{"id":49879,"date":"2025-09-09T11:58:26","date_gmt":"2025-09-09T11:58:26","guid":{"rendered":"https:\/\/crypto-globe.com\/?p=49879"},"modified":"2025-09-09T12:01:39","modified_gmt":"2025-09-09T12:01:39","slug":"bitcoin-has-once-again-surpassed-112000-with-a-logical-rebound-zone-nearby","status":"publish","type":"post","link":"https:\/\/crypto-globe.com\/en\/bitcoin-has-once-again-surpassed-112000-with-a-logical-rebound-zone-nearby\/","title":{"rendered":"Bitcoin has once again surpassed $112,000, with a logical rebound zone nearby"},"content":{"rendered":"\n

Bitcoin managed to withstand the latest decline that followed the release of US macroeconomic data and remained above the key $110,000 mark. According to cryptocurrency trader and analyst Micha\u00ebl van de Poppe, this situation is \u201creally promising\u201d for the largest cryptocurrency on the market.<\/strong><\/p>\n\n\n\n

Bitcoin between key levels<\/h2>\n\n\n\n

However, traders continue to have differing opinions on short-term price developments. Analyst Cipher X<\/strong><\/a> pointed out that the $112,000 level could be crucial. If the bulls fail to regain it, there is a risk of opening the way to new lows. Trader Crypto Tony adds that a break above $113,000 could mean a path to new highs<\/strong><\/a>, while a rejection at this level could knock the price back down to $100,000.<\/p>\n\n\n\n

Trader TurboBullCapital pointed out important moving averages \u2014 the 50-day SMA at $115,035 and the 200-day SMA at $101,760.<\/strong> If bitcoin<\/strong><\/a> loses the $107,000 area, a decline towards $101,000, the 200-day average, could follow.<\/p>\n\n\n\n

Short squeeze could push bitcoin above $150,000<\/h2>\n\n\n\n

There is also a theory emerging in the market<\/strong><\/a> that there could be a massive short squeeze that would push the price of Bitcoin above $150,000. This hypothesis is based on the behavior of market makers in order books and suggests that short sellers could fall victim to market manipulation, similar to what happened at the end of 2024.<\/p>\n\n\n\n

Fibonacci retracement levels suggest that the maximum likely price decline is approximately 10%, which is consistent with historical trends since the end of last year. Bitcoin usually finds its bottom at the 0.382 Fibonacci extension level \u2013 as was the case in the third quarter of 2024 and the second quarter of 2025, and this scenario is highly likely to repeat itself soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin managed to withstand the latest decline that followed the release of US macroeconomic data and remained above the key $110,000 mark. According to cryptocurrency trader and analyst Micha\u00ebl van de Poppe, this situation is \u201creally promising\u201d for the largest cryptocurrency on the market. Bitcoin between key levels However, traders continue to have differing opinions […]<\/p>\n","protected":false},"author":2,"featured_media":49871,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[162],"tags":[99,110,93],"class_list":["post-49879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","tag-bitcoin-en","tag-crypto","tag-cryptocurrencies"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t