Bitcoin enters September with $1.2B in selling – What’s next for BTC?

Bitcoin entered September with roughly $1.2 billion of selling pressure, which pushed prices lower and heightened intraday volatility. On-chain and market indicators pointed to elevated exchange inflows and derivatives position compression, amplifying short-term downside risks. The likely near-term outcome is consolidation or further pullback as the market absorbs supply. Traders should watch exchange flows, open interest and funding rates for signs the selling has abated before positioning for a sustained rebound.