Alright, here’s the deal:
- Bitcoin’s stuck under $112.5K. Yes, again. Somewhere up there around $124K if it feels frisky, or crashing down near $106K if it decides to take a nap.
- MACD golden cross? Sounds fancy, right? It basically screams, “Hey, maybe this thing actually knows what it’s doing.”
- Big whales are sneaking out the back door with profits in hand. Classic move. They leave us holding the bag. Classic crypto drama. 🐋💸
Bitcoin’s Like That Guy Trying to Get Into a Club at $112,500
Bitcoin’s hovering just below $112,000 – that magic number that supposedly tells us what happens next. Lennaert Snyder (because someone has to sound smart here) says,
“If Bitcoin gets over $112,500, then maybe we can look up again. Otherwise, get ready for some shorts.”
Charts say if it breaks through, it’s off to the $122K-$124K pool party. If it gets rejected? Well, say hello back to $106K or even $101K, where Bitcoin apparently likes to ‘rest’ before pretending to rise again. So yeah, these are the “interesting” spots if you’re into gambling your life savings.
$BTC hanging out near $112,500 resistance.
Get over it and we’re all winners.
Fail, and shorts party like it’s 2017.
$106K support & $101K low are the consolation prizes.
– Lennaert Snyder (@LennaertSnyder) September 8, 2025
MACD Golden Cross: Sounds Like a Breakfast Order but Actually Means Something
ZYN (yes, that’s a real name) points out a “falling wedge” breakout and that fancy golden cross thing on the MACD indicator. Basically, some lines crossed each other, which in crypto speak is a “bullish moment.” Translation: maybe don’t sell everything just yet.
According to ZYN,
“$BTC MACD golden cross happened. This means what? Momentum shift! Pay attention or don’t, but you’ll regret it if you don’t.”
The price bounced from $106K and smashed past $111K. If the magic continues, next stop: $124K to $126K, which sounds suspiciously like a “hold my beer” moment.
Oh, and don’t forget: there’s some US economic mumbo jumbo coming this week – CPI and jobs report. Because nothing says excitement like government data that could make or break your entire portfolio overnight. Bitcoin’s playing coy near the resistance line, so buckle up. It’s gonna get bumpy.
Whales Are Cashing Out Like It’s Black Friday
CryptoQuant’s IT Tech (ugh, not the name of my IT guy at work) noticed whales are dropping holdings after hoarding like it’s a clearance sale. Total Bitcoin in whale wallets dipped under 3.36 million BTC, and the 30-day chart is flashing a “hey, something’s up” sign.
IT Tech says,
“When whales reduce exposure, it usually means one thing: they want to stir the pot or prepare for a surprise party. Spoiler alert: it won’t be your kind of party.”
Basically, these big fish are trimming their fins and grabbing cash while the rest of us are left staring at charts like we understand them. Classic.
So, Bitcoin’s got its nose pressed up against that $112,500 glass ceiling. Break through it and boom, the $124,000 club awaits. Fail, and back down to the $106K or $101K nap zone. With the momentum lines playing their little game and those scary economic numbers looming, this ride’s either gonna end in champagne or tears. Stay tuned, or don’t-your call.
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2025-09-08 15:46