Bitcoin at two-month low: Experts see buying opportunity for investors!

Bitcoin at two-month low: Experts see buying opportunity for investors!

On August 30, 2025, Bitcoin records a dramatic decline and hits a two-month low. This decline unsettles many investors, but at the same time offers buying opportunities, as experienced crypto trader VirtualBacon explains. He notes that current Bitcoin levels correlate with the 20-week simple average, which has historically proven to be reliable support in the 2017 and 2021 cycles. At the current Bitcoin price of around $108,453, the bull market remains intact as long as Bitcoin stays above the 50-week moving average of around $95,000.

VirtualBacon highlights that important signals that could signal the end of a bull market are currently not apparent. He describes the current panic as fear-driven, not a reaction to concrete market data. Although the recent price decline has triggered bear signals, VirtualBacon considers these to be misleading. According to him, daily RSI divergences indicate short-term consolidation rather than an impending market top.

Macroeconomic context and trade indicators

Another factor that could affect the crypto market is the upcoming interest rate cut by the US Federal Reserve on September 17th. VirtualBacon expects this could bring liquidity to Bitcoin. Additionally, historical indicators such as the Pi Cycle Top, Mayer Multiple, and Fear & Greed Index do not indicate Bitcoin overheating, supporting the prospect of a recovery.

The current status can be analyzed based on various trading indicators used by traders to predict the peak of the crypto market cycle. There are several important indicators, including the Puell Multiple, which evaluates miners' revenue. A low Puell Multiple often indicates that mining is unprofitable and can be a signal of the bottom. This could be of interest to investors looking for cheap entry opportunities.

Cycle analysis indicators

Additionally, the Pi Cycle Top Indicator is considered a popular tool for predicting the peak prices of Bitcoin. This indicator has a history of accurately signaling highs and is therefore important to many traders, although it requires vigilant accompaniment to other signals to provide accurate market predictions.

VirtualBacon sees the current decline as an opportunity for accumulation and warns traders not to panic. The important threshold of $95,000 should be noted to better assess the trajectory of Bitcoin movements. Long-term investors may perceive the current situation as an attractive entry point into the market.