Bitcoin (BTC) has seen a rebound of 4% of the minimums to re -test a crucial resistance level, which could determine whether a breakdown or breakdown is as follows. Meanwhile, an analyst suggested that the last leg and BTC cycle could arrive in the coming weeks.
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Bitcoin key level attempts claim
After its recent fall, Bitcoin is now trying to get out of its high local range and recover the $ 111,000 zone as support. When September began, the badly cryptography tested the low range of $ 107,000 before bouncing 4% to the upper local limit.
The analyst Ali Martínez said that BTC has been negotiating in a descending channel in the 4 -hour table during the last two weeks. The cryptocurrency reaped the upper limit of the pattern, around $ 110,700, which broke over this area on Tuesday morning.
For the market observer, Bitcoin needs to close above $ 110,700 for a significant rebound, since a confirmed rupture above this level could prepare the stage for a new $ 113,500 test.
On the contrary, not claiming this resistance will probably reinforce the bassist impulse and deepen the correction, warned the analyst, adding that “the Superrend indicator also aligns with this area, maintaining a bass posture of $ 110,700.”
Meanwhile, Sjuul of AltCryptogems suggested that Bitcoin is trying to replicate the same play book of recent significant bombs. According to the painting, the bad cryptography has entered a corrective period after a new historical maximum (ATH), showing a wedge pattern that falls before leaving again.
According to this, the level of $ 108,000 is a key area for the bulls, since it serves as a crucial rebound point. Maintaining this level “would confirm the strength of BTC in the highest period of time, showing a formidable price action with turning and resistance repeat.”
For Sjuul, Bitcoin is in a “critical situation to continue touching the same melody”, and not maintaining it would increase the risks of a correction greater at the level of $ 98,000, where the weekly EMA50 is located.
BTC to the peak in the coming weeks?
Rekt Capital gave a higher term perspective for badly cryptography, highlighting that BTC has shown mixed signals after not closing the week above the level of $ 109,000. This level previously served as the final weekly resistance before New ATHS, which suggests that it could be the first technical signal of a bearish confirmation.
However, he said that while the weekly term is “showing early signs of weakness, the monthly chart tells a different story.” In particular, Bitcoin has had its macro range of $ 107,200- $ 116,000.
In addition, the monthly candles have produced long downward wicks throughout the cycle, with deep reestimations that often occur before the continuation of the trend. This suggests that the broader market structure remains intact despite the weekly pressure.
As you advance this week, the cryptocurrency could see greater volatility, touching the $ 104,000 in a wick. He said that “if the weekly deadline confirms the rejection of $ 107K and progresses to bassist confirmation, that could be the trigger for such a monthly wick.”
In this case, “then the price objective would be to synchronize with the monthly range before the monthly closure is” to maintain the macro structure and prepare the stage for a last stage.
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The analyst also pointed out that the previous upward market lasted approximately 152 weeks, while this is already in 145 weeks. This could indicate that only about seven weeks are left if the current upward market repeated its previous performance.
“If Bitcoin will reach its maximum point in its upward market in mid -September/mid -October 2025 according to the historical cycles of half the middle … which are two weeks away or 1.5 months away,” concluded the analyst.
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