Core PCE Does Not Affect Bitcoin USD Value: Grok Forecasts Bitcoin Monthly Closure
On Friday, the BTC USD price stabilized close to $109,000 after US inflation figures came in as projected, prompting sellers to test price floor levels as Wall Street opened.
This shift occurred as Elon Musk’s Grok AI suggested that the September closing will likely be around current values.
The Fed’s favored inflation measure, the core personal consumption expenditures (PCE) index, reported an annual increase of +2.9% in August, with the headline PCE rising 2.7%. Both figures aligned with economists’ forecasts.
(Source: US PCE index change: US Beaurea)
The lack of unexpected results led to a subdued market response. Traders indicated that, despite the data being above the Fed’s target, there remains the possibility for an October rate cut.
Such expectations helped limit downside movement but did not trigger new buying interest after a week dominated by significant liquidations.
Data from CoinGlass indicated that bid price floor was concentrated around $108,200 on Binance, with liquidation levels just above $110,000.
Glassnode reported “an additional wave of long liquidations” when Bitcoin slipped below $111,000 earlier in the day, describing the decline as part of a continued deleveraging process.
#Bitcoin futures experienced another surge of long liquidations as the price dipped beneath $111k.
This outflow of leveraged positions indicates a widespread deleveraging event, often resetting crypto market dynamics and mitigating the risk of further drops.
https://t.co/uEVHqia78z pic.twitter.com/Kmdo52vVxj
— glassnode (@glassnode) September 26, 2025
During the day, Bitcoin remained close to $109,000, with sellers persistently testing local price floor levels.
Analysts highlighted the $107,000–$108,000 range as the next area of concern for base level, while resistance was noted between $112,000 and $117,000, following what has been the most significant deleveraging event of 2025 to date.
The Kobeissi Letter pointed out that even with PCE at a seven-month peak, “the Fed is still anticipated to pursue further rate cuts.” This context eased the downward pressure but left markets lacking forward momentum for recovery.
BREAKING: August PCE inflation, the Fed’s preferred inflation measure, rises to 2.7%, in-line with expectations of 2.7%.
Core PCE inflation was 2.9%, in-line with expectations of 2.9%.
PCE inflation is at its highest since February 2025.
Yet, the Fed will keep cutting rates.
— The Kobeissi Letter (@KobeissiLetter) September 26, 2025
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Bitcoin Price Prediction: Is Bitcoin USD Entering Its Largest Bear Crypto market as MicroStrategy Faces Risk of Forced Bitcoin Sales?
A crypto analyst has cautioned that Bitcoin might be entering its most significant bear crypto market yet, with concerns centered around MicroStrategy’s assets.
MicroStrategy will be compelled to liquidate 639,835 BTC
I warned about this months back, but it fell on deaf ears
Here’s the reasoning and timeline for MicroStrategy’s FALL
— Atlas (@crptAtlas) September 26, 2025
The analysis suggests BTC may start trading in the mid-$80,000 range, beneath its expected average cost basis. An accompanying chart highlights a potential trajectory where prices could deteriorate further into 2026.
If BTC were to slide down to around $65,000 or even $45,000, the analyst suggests that MicroStrategy could be compelled to offload some of its 639,835 BTC holdings.
The firm, under the direction of executive chairman Michael Saylor, has established the biggest corporate BTC treasury over the last four years. Its assertive use of leverage has garnered both accolades and scrutiny.
With an average acquisition cost near $70,000, sustained declines beneath this threshold could exert significant strain on its financial standing.
The analyst indicated he had predicted this situation months ago, asserting that leverage amplifies risks during prolonged downturns.
Market participants also noted that any enforced liquidation by MicroStrategy would not only impact its own financial health but could also undermine confidence in Bitcoin as a viable reserve asset for corporations.
For years, Saylor has advocated for Bitcoin as “digital gold,” presenting it as a long-term safeguard for institutional finances.
A severe downturn could challenge that assertion. While these predictions remain speculative, they contribute to a sense of anxiety among traders who are already on edge following drastic retracements in recent times.
The pressing question now is whether MicroStrategy can endure further price challenges or if its holdings could trigger a significant broader decline.
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What Do Glassnode’s MVRV Pricing Bands Reveal About Bitcoin’s Risk Levels?
As per analyst Ali Martinez, Bitcoin’s value is under renewed pressure after on-chain data identified $116,354 as a critical threshold to monitor.
In a message on X, Martinez referenced Glassnode’s MVRV Extreme Deviation Pricing Bands, remarking that BTC was trading at $109,074 on September 25, 2025, falling below the +0.5σ band and nearing mean support.
Failing to reclaim $116,354 puts Bitcoin $BTC at risk of a drop to $94,334, based on Pricing Bands! pic.twitter.com/ZrUTEAld2J
— Ali (@ali_charts) September 26, 2025
The model delineates various thresholds. The mean band is established at $94,334, while the -0.5σ deviation is pegged at $72,313. Martinez emphasized that unless BTC rises above $116,354, seen as upper resistance, the crypto token is susceptible to descending towards the mean at $94,334.
This analysis portrays $116,354 as a pivotal point: a recovery above it could reinvigorate uptrend trends, yet failure could exacerbate downtrend sentiment.
This alert comes during high market fluctuation, as traders grapple with macroeconomic uncertainties and liquidation pressures in derivatives markets.
Glassnode’s graph also reveals Bitcoin’s realized price at $53,759, a sign that suggests a deeper correction could be on the horizon if a risk-off attitude prevails.
At this point, Martinez’s indication keeps traders focused on whether BTC can maintain the $100,000 region or potentially slide into lower valuation categories.
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The post Core PCE Fails to Dent Bitcoin USD Price: Grok Predicts Bitcoin Monthly Close appeared first on 99Bitcoins.
