Bitcoin price today: edges down to $90k ahead of pivotal Fed decision
Market Context
Silver is consolidating at $38.02, straddling the Weekly VC PMI of $38.09 after a volatile rally to $38.78 and subsequent pullback. Price is compressing around equilibrium, setting up a high-probability breakout. Both daily and weekly VC PMI frameworks are aligned, further underscoring the potential for a decisive pivot.

Silver is consolidating at $38.02, straddling the Weekly VC PMI of $38.09 after a volatile rally to $38.78 and subsequent pullback. Price is compressing around equilibrium, setting up a high-probability breakout. Both daily and weekly VC PMI frameworks are aligned, further underscoring the potential for a decisive pivot.
Gann Time Cycles

We anchor the 360-day Gann cycle to September 28, 2024, a major pivot in silver’s long-term structure. This framework divides into harmonic rotations of 90°, 180°, 270°, and 360°.
- 90° (Quarter Cycle) – Late Dec 2024: Market turned higher from a minor low.
- 180° (Half Cycle) – Late Mar 2025: Mid-cycle top produced corrective pressure.
- 270° (Three-Quarter) – Late Jun 2025: Secondary low aligned with the June advance.
- 360° (Full Rotation) – Sep 28, 2025: A major cycle completion window approaches within ~6 weeks.
This suggests that the current August–September period is a “time cluster” where price pivots are statistically more likely. The fact that silver is coiling near equilibrium into this cycle date implies the market is preparing for a major directional resolution.
Gann Square of 9 – Price Projections
Using the Square of 9 spiral from the $37.515 low (Aug 12, 2025):
- 360° rotation projects $38.78, which was exactly tagged at Wednesday’s high.
- 45° increment above that gives $39.05, lining up with the 100% Fibonacci extension ($38.92–39.00).
- 90° increment targets $39.32, forming the next harmonic resistance zone.
On the downside:
- A 180° rotation from the $37.515 low projects $36.78, representing the deeper risk level if equilibrium fails.
This Square of 9 mapping confirms that $38.78 was not random — it was a precise harmonic resistance. The next decisive breakout levels are $39.05–$39.32, while $37.24 (Weekly Buy 1) remains the harmonic support base.
Price–Time Confluence
When we integrate VC PMI, Gann Cycles, and Square of 9, a unified narrative emerges:
- Time: We are inside the final 45° rotation of the 360-day cycle into Sep 28, 2025, a high-probability pivot window.
- Price: Silver has already reacted to a Square of 9 harmonic (38.78) and is now compressing around $38.00–$38.09.
- Probability: The confluence of time and price strongly suggests that silver is building energy for a breakout move into the next harmonic band ($39.05–$39.32) before the September cycle date.
Narrative Outlook
Silver futures are in a critical compression phase, where time and price harmonics align. The weekly pivot at $38.09 is the fulcrum.
- Bullish Path: A close above $38.27 projects upside to $38.67 → $38.92 → $39.32 into the September cycle date.
- Bearish Path: Failure below $37.98–$37.80 exposes $37.24, and if broken, a Square of 9 rotation toward $36.78.
The weight of evidence favors a bullish breakout scenario, but the timing into late August–September suggests volatility will expand sharply. This is the pre-launch compression window Gann described, where both time and price complete their rotation together.
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