You Won’t Believe What Bitcoin’s Doing Now – Hold Onto Your Hats! 🤠💰

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TL;DR

  • Bitcoin done gone and made itself a weekly Golden Cross-like a lightning rod for wallets.
  • Eyeing that stubborn $110,100 fence, with dreams of charging up to $112,500 if it keeps its boots on.
  • Markets are as quiet as a frog on a moonlit night, while folks hold their breaths for a Q4 fireworks show.

Golden Cross Returns, Is BTC Ready?

Well now, Bitcoin’s gone and crossed them numbers again-the 50-week moving average ain’t just flirting with the 200-week anymore, it’s leapt right over it like a frog on a junebug. This here “Golden Cross” dance last strutted its stuff back in 2015, 2016, and 2019, each time sending prices on a joyride wilder than a Mississippi riverboat captain on payday. We’re talkin’ gains that’d make a bank robber blush-264%, 2,200%, and 1,190%. No small potatoes.

Come 2025, that show’s back on stage. But before you go sellin’ your barn for Bitcoin, just know the curtain ain’t lifted yet. It’s sittin’ just shy of $109,500, like a cat eyeing a fishbowl, waitin’ for the green light to cause a ruckus.

Bitcoin at a golden cross

Alt coins the most over sold they have EVER been

The bounce will be glorious

And it will be SOON

Are your bags packed?

– Gordon (@AltcoinGordon) August 31, 2025

Our friend Gordon looked at this and said, “Bitcoin’s sittin’ at a golden cross,” and that the altcoins were more forsaken than a tumbleweed in a desert storm. He reckoned a bounce that’d make a circus clown smile-and pronto, too. Sounds like he’s got his bags ready to hitch the wagon.

Basically, the charts are whisperin’ sweet nothings, but they ain’t hollerin’ just yet. We need to see if Bitcoin’s got the gumption to break free or just another horse that stumbles at the gate.

Price Approaches Key Resistance Zones

On the shorter ride-the 4-hour chart, mind ya-Bitcoin bounced up off $107,130 like a kid off a springboard, aiming square at the $110,100 crowd. Analyst Lennaert Snyder, who probably talks numbers in his sleep, reckons that level’s a mighty important fence. He said,

“Bitcoin grabbed liquidity and is pushing.”

If Bitcoin gets cozy over $110,100, Snyder reckons it could trot on up to $112,500. But if it gets spooked and fails, well, it might just tiptoe back down like a shy raccoon. There’s also chatter about a “higher low” hanging around $108,300-that’s just fancy talk for “don’t lose hope yet.”

Traders Expect Low Volatility Until Clear Signal

Daan Crypto Trades, a gent who probably wishes he was sittin’ on a beach rather than charts, says the market’s been quieter than a church mouse since July. Aside from a brief flirtation with $120K, nothing’s ruffled the waters much. He’s waitin’ for a shift big enough to wake the town.

Then there’s Tom Tucker, who noted August behaved like a stubborn mule-dropping about 6.5%, but still better than the last four Augusts, so maybe the mule’s learning some manners. He says,

“September has been tricky, but if it holds $100K support, it could trigger a strong Q4 rebound.”

August kept $BTC seasonal trend intact, slipping ~6.5%. Still, this year’s drop fared better than the past four Augusts.

History rhymes, but this time it stings a little less.

September has been tricky, but if it holds $100K support, it could trigger a strong Q4 rebound.

– Tom Tucker (@WhatzTheTicker) August 31, 2025

Now, with all eyes squinting at these price fences, the next move could be a real humdinger. But till then, Bitcoin’s sittin’ like a cat in a rocking chair-ready to pounce but careful not to spill the lemonade.

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2025-09-01 14:38