{"id":45906,"date":"2025-09-05T10:16:56","date_gmt":"2025-09-05T10:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=45906"},"modified":"2025-09-05T10:16:56","modified_gmt":"2025-09-05T10:16:56","slug":"big-btc-breakout-brewing-bitcoin-prepares-for-ath-retest","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=45906","title":{"rendered":"Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Bitcoin trades under $113K, testing resistance after rebounding from late August lows near $108K.<\/li>\n<li>Analysts highlight breakout above descending trendline, with $116K next target and $124K retest possible.<\/li>\n<li>On-chain netflows show steady outflows, suggesting accumulation and reduced selling pressure during the recovery.<\/li>\n<\/ul>\n<h2>Bitcoin Holds Near $113K<\/h2>\n<p>Bitcoin jumped past $112,000 earlier today after rebounding from late August lows of around $107,000. At press time, BTC is priced at $112,400 with daily trading volume of $42 billion. The move marks a 2% gain in the last 24 hours and a 1% rise over the past week.<\/p>\n<p>In fact, the recovery follows a <a href=\"https:\/\/cryptopotato.com\/bitcoins-supercycle-pattern-points-to-150k-says-analyst\/\" data-wpel-link=\"internal\">pullback<\/a> from the recent all-time high near $124,000. Analysts note that liquidity was taken at those levels, and the market is now testing key resistance. Micha\u00ebl van de Poppe remarked,<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Let\u2019s break it upwards. That\u2019s great. <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a> <a href=\"https:\/\/t.co\/Gtnl1VNUAO\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/Gtnl1VNUAO<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1963865145399992803?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 5, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Charts show overhead resistance levels at $114.7K, $116.8K, $119.9K, and the all-time high of $124.3K. A move through $114.7K\u2013$116.8K would confirm momentum and open the way for another retest of $124K.<\/p>\n<p>On the downside, immediate support stands at $111.5K and $108.9K. A broader accumulation zone remains between $100.9K\u2013$102.4K, which could come back into play if current resistance levels reject price action.<\/p>\n<h2>Analysts Confirm Breakout<\/h2>\n<p>Rekt Capital pointed to Bitcoin\u2019s move above a descending trendline that had capped the price since mid-August. They wrote,<\/p>\n<blockquote>\n<p>\u201cBitcoin has technically fully confirmed its breakout. A Daily Close and\/or retest of the ~$113k region (red) would ensure additional trend continuation to the upside.\u201d<\/p>\n<\/blockquote>\n<figure id=\"attachment_411465\" aria-describedby=\"caption-attachment-411465\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-411465\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW.jpeg\" alt=\"Bitcoin BTC price chart\" width=\"1200\" height=\"869\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW.jpeg 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW-300x217.jpeg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW-1024x742.jpeg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW-768x556.jpeg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G0EZGEAWQAEyCWW-50x36.jpeg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-411465\" class=\"wp-caption-text\">Source: Rekt Capital\/X<\/figcaption><\/figure>\n<p>According to this view, holding above $113K is critical for further gains. A confirmed close above this level may push BTC toward $116K in the short term and back to $124K if momentum builds.<\/p>\n<h2>Netflows Signal Accumulation<\/h2>\n<p>On-chain data shows continued negative netflows, meaning more BTC is leaving exchanges than entering. In late August, outflows peaked near -30K BTC as the price slipped to $108K, suggesting accumulation during weakness.<\/p>\n<figure id=\"attachment_411464\" aria-describedby=\"caption-attachment-411464\" style=\"width: 4000px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-411464\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges.png\" alt=\"Bitcoin Exchange Netflow (Total) - All Exchanges\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges.png 4000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-300x169.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-1024x576.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-768x432.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-1536x864.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-2048x1152.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/Bitcoin-Exchange-Netflow-Total-All-Exchanges-50x28.png 50w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\"><\/a><figcaption id=\"caption-attachment-411464\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<p>Notably, that trend has persisted into September, with steady outflows supporting the rebound toward $113K. With fewer BTC available on exchanges, selling pressure appears reduced. Analysts caution that if netflows turn positive near $113K\u2013$116K, it could indicate profit-taking.<\/p>\n<p>Bitcoin is in <a href=\"https:\/\/cryptopotato.com\/bitcoin-bull-market-ending-in-50-days-says-analyst\/\" data-wpel-link=\"internal\">consolidation<\/a> just below the resistance of $113K. Should the level hold, strength is indicated balance-wise by technical signals and flows on the blockchain. A clearing of $116K would increase the strength of the retesting of $124K high, and failure may shift the concentration to the $102K support zone.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/big-btc-breakout-brewing-bitcoin-prepares-for-ath-retest\/\">Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Bitcoin trades under $113K, testing resistance after rebounding from late August lows near $108K. Analysts highlight breakout above descending trendline, with $116K next target and $124K retest possible. On-chain netflows show steady outflows, suggesting accumulation and reduced selling pressure during the recovery. Bitcoin Holds Near $113K Bitcoin jumped past $112,000 earlier today after rebounding [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-45906","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45906","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45906"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/45906\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}