years. This means that it is extremely likely that the $111K low or $115.3K high still gets broken by the end of the week.”

BTC/USD is currently on track to produce its smallest monthly candle since over two years.

“Basically, price action & a larger move is quite likely until the end of the week/month based on the statistics. So keep an eye out for signs of local strength (or weakness), and bet accordingly,” Daan Crypto Trades summarized.

The Bollinger bands on Bitcoin are the tightest they have ever been in BTCUSD’s history. pic.twitter.com/XWNYkquVXP

— Tony “The Bull” Severino CMT, (@TonyTheBullCMT). September 23, 2025

Bollinger Bands data separately showed record levels. “narrowing” on weekly timeframes — a further precursor to fresh BTC price volatility.

The article is not intended to provide investment advice. Risk is inherent in every investment decision and trade. The reader should always do research prior to making their final choice.