According to @CryptoMichNL, Bitcoin is seeing a classic correction with price still below the 20-EMA, and unless the session closes back above that moving average, he intends to max long the next dip. source: @CryptoMichNL on X, Sep 9, 2025 He states the catalyst is uncertain, noting headlines out of Qatar and recent jobs data as possibilities but without confirmation. source: @CryptoMichNL on X, Sep 9, 2025 He frames the 20-EMA close as the actionable trigger for short-term bias, with a reclaim signaling strength and continued rejection setting up the next-dip long plan. source: @CryptoMichNL on X, Sep 9, 2025 No specific price targets, timeframes, or risk parameters were disclosed. source: @CryptoMichNL on X, Sep 9, 2025

According to QCPgroup, Bitcoin (BTC) continued its downturn for a third consecutive week, briefly dipping below 112k and resulting in over $1 billion in liquidated leveraged long positions since Friday. The sharp decline was driven by a broader risk-off sentiment in the markets, triggered by weaker US jobs data and the introduction of new tariffs, increasing volatility and caution among crypto traders. This heightened selling pressure has significant implications for BTC trading strategy and risk management in the current macroeconomic environment. Source: QCPgroup.