Bitcoin price prediction is once again experiencing bearish pressure as investors remain cautious ahead of key U.S. economic releases.

On Thursday, the BTC price dropped sharply after a brief rebound. The price dropped 3.80% reaching a new weekly low of $108,623. Currently, it is trading at $109,382, having rebounded slightly from the extended sell-off. 

The sharp drop followed cautious investor sentiment as markets await US economic data, such as inflation, jobless claims, and the Q2 GDP reading, that could shape the Federal Reserve’s path on interest rates.

Bitcoin price chart. Image Courtesy: TradingView

Data shows that weak liquidity and heavy leveraged bets catalyzed the sell-off, driving the BTC price below $110,000.  

While sentiment remains slightly bearish, traders are eyeing low-risk altcoin opportunities such as Bitcoin Hyper. Touted as the first layer-2 on Bitcoin and having raised more than $18 million, the project emerges as a prominent contender for Q4 2025. 

Economic Indicators Driving the Path of Interest Rate Cuts

The market’s focus has shifted entirely to US economic indicators for direction. On Thursday, the US weekly jobless claims report was released, showing that the number of people filing new applications for unemployment benefits fell last week. 

Another report released on Thursday showed that the Q2 GDP reading indicated the U.S. economy bounced back in the second quarter, expanding at a 3.8% annual rate after shrinking by 0.6% in the first quarter.

Traders are waiting for the Fed’s next move after Chair Jerome Powell warned earlier this week that policy decisions carry no “risk-free path.” The August key inflation data, including the personal consumption expenditures (PCE) price index report, is due on Friday, which could indicate the next direction of the Fed’s actions. 

Traders Bracing for Friday’s $22 Billion Expiry 

Another big event unfolding on Friday is the $22 billion monthly Bitcoin options expiry. Data shows that Deribit leads the market with $17.07 billion in open interest, while OKX and CME each hold about $1.9 billion in Bitcoin options set to expire.

Image Source: Coinglass

Analyzing the open interest shows crucial ranges. If BTC closes between $107k and $110k, put options would lead by $2 billion against $1 billion in calls. However, if it closes in $110k-112k range, then calls and puts would be matched at $1.4 billion each

In the bullish scenario, if BTC closes between $112k and $115k, the bulls could take the lead with $600 million ahead for calls.

Investors must brace for high volatility on Friday, as a major expiry and key economic data are set to unfold simultaneously. If Bitcoin stabilizes above $112k, then Bitcoin call option holders may benefit; but, lower price levels may benefit a bearish stance.

Bitcoin Price Prediction: Key Levels To Watch

Analysts expect market volatility to increase throughout Friday and into the weekend. Here are the key levels to watch for trade actions:

Bitcoin Hyper: Lightning Speed, Low-Cost, and Scalability to the Bitcoin Ecosystem

Bitcoin has long been used as a means to store wealth, but its application in the DeFi world remains limited due to its slow speed, high costs, and scalability issues. This is what Bitcoin Hyper is working on.

The project is introducing the first-ever layer-2 infrastructure on the Bitcoin ecosystem that provides speed and scalability like Solana without compromising Bitcoin’s security. 

Bitcoin Hyper’s strength comes from its deep integration with the Solana Virtual Machine (SVM). Running Solana programs directly brings Solana’s high speed and efficiency into the Bitcoin network. 

Every transaction is secured with ZK-rollups, then sent back to Bitcoin’s main layer for verification. This process ensures the Layer 2 keeps Bitcoin’s core qualities—immutability and neutrality—while unlocking faster performance.

Why Bitcoin Hyper Is Stealing Q4’s Spotlight:

• $18,286,467.56 raised in presale

• Removing bottlenecks in the Bitcoin ecosystem, making it suitable for DeFi, meme coin trading, and other applications

• 64% staking rewards

• Verified by Coinsult and Spywolf, ranked #1 among pre-launch projects

• Available at a discounted price of $0.012975 in presale

This blend of innovation, utility, and security has positioned Bitcoin Hyper as the top crypto presale of 2025. With its low entry point, strong investor demand, and real-world application model, HYPER offers early investors the chance at life-changing returns, much like Bitcoin gave to early buyers.