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- Market experts remain bullish, with Bitcoin price forecasts ranging from a breakout toward $130,000 to a potential surge to $150,000 by year-end after a possible 10–15% correction.
- Binance founder Changpeng Zhao and other analysts described the dip as a healthy buying opportunity.
Bitcoin (BTC) and the broader crypto market have entered a sharp correction today amid a massive sell-off. The Bitcoin price tanked under $113,000 in the Asian trading hours on Monday, September 22, with nearly $100 billion eroded from its market cap. Some market experts, including Binance founder Changpeng Zhao (CZ), said that this could be a buy-the-dip opportunity for investors.
Is Bitcoin Price Correction A Buy-the-Dip Opportunity?
Over $1 billion in Bitcoin long positions were liquidated within 20 minutes following a sharp price drop. Analysts noted that such dips often trigger a significant washout but are typically bought up once the U.S. market opens. The liquidations across the broader crypto market were $1.7 billion, the highest single-day spike this year in 2025. The recent volatility comes a day after MicroStrategy chairman Michael Saylor said that Bitcoin is getting boring, as reported by CNF.
The daily trading volume for BTC has surged by 123% to $51.21 billion, showing that the selling pressure is strong in this market. Moreover, the BTC futures open interest has also turned negative, and is currently at $82.84 billion.
Binance founder Changpeng Zhao, recently noted that this is a healthy correction, and the dips provide a buying opportunity. “Dips are important for establishing support levels, which are like foundations of a house,” noted Zhao.
Experts Continue to Stay Bullish on BTC
Top analysts and experts across the crypto market continue to stay bullish about the Bitcoin price. Crypto analyst Ali Martinez noted that BTC retraced to $112,000 as expected, adding that he is now watching for buying pressure to build the right shoulder of a bullish pattern that could lead to a breakout toward $130,000.
Crypto analyst Michael van de Poppe said Bitcoin price failed to break resistance, leading to a correction. He added that despite uncertainty, the sharp moves in altcoins suggest the market could be setting up for a major buy-the-dip opportunity ahead of a potential bullish phase.
On the other hand, Crypto analyst Ted Pillows said Bitcoin price is likely to follow gold’s rally, which has been hitting new all-time highs weekly. He cautioned that BTC could see a 10–15% correction first to flush out overleveraged longs, before potentially surging to $150,000 by the end of Q4.
In addition to Bitcoin price drop, altcoins have seen a deeper correction with Ethereum (ETH), XRP, Solana (SOL), etc correcting 6-10% today. Experts believe that by the end of September, altcoins could see a further pullback before resuming a strong rally in Q4 2025.
