{"id":47587,"date":"2025-09-15T13:47:25","date_gmt":"2025-09-15T13:47:25","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=47587"},"modified":"2025-09-15T13:47:25","modified_gmt":"2025-09-15T13:47:25","slug":"weekly-close-above-114k-boosts-bitcoins-bullish-case","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=47587","title":{"rendered":"Weekly Close Above $114K Boosts Bitcoin\u2019s Bullish Case"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Bitcoin tests $118K resistance, with $114K support key to confirming the end of correction.<\/li>\n<li>On-chain data shows cautious distribution, with no strong accumulation trend among major BTC holding groups.<\/li>\n<li>Realized cap rose $625B in 18 months, surpassing inflows from BTC\u2019s first 15 years.<\/li>\n<\/ul>\n<h2>Resistance Levels in Focus<\/h2>\n<p>Bitcoin was trading near $115,000 at press time, just under the $117,500\u2013$118,000 resistance zone. According to analyst Micha\u00ebl van de Poppe,<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Bitcoin<\/a> faces the final resistance before we\u2019re going to be seeing a new all-time high.<\/p>\n<p>Breaking through the $117.5K-118K and we\u2019ll be going towards a new ATH.<\/p>\n<p>Important week, really looking forward to the volatility of this week! <a href=\"https:\/\/t.co\/4U9Gr0guS0\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/4U9Gr0guS0<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1967496608418824645?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He added that a breakout above this level could trigger a move toward $123,000, while this week\u2019s Federal Reserve rate cut could add to volatility.<\/p>\n<p>Price action depicts higher lows and reinforces the trend since early September, underlining strength in the current movement. RSI is elevated, indicative of strong <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-analysis-btcs-path-to-new-ath-depends-on-holding-these-support-levels\/\" data-wpel-link=\"internal\">momentum<\/a>, but it stands close to overbought territory.<\/p>\n<p>Should resistance prove too strong for Bitcoin\u2019s bullish efforts, then the spotlight shifts to $114,800 for near-term support, followed by $112,000 for demand support, then deeper, farther down at $103,000.<\/p>\n<h2>Weekly Close Above $114K<\/h2>\n<p>Analyst Rekt Capital noted Bitcoin\u2019s weekly close above $114,000, calling it a step toward reclaiming its Reaccumulation Range. They <a href=\"https:\/\/x.com\/rektcapital\/status\/1967527650790191564\" data-wpel-link=\"external\" target=\"_blank\">wrote<\/a>,<\/p>\n<blockquote>\n<p>\u201cSuccessful reclaim of $114k as support would not just enable upside but also confirm a likely end to the corrective phase.\u201d<\/p>\n<\/blockquote>\n<p>Charts shared by Rekt Capital highlight a repeating pattern since 2023, where former resistance levels turned into support zones before the price continued higher. The current structure mirrors those earlier setups, with a successful retest of $114,000 potentially opening the path to $130,000.<\/p>\n<figure id=\"attachment_412557\" aria-describedby=\"caption-attachment-412557\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl.jpeg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-412557\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl.jpeg\" alt=\"Bitcoin (BTC) price chart\" width=\"1200\" height=\"869\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl.jpeg 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl-300x217.jpeg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl-1024x742.jpeg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl-768x556.jpeg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/09\/G04Ps-SWQAA_Qcl-50x36.jpeg 50w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\"><\/a><figcaption id=\"caption-attachment-412557\" class=\"wp-caption-text\">Source: Rekt Capital\/X<\/figcaption><\/figure>\n<h2>Distribution and Market Positioning<\/h2>\n<p>On-chain firm Glassnode <a href=\"https:\/\/x.com\/glassnode\/status\/1967522905056763911\" data-wpel-link=\"external\" target=\"_blank\">reported<\/a> that distribution among Bitcoin holders has slowed but not fully reversed.<\/p>\n<blockquote>\n<p>\u201cMost $BTC cohorts remain below the 0.5 threshold, indicating sell-side pressure persists. No group is showing strong accumulation (&gt;0.8),\u201d they stated.<\/p>\n<\/blockquote>\n<p>The market remains in a neutral-to-distribution range, with no clear signs of renewed accumulation among long-term holders.<\/p>\n<p>This suggests that while the price has held firm, supply dynamics remain cautious. Traders are watching closely to see if stronger inflows shift the balance toward accumulation.<\/p>\n<p>Analyst BitBull pointed to realized cap data showing record inflows. They wrote,<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">More money entered Bitcoin in the last 18 months than in its first 15 years combined.<\/p>\n<p>That\u2019s what Realized Cap shows:<br \/>\n<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/25aa.png\" alt=\"\u25aa\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 2009\u20132024 (15y): $435B<br \/>\n<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/25aa.png\" alt=\"\u25aa\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> 2024\u20132025 (1.5y): $625B<\/p>\n<p>Realized Cap = the value of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a> at the price they last moved on-chain \u2192 a direct measure of capital\u2026 <a href=\"https:\/\/t.co\/3vK0KVVtfg\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/3vK0KVVtfg<\/a><\/p>\n<p>\u2014 BitBull (@AkaBull_) <a href=\"https:\/\/twitter.com\/AkaBull_\/status\/1967496472091594943?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">September 15, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Data shows realized cap grew by $625 billion between 2024 and 2025, compared to $435 billion from 2009 to 2024.<\/p>\n<p>Realized cap measures Bitcoin at the price each coin last moved on-chain. This metric suggests BTC is not only holding value but is absorbing unprecedented levels of real capital in the current cycle.<\/p>\n<h2>Outlook<\/h2>\n<p>Bitcoin stands at a decisive level. <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-analysis-key-levels-btc-must-clear-to-escape-consolidation\/\" data-wpel-link=\"internal\">Breaking above<\/a> $118,000 with $114,000 reclaimed as support would signal the end of its corrective phase and pave the way for higher levels. Failure to hold could bring short-term pullbacks before another attempt higher. With Fed policy shifts ahead, volatility is expected to remain high across markets, keeping Bitcoin\u2019s next move in sharp focus.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/weekly-close-above-114k-boosts-bitcoins-bullish-case\/\">Weekly Close Above $114K Boosts Bitcoin\u2019s Bullish Case<\/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 tests $118K resistance, with $114K support key to confirming the end of correction. On-chain data shows cautious distribution, with no strong accumulation trend among major BTC holding groups. Realized cap rose $625B in 18 months, surpassing inflows from BTC\u2019s first 15 years. Resistance Levels in Focus Bitcoin was trading near $115,000 at press [&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-47587","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\/47587","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=47587"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/47587\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}