Key points:
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Bitcoin merchants reveal the key price of BTC for a bull recovery.
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The risk of a “double top” for the price remains, with $ 102,000 on the radar should support the failure.
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Bitcoin’s upward market doesn’t have much time left, if history is a guide.
Bitcoin (BTC) approached $ 113,000 after Wednesday’s Wall Street Open, since buyers tried to consolidate a market rebound.
Price Price Bisa de BTC at $ 112,000
Co -Intelegraph Markets Pro and Commercial view He showed local maximums of $ 112,646 in Bitstamp.
Now more than $ 3,000 of a minimum of several weeks seen the previous day, BTC/USD continued to divide opinions about where it could go below.
“$ BTC has claimed its EMA-100 level,” Bitbull Popular Trader wrote in a Publish in xreferring to the exponential mobile average of 100 days to $ 110,850.
“This has been very crucial for background formation, and for now the bulls still have control. If BTC has this level, I would not be surprised to see a rally towards a level of $ 116K- $ 117K.”
While maintaining a bassist bias, his companion merchant Roman, who this week called Time on the Bitcoin Bull Market completely, emphasized the importance of the $ 112,000 brand.
“It looks like a breakdown and a new bearish test for now. If the 112K support is really lost, the 102K support should be the following. It also seems that a double top is confirming here.” said X followers in the day.
“I hope lower in the next few days, unless we completely recover the 112K support.”
Meanwhile the popular merchant and analyst Rekt Capital repeated similarities between the current BTC price setback and the previous Alcistas markets.
“The story is not always repeated, but often rhyme,” he summarized, confirming that Price had entered his second “pricing correction.”
“Bitcoin ended up gathering in new maximums of all time for week 6 before the transition to Price Discovery Correction 2. The story suggests that this setback will probably be less low and shorter than the past.”
Is the time for the upward market exhausted?
The debate also focused on the longevity of the upward market, with the participants of the market torn in a similar way for how long it could last.
Related: Bitcoin can still reach $ 160K at Christmas with the return of Q4 ‘average’
For Rekt Capital, the story requires that October form the deadline for a change in bearish trend.
The previous bullish market lasted 152 weeks
That’s ~ 1064 days
Almost 3 years
We have 144 weeks after this upward market.$ BTC #Crypto #Bitcoin
– Rekt Capital (@rektcapital) August 27, 2025
This contrasts with the hope that the next Bitcoin Bear market is still free, an opinion presented by David Bailey, Bitcoin’s dedicated advisor to the president of the United States, Donald Trump.
“There will be no other Bitcoin Bear market for several years,” Bailey argued In X the weekend, pointing out the institutionalization of BTC as an asset.
This article does not contain advice or investment recommendations. Each investment and trade movement implies risk, and readers must carry out their own investigation by making a decision.