

Bitcoin (BTC) price cycle is 'increasingly longer”, with the latest forecast saying $124,000 is not the top
Table of contents
- Key points:
- Bitcoin’s momentum increases after breaking through key resistance
- Order book liquidity pattern suggests upward direction
The latest analysis shows that after Bitcoin (BTC) successfully breaks through and stands firm in key resistance areas, bulls are accumulating momentum to hit new historical highs.
Key points:
- Data shows that after Bitcoin returns to $114,000, there is still room for this bull market to rise.
- Historical cycle comparison shows that if the current top appears at $124,000, this bull market will last too short and do not conform to the typical pattern.
- The order flow and liquidity distribution provide "structural guidance" for the direction of BTC prices.
Bitcoin (BTC) is currently showing strong upward inertia, and analysts generally believe it is "difficult to easily reach the top." As key technical positions are broken, market sentiment turns to optimism.
Rekt Capital, a well-known trader and analyst, pointed out in its latest market commentary that Bitcoin is entering a new round of price discovery.
Resistance "gradually disintegrates" after Bitcoin breaks through
Driven by positive US macro data, Bitcoin once again stood at $114,000 on Wednesday, further consolidating its bullish advantage.
Rekt Capital pointed out in an update released by X platform that BTC/USD not only ends the short-term downward trend, but is also testing the key psychological and technical resistance zone of $113,000.
In his accompanying analysis, he explained that every time the price falls from around $113,000, the depth of the pullback continues to narrow, indicating that the selling pressure is gradually declining.
Although the process takes a long time, the role of $113,000 as the suppression position is significantly weakening.
Bitcoin/USD daily trend. Source: Rekt Capital/X
On September 2, Bitcoin ended a few weeks-long adjustment, and the closing price on the day effectively broke through the downward trend line, which had hit its lowest level in the past two months the day before.
Despite a fall below $108,000 at one point, Rekt Capital insists that the probability of this bull market peaking is extremely low - otherwise it will be one of the shortest-lasting bull cycles in history.
In fact, the current cycle shows signs of extension rather than shortening.
Bitcoin Order Book Reveals Potential Breaking Points
The market closely monitors the possible short squeeze in the short term.
Senior observer The Kingfisher emphasized that the "most" of open positions are concentrated above the current price, forming a strong short-term upward traction.
? $BTC: This clearing map clearly shows the structure. A large amount of liquidation is concentrated above the current price, which means *short positions are dense*.
Pay attention to the position 112,631.54 - this is the key point that shorts are most likely to be cleared. We are in an optical best time frame, which means the market will be at...pic.twitter.com/CpuEUacDF0
— TheKingfisher (@kingfisher_btc) September 10, 2025
Material Indicators co-founder Keith Alan also said on the X platform that the next resistance level is expected to fall near the 50-day simple moving average, which coincides with the $115,000 psychological mark.
The agency noted: "The overall trend shows high predictability, based on the synergy between dynamic liquidity distribution and giant whale-level order flow."
Bitcoin/USDT order book liquidity and giant whale trading data. Source: Material Indicators/X
The above is the detailed content of Bitcoin (BTC) price cycle is 'increasingly longer”, with the latest forecast saying $124,000 is not the top. For more information, please follow other related articles on the PHP Chinese website!

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Key points of the catalog: Bitcoin breaks through key resistance and strengthens the order book liquidity pattern suggests upward direction. Latest analysis shows that after Bitcoin (BTC) successfully breaks through and stands firm in the key resistance area, bulls are accumulating momentum to hit new historical highs. Key points: Data shows that after Bitcoin returns to $114,000, there is still room for this bull market to rise. Historical cycle comparison shows that if the current top appears at $124,000, this bull market will last too short and do not conform to the typical pattern. The order flow and liquidity distribution provide "structural guidance" for the direction of BTC prices. Bitcoin (BTC) is currently showing strong upward inertia, and analysts generally believe it is "difficult to easily reach the top." As key technical positions are broken, market sentiment turns to optimism. famous

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