TL;DR
- Bitcoin types a weekly Golden Cross, repeating a setup seen earlier than main historic value rallies.
- Worth eyes $110,100 resistance, with potential upside to $112,500 if momentum holds above assist.
- Merchants observe calm market circumstances, with many anticipating a powerful breakout in This fall.
Golden Cross Returns, Is BTC Prepared?
Bitcoin has printed a Golden Cross on the weekly chart, the place the 50-week transferring common strikes above the 200-week transferring common. This technical sign final appeared in 2015, 2016, and 2019, and every time, it was adopted by a pointy value rise. Earlier strikes after related setups noticed good points of 264%, 2,200%, and 1,190%, respectively.
In 2025, the sign has returned. Whereas the chart factors to a attainable transfer increased, there is no such thing as a confirmed breakout but. The asset is at present close to $109,500, because the market waits for a stronger development to type.
Bitcoin at a golden cross
Alt cash essentially the most over bought they’ve EVER been
The bounce will likely be wonderful
And it is going to be SOON
Are your luggage packed? pic.twitter.com/ViI8GlERcT
— Gordon (@AltcoinGordon) August 31, 2025
Crypto analyst Gordon commented on the Golden Cross, saying Bitcoin is “at a golden cross,” whereas including that “altcoins [are] essentially the most oversold they’ve EVER been.” He additionally stated, “The bounce will likely be wonderful… and it is going to be SOON.”
His remarks mirror a view that each Bitcoin and altcoins could also be establishing for a stronger transfer. To date, the longer-term chart reveals potential, however there is no such thing as a confirmed path till key value ranges are reclaimed.
Worth Approaches Key Resistance Zones
On the 4-hour chart, Bitcoin bounced from the $107,130 space and moved towards short-term resistance at $110,100. Analyst Lennaert Snyder noted this stage as essential, saying,
“Bitcoin grabbed liquidity and is pushing.”
He added {that a} transfer above $110,100 may result in a rally towards $112,500. Nevertheless, he additionally acknowledged that $110,100 may act as resistance if the transfer fails. A attainable increased low round $108,300 was additionally famous, which might assist preserve short-term bullish construction if the worth revisits it.
Merchants Anticipate Low Volatility Till Clear Sign
In accordance with Daan Crypto Trades, the market has been quiet since July. He stated, “It’s been some time because the market was really overheated,” adding that exterior of 1 transfer above $120K in July, value motion has remained regular. His view is that the market is ready for the subsequent main shift.
Tom Tucker identified that August adopted its ordinary development, with Bitcoin dropping round 6.5%. He stated,
“September has been difficult, but when it holds $100K assist, it may set off a powerful This fall rebound.”
August stored $BTC seasonal development intact, slipping ~6.5%. Nonetheless, this yr’s drop fared higher than the previous 4 Augusts.
Historical past rhymes, however this time it stings rather less.
September has been difficult, but when it holds $100K assist, it may set off a powerful This fall rebound. pic.twitter.com/u2TPsM40ZX
— Tom Tucker (@WhatzTheTicker) August 31, 2025
Notably, merchants now watch key resistance zones for affirmation. A transfer above $110,100 and sustained momentum may sign a shift. Till then, Bitcoin stays range-bound with each upside and draw back eventualities in play.
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