Overview

• BTC is holding above the $110,000 floor and failing to clear $113,000–$115,000, with several analyses eyeing $116,000–$117,000 only if resistance breaks on volume.
• MicroStrategy disclosed a 1,955 BTC purchase worth about $217 million, and Japan’s Metaplanet lifted its holdings to roughly 20,136 BTC with a new 136 BTC buy.
• Johannesburg-listed Altvest said it plans to raise $210 million to acquire bitcoin and rebrand as Africa Bitcoin Corp, extending the corporate treasury trend.
• Weak U.S. labor data has pushed rate-cut expectations higher ahead of this week’s CPI and PPI releases, while spot Bitcoin ETF flows remain mixed with recent outflows reported.
• AI and analyst views point to consolidation through much of September with rising late-month volatility risk, ranging from a defended $110,000 base to a possible sweep of sub-$107,000 before any rebound; derivatives positioning shows a cautious tilt.