{"id":94038,"date":"2025-09-05T10:12:18","date_gmt":"2025-09-05T10:12:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=94038"},"modified":"2025-09-05T10:12:18","modified_gmt":"2025-09-05T10:12:18","slug":"big-btc-breakout-brewing-bitcoin-prepares-for-ath-retest","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=94038","title":{"rendered":"Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Bitcoin trades under $113K, testing resistance after rebounding from late August lows near $108K.
\nAnalysts highlight breakout above descending trendline, with $116K next target and $124K retest possible.
\nOn-chain netflows show steady outflows, suggesting accumulation and reduced selling pressure during the recovery.<\/p>\n

Bitcoin Holds Near $113K<\/h2>\n

Bitcoin jumped past $112,000 earlier today after rebounding from late August lows of around $107,000. At press time, BTC is priced at $112,400 with daily trading volume of $42 billion. The move marks a 2% gain in the last 24 hours and a 1% rise over the past week.<\/p>\n

In fact, the recovery follows a pullback<\/a> from the recent all-time high near $124,000. Analysts note that liquidity was taken at those levels, and the market is now testing key resistance. Micha\u00ebl van de Poppe remarked,<\/p>\n

Let\u2019s break it upwards. That\u2019s great. $BTC<\/a> pic.twitter.com\/Gtnl1VNUAO<\/a><\/p>\n

\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) September 5, 2025<\/a><\/p>\n\n

Charts show overhead resistance levels at $114.7K, $116.8K, $119.9K, and the all-time high of $124.3K. A move through $114.7K\u2013$116.8K would confirm momentum and open the way for another retest of $124K.<\/p>\n

On the downside, immediate support stands at $111.5K and $108.9K. A broader accumulation zone remains between $100.9K\u2013$102.4K, which could come back into play if current resistance levels reject price action.<\/p>\n

Analysts Confirm Breakout<\/h2>\n

Rekt Capital pointed to Bitcoin\u2019s move above a descending trendline that had capped the price since mid-August. They wrote,<\/p>\n

\u201cBitcoin has technically fully confirmed its breakout. A Daily Close and\/or retest of the ~$113k region (red) would ensure additional trend continuation to the upside.\u201d<\/p>\n

<\/a>Source: Rekt Capital\/X<\/p>\n

According to this view, holding above $113K is critical for further gains. A confirmed close above this level may push BTC toward $116K in the short term and back to $124K if momentum builds.<\/p>\n

Netflows Signal Accumulation<\/h2>\n

On-chain data shows continued negative netflows, meaning more BTC is leaving exchanges than entering. In late August, outflows peaked near -30K BTC as the price slipped to $108K, suggesting accumulation during weakness.<\/p>\n

<\/a>Source: CryptoQuant<\/p>\n

Notably, that trend has persisted into September, with steady outflows supporting the rebound toward $113K. With fewer BTC available on exchanges, selling pressure appears reduced. Analysts caution that if netflows turn positive near $113K\u2013$116K, it could indicate profit-taking.<\/p>\n

Bitcoin is in consolidation<\/a> just below the resistance of $113K. Should the level hold, strength is indicated balance-wise by technical signals and flows on the blockchain. A clearing of $116K would increase the strength of the retesting of $124K high, and failure may shift the concentration to the $102K support zone.<\/p>\n

The post Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Bitcoin trades under $113K, testing resistance after rebounding from late August lows near $108K. Analysts highlight breakout above descending trendline, with $116K next target and $124K retest possible. On-chain netflows show steady outflows, suggesting accumulation and reduced selling pressure during the recovery. Bitcoin Holds Near $113K Bitcoin jumped past $112,000 earlier today after rebounding […]<\/p>\n","protected":false},"author":0,"featured_media":94039,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-94038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94038"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=94038"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/94038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/94039"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=94038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=94038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=94038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}