One of the dominant stories of this cycle is that “it’s different this time.” By reshaping the supply and demand dynamics of Bitcoin, many argue that they don’t see anything like the euphoric blow-off top that defined past cycles. Instead, the idea is that smart money and ETFs will smooth out volatility and replace enthusiasts with mature. But is that really true?

Emotions drive markets, even institutions

Skeptics often dismiss tools such as fear and greedy index as too simple, arguing that they cannot capture the nuances of institutional flows. But robbing emotions ignores the fundamental truth that the institution is still run by people, and people, no matter how deep the pockets, remain susceptible to the same cognitive and emotional biases that drive the market cycle!

Although volatility has diminished compared to previous cycles, travel from $15,000 to $120,000 is not overwhelming. And importantly, Bitcoin achieved this without the deep, expanded drawdown that marked the bull market of the past. The ETF boom and the accumulation of the Ministry of Corporate Treasury have shifted supply dynamics, but the basic feedback loop of greed, fear and speculation remains intact.

The market bubble is a timeless reality

Not only Bitcoin is susceptible to parabolic execution, but the bubble has been part of the market for centuries. Asset prices are driven by human behavior and are repeatedly surged beyond the basics. Studies consistently show that stability itself often breeds instability, and quiet periods promote leverage, speculation, and ultimately runaway price action. Bitcoin followed this same rhythm. During periods of low volatility, there has been an increase in open interest, leveraged builds and speculative bets.

Contrary to the belief that “sophisticated” investors are immune, research from the London School of Economics suggests opposition. Professional capital can accelerate bubbles by accumulating recent build-up, chasing momentum and amplifying movement. The 2008 Housing Crisis and the.com Bust were headed by an agency rather than retail-driven.

ETF Flow This cycle provides another powerful example. The period of net spill from spot ETFs is actually in line with the bottom of the local market. Rather than fully timing the cycle, these flows reveal that “smart money” is as prone to post-investment swarm behavior and trends as retailers do.

Capital flow could ignite the next leap in Bitcoin

On the other hand, looking at the global market, it shows how capital rotations fire on another parabolic leg. Since January 2024, gold’s market capitalization has skyrocketed from $14T to $24T to over $10 trillion. For Bitcoin, which currently has a market capitalization of around 2T, even a small portion of that kind of influx can have a huge effect thanks to the money multiplier. With about 77% of BTC held by long-term holders, only about 20-25% of the supply is easily liquid, making it a four-fold conservative money multiplier. That means a new inflow of $500 billion, just 5% of gold’s recent expansion, could lead to a $2 trillion increase in Bitcoin’s market capitalization, meaning a price well above $220,000.

Perhaps the most powerful case of a blow-off top is seeing a parabolic gathering already in this cycle. Since 2022, Bitcoin has performed multiple 60-100%+ runs within 100 days. Overlaying these fractals with current price action provides a realistic overview of how prices can reach between $180,000 and $220,000 by the end of the year.

The potential for a bitcoin parabolic remains unshakable

The story of institutional adoption eliminated parabolic blow-off tops underestimates both Bitcoin’s structure and human psychology. The bubbles are not a retail speculation accident. They are a recurring feature of historical markets, often accelerated by sophisticated capital.

This does not mean certainty. The market never functions that way. However, dismissing the possibility of top parabolics ignores market behavior for centuries and the unique supply demand mechanism that makes Bitcoin one of the most reflective assets in history. If anything, “It’s different this time” might mean that the rally is bigger, faster and more dramatic than most expected.

For deeper data, charts, and expert insights into Bitcoin price trends, visit bitcoinmagazinepro.com.

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Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always do your own research before making an investment decision.

Bitcoin (BTC) has surged from around $108,000 on September 1 to above $115,000 at the time of writing – recording a gain of roughly 4% over the past two weeks. However, fresh on-chain data suggests that Bitcoin may be on the cusp of a fresh rally that could propel it to new all-time highs (ATH).

Bitcoin Rises Above Mid-Term Holders’ Realized Price

According to a CryptoQuant Quicktake post by contributor ShayanMarkets, Bitcoin’s recent rebound from $107,000 to just above $114,000 has lifted the digital asset over the Realized Price of mid-term (3-6 months) holders.

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For the uninitiated, the mid-term holders’ Realized Price is the average acquisition cost of Bitcoin held by wallets that last moved their coins within the past 3–6 months. It serves as a key pivot level, often acting as support or resistance that reflects sentiment and potential sell pressure from this cohort.

Per analysis by ShayanMarkets, the mid-term holders’ Realized Price currently stands at around $114,000. Now that BTC has surged above this level, the likelihood of an immediate sell-off has reduced significantly. The analyst added:

A firm breakout and hold above this level would confirm renewed confidence from mid-term holders, potentially serving as the launchpad for another bullish leg that could propel Bitcoin to new all-time highs. Conversely, failure to hold above $114K risks shifting sentiment back toward caution and opens the path to deeper corrective moves.

A Bump On The Road For BTC

Fellow CryptoQuant contributor Gaah brought attention to short-term holders’ (STH) Spent Output Profit Ratio (SOPR), normalized with a 30-day moving average. The contributor noted that after four months of consistently operating above the break-even line, the indicator is now showing that STH are selling their holdings at a loss.

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The STH selling their BTC at a loss indicates a “momentary loss of confidence” on the part of speculators, who are typically more sensitive to changes in price. Although BTC has jumped from $60,000 to as high as $125,000 over the past year, the SOPR STH has recorded descending peaks.

In past cycles, a sharp surge in price was usually accompanied by peaks in the Extreme Greed region, suggesting strong retail participation. However, the current market cycle did not see any such dynamic at play, hinting that the rise in price was likely sustained by institutional investors.

Gaah added that historically, market tops have only been confirmed when SOPR STH levels reached levels of extreme greed, a development that has not yet occurred in the current rally. As a result, the long-term trend remains firm, and the current realization of losses may just be a temporary healthy pullback.

That said, some analysts caution that Bitcoin may already be very close to hitting its peak for this market cycle. Others predict that BTC may slump in September, before it resumes its bullish trajectory in Q4 2025. 

Still, some analysts forecast Bitcoin reaching as high as $150,000 by Christmas. At press time, BTC trades at $115,050, up 0.7% in the past 24 hours.

Featured image from Unsplash, charts from CryptoQuant and TradingView.com

The Bitcoin price action has just delivered one of the rarest and most closely watched signals in technical analysis — the Golden Cross. Analysts suggest that this powerful setup could lay the groundwork for an explosive rally, with speculations pointing toward a potential surge of over 100%. 

Bitcoin Price Chart Flashes Golden Cross

On Thursday, crypto analyst ‘Merlijn The Trader’ declared on X social media that Bitcoin has just flashed a Golden Cross, its rarest and most powerful technical signal. The analyst described this development as a historic moment that has only occurred three times since BTC’s inception. Each past occurrence has led to extraordinary price rallies, establishing the Golden Cross as a key signal that most traders and investors watch closely.

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Sharing a detailed price chart, Merlijn outlined Bitcoin’s trajectory after each prior Golden Cross, pointing to returns that have left an indelible mark on the cryptocurrency’s history and the market as a whole. In 2016, the appearance of a Golden Cross set the stage for a bull rally of roughly 264%, a move many saw as the opening act of BTC’s first major run into mainstream recognition. 

A year later, the signal reemerged in 2017, coinciding with Bitcoin’s meteoric rise of over 2,200%, culminating in the unprecedented high between $17,000 and $27,000. The third Golden Cross formation came in 2020, when BTC surged more than 1,190%, climbing from a low between $4,600 and $7,000 to roughly $69,000 by late 2021. Each instance not only marked a breakout rally but also achieved a new all-time high for the cryptocurrency. 

Now, in 2025, Bitcoin has reportedly triggered the Golden Cross signal for the fourth time in its history. Merlijn’s analysis highlights that this is not just a routine crossover but an ignition point. He noted that previous Golden Cross signals aligned with the start of Bitcoin’s most powerful bull phases. As a result, the current setup could prepare the cryptocurrency for another outsized rally to new ATHs. 

Based on historical data, even a conservative repeat of past percentage gains suggests Bitcoin could climb well beyond $200,000. A 100% rally from current levels above $115,000 could push the leading cryptocurrency well above $230,000. However, Merlijn’s chart points to an even greater move, projecting a potential surge to nearly $400,000.

Bitcoin Bull Market Support Bands Hold Firm

Crypto analyst Mags has also drawn attention to a different technical signal, reinforcing Bitcoin’s bullish case. According to him, BTC’s bull market support bands have acted as critical support zones in the past cycles, keeping the broader uptrend intact during temporary corrections. 

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Throughout this cycle, each time Bitcoin’s price tested the bull market support band, it managed to hold and rebound strongly. The most recent test saw the cryptocurrency bounce cleanly off the band, suggesting buyers are stepping in at these levels to defend support. Mags added that this consistent support has created a foundation for further gains in BTC’s price, indicating that the market is not overextended. 

Featured image from Pixabay, chart from Tradingview.com

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Forward Industries, known for making protective casing for medical devices, has announced a massive $1.65B private placement to go big on Solana ($SOL).

Backed by big names like Galaxy Digital and Multicoin Capital, the move shows tremendous institutional confidence in Solana’s future.

Forward Industries’ stocks shot up by 6% right after the announcement and have continued to rise steadily overall, indicating the market took it well.

With Solana looking good, now is the perfect time to look at Snorter Token ($SNORT), the Swiss-army knife you need for trading everything Solana-based.

Why the Enthusiasm? Understanding Solana’s Momentum

Why are the big players piling into Solana right now? The technical indicators could hold the answer. Solana’s price chart is showing what traders call a bull pennant pattern.

Think of it as a pause in the middle of a major run-up. The price surged over 70% from June to August, and now it’s catching its breath before a potential big move. If the pattern plays out, some analysts predict the price could hit $300 in the near term, with some even eyeing $1K down the road.

Beyond the charts, the network itself is thriving. Solana’s Total Value Locked (TVL) has skyrocketed to $12.987B, a massive 109% jump since April, driven by increased activity on popular dApps like Raydium and Jupiter.

The combo of strong technical signals and real-world growth is what makes Solana such an attractive bet for big investors and companies alike. Projects like Snorter Token ($SNORT), which amplify real-world growth by making Solana-based trading easier, can only strengthen the network.

Snorter Token ($SNORT): A New Class of Utility-First Meme Coin

Lots of tokens pop up based on a funny joke or meme, but Snorter Token ($SNORT) is a different beast. It combines meme coin vibes with advanced tools for traders.

$SNORT is the official token for the Snorter Bot, a trading bot in its beta phase built directly on Telegram. It’s not a promise of future utility; this is a token with a working product.

Holding $SNORT allows you to access various premium features that help you navigate volatile meme coin markets. These include lightning-fast sniping, copy-trading to learn from the best, and rug-pull detection to keep you safe from malicious projects.

In addition to the trading tools, you also benefit from reduced trading fees, paying 0.85% compared to 1.5% for non-holders. The incentive directly rewards platform engagement, creating sustainable demand for the token.

The Vision: Building a Community on a Foundation of Value

Snorter Token ($SNORT) has raised over $3.8M in its presale so far, which shows investors are paying attention. It’s also been professionally audited by firms like SolidProof and Coinsult, which builds trust and credibility.

$SNORT isn’t just a hype-driven meme coin; it’s the key to a set of tools designed to give retail traders the edge over bots and whales.

This is also just the beginning. The project’s roadmap points to continuous expansion and value creation. After launching on Solana and Ethereum, the team plans to expand to other major blockchains like BNB Chain and Polygon.

Time to get your nose to the ground and sniff up some $SNORT? Join the presale now.

Remember, this is not intended as financial advice, and you should always do your own research before making any financial investments.

Authored by Ben Wallis, Bitcoinist — https://bitcoinist.com/solana-rally-after-$1.68B-treasury-purchase-snorter-soars/

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

While the market had a decent chance for a solid recovery, which we highlighted in our previous crypto market prediction, we are seeing signs that hint at the problematic state of the current rally. However, in the case where Bitcoin breaks through around $115,000, the acceleration would be imminent even on Sept. 12.

Shiba Inu’s bullish approach

Shiba Inu is stabilizing around $0.000013, and it is starting to exhibit technical dominance. SHIB is now taking back key moving averages after months of sideways consolidation and unsuccessful breakout attempts, setting itself up for possible growth in the near future.

SHIB has successfully broken through its 50-day Exponential Moving Average (EMA) on the daily chart, a technical milestone that frequently denotes a change in momentum from bearish to bullish. Throughout SHIB’s downward trend, the 50 EMA has continuously served as resistance, making this move noteworthy. Traders are starting to see this as a structural shift in market sentiment, now that the token is trading above it.

With rising volume and a strengthening Relative Strength Index (RSI), which is currently hovering just below overbought levels, the current price action indicates that SHIB is beginning to form a gradual uptrend. This shows that, although there are no immediate signs of exhaustion, buying interest is growing.

The next resistance levels to keep an eye on, if momentum keeps up, are the 200-day EMA at about $0.000014, and the $0.000015 zone, which has historically been a region with a lot of liquidity.

Looking at it more broadly, SHIB’s dominance is psychological as well as technical. Retaining price stability above the $0.000013 threshold boosts holders’ confidence, which lowers panic-selling and promotes accumulation. Given its ability to withstand market volatility, the token is becoming more and more significant in the meme-coin ecosystem, where it is still vying for market share with Dogecoin.

But caution is still required. Even though the 50 EMA breakthrough is a positive sign, SHIB still has to contend with longer-term resistance lines that might halt its upward trend if market sentiment declines. Investors ought to keep an eye on SHIB’s ability to maintain its position above the 50 EMA and progressively test higher moving averages.

XRP approaches key level

A critical test that could determine XRP’s short-term course is approaching at $3.00. As momentum builds toward a potential breakout attempt within the next day, the asset has been consolidating below a descending trendline. Just below the crucial psychological and technical barrier at $3.00, XRP is currently trading at about $2.99 on the daily chart.

Bullish sentiment has been strengthened by the recent rally, which has been bolstered by robust buying volume and a recovery above the 50-day and 100-day EMAs. The 200-day EMA and the descending resistance trendline, however, are convergent around the $3 area, making it a difficult obstacle to overcome.

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In the short term, if XRP is able to break through $3 with convincing volume, it may lead to a surge of buying momentum that pushes the asset toward $3.30 to $3.50. This would confirm the bullish outlook for the upcoming weeks by clearly reversing the trend from its most recent corrective phase.

But if $3 is not broken, there may be rejection and a decline toward $2.80 or even $2.70, where the 100-day EMA offers support. This situation would prolong the consolidation phase by indicating that bulls are not yet powerful enough to overcome resistance.

The next day is important for investors. Rejection could result in another period of range-bound trading, while a confirmed breakout above $3 would suggest the possible beginning of a larger rally. Increased volume and momentum shifts around the $3 mark are indicators that traders should keep an eye out for, because they will shed light on XRP’s immediate trajectory.

Bitcoin’s steady rise

Bitcoin is stabilizing close to the $114,000 mark, laying the groundwork for what may be a rally toward the much-awaited $150,000 mark.

Bitcoin has successfully surpassed its 50-day Exponential Moving Average (EMA), which is frequently regarded as a turning point for momentum, following weeks of consolidation and testing lower supports. During corrective phases of recent market cycles, the 50 EMA has proven to be a dependable resistance barrier. Bitcoin’s recovery of this level suggests that there may be a change from short-term pessimism to fresh bullish sentiment. Because the 50 EMA breakout has historically preceded robust price recoveries, traders frequently see this as the first confirmation of a structural rebound.

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Buying activity is steadily rising, and volume patterns are supporting the breakout. Although it is still below overbought levels, the Relative Strength Index (RSI) is rising at the same time, suggesting that there is still potential for more upside without any immediate signs of exhaustion. If momentum continues, the next crucial resistance levels are located between $118,000 and $120,000, which is where liquidity has traditionally gathered.

Generally, the market is looking positive, but numerous reversal signals are there, so becoming euphoric too early is certainly not the call here. Staying put at around local resistance and awaiting breakthroughs on altcoins would be the only sign of a continuation at around this level.

Bitcoin breaks the long-term trendline: the familiar cycle signal

Veteran crypto analyst Cryptoelites recently revealed a very bullish perspective on Bitcoin’s recent price action. Analysis shows that Bitcoin has successfully broken beyond its chart’s important long-term trendlines, a movement that marks a major change in the market trajectory.

Following this breakout, Bitcoin has entered the consolidation phase. This pattern is particularly noteworthy as it reflects behavior seen in previous market cycles.

Such post-destruction integration has historically served as a precursor to a much larger price movement. Based on this historical precedent and current chart patterns, analysts are confident that a major movement is on the horizon.

BTC faces strong rejection in the key resistance zone

Despite the optimistic signal born from Bitcoin’s recent trendline breakout, not all analysts are sure the market is ready for a full-scale gathering. In a recent update, Alpha Crypto Signal noted that BTC is still facing strong rejection in the key horizontal resistance zone of the daily chart. This resistance continues to focus on price action and keeps the broader structure tilted towards a bearish attitude.

Analysts highlighted that upward movements from current levels are risky for a temporary recovery unless Bitcoin achieves a compelling breakout that surpasses ATH. In the analyst’s view, such a move can easily turn into “dead cat bounce.” This is a short-lived rally that cannot establish sustainable bullish momentum.

In addition to this note, Alpha Crypto Signal also expressed skepticism about the ongoing Altcoin Rally, describing it as a potential liquidity trap. Experts say market makers can use this surge to lure retailers into premature long positions before triggering their next major downward leg. This strategy is a recurring pattern in past cycles and should not be underestimated by market participants.

Still, Crypto analysts acknowledged that there are short-term opportunities. Experts emphasized that if traders adopt strict stop losses and maintain disciplined risk management, the longing bounce remains a viable strategy. Currently, the market is in the “trap realm”, demanding accuracy and attention, trading movements, but not being caught up in a setup designed to shake carelessness.

Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

Crypto traders remain cautious ahead of Thursday’s U.S. CPI report, with BTC trading flat above $111,600, and ETH at $4,298. The CD20, a measure of the performance of the largest digital assets, is trading above 4,000, up 1.6%.

The August Nonfarm Payrolls miss, just 22,000 jobs added versus expectations of 75,000, pushed futures higher and dragged 2-year Treasury yields to year-lows as markets priced in 72 bps of cuts this year. Yet crypto remains rangebound, diverging from broader risk sentiment.

Options markets confirm the defensive stance. QCP Capital noted in its recent Asia Market Update that risk reversals are increasingly skewed toward puts, with short-dated implied vols elevated into CPI.

Polymarket data backs this positioning: ETH carries a 70% chance of staying above $4,600 this month but only 13% odds of breaking $5,600. Traders are bracing for turbulence, not chasing upside. SOL is the outlier, with odds of a new all-time high before 2026 rising sharply, signaling improving breadth beneath the surface.

In a note to CoinDesk, market maker Enflux argues that the SEC’s forward-looking rules for token sales and listings, combined with the steady march of institutions like Coinbase into major indices, show how deeply crypto is embedding into the system. This is the “split-screen reality” of 2025: speculation dominates headlines, while adoption rails are being laid in the background.

The legitimacy narrative also played out in real time on Friday. Michael Saylor’s Strategy was left out of the S&P 500 despite meeting all criteria, while Robinhood was unexpectedly included instead, sending its stock up 7% and underscoring that crypto-adjacent firms with diversified business lines may reach blue-chip status faster than pure treasury plays.

WLFI’s turmoil illustrates the speculative side of the split-screen. The protocol froze over 270 wallets, including Justin Sun’s, to “protect users” after phishing-related compromises.

“On one side, speculative narratives like WLFI risk cannibalizing themselves through governance drama,” Enflux wrote in its note. “On the other hand, institutional-grade infrastructure and regulation are solidifying at a pace that suggests the rails for mainstream adoption are being laid faster than most expect.”

Onchain data shows Sun’s transfers came hours after WLFI’s crash, which was instead driven by shorting and dumping across exchanges. Yet the freeze rattled whales and market makers – shocked that the free market of crypto could be broken by protocol governance fiat – with insiders asking: “If they can do it to Sun, who’s next?”.

The takeaway: near-term volatility and governance drama may cap upside, but the deeper story is that crypto’s institutional and regulatory foundations are hardening.

“Structural legitimacy, not speculation, remains the real story of 2025,” Enflux continued.

For traders, that means bracing for CPI noise; for investors, it means the legitimacy story continues to build.

Market Movement:

BTC: Bitcoin is holding steady above $111K, with support from consolidation near key resistance levels and solid on‑chain support zones. Analysts suggest this stability could pave the way for a breakout, though some caution about a possible pullback toward $100K exists

ETH: Ethereum’s price has eased slightly intraday, trading around $4.3K. This movement may reflect broader crypto market dynamics, including relatively subdued demand and positioning around current technical levels.

Gold: Gold has surged to fresh record highs, recently hitting ~$3,636/oz, as expectations of U.S. interest rate cuts rise amid weak labor data, a soft U.S. dollar, geopolitical concerns, and continued central bank demand.

Nikkei 225: Japan’s Nikkei 225 rose 0.9% to a record high and the Topix gained 0.52% as investors bet a new LDP leader could deliver fresh fiscal stimulus following Prime Minister Shigeru Ishiba’s resignation.

S&P 500: U.S. stocks edged higher Monday, with the S&P 500 up 0.2%, as investors awaited inflation data to gauge the likelihood of a jumbo Fed rate cut next week.

Elsewhere in Crypto

• Upbit Parent Files ‘GIWA’ Trademarks Amid Rumors of New Blockchain Launch (CoinDesk)
• How Trump Came Around to Crypto and What Crypto Wants in Return (Bloomberg)
• Kalshi’s $875 million in August trading volume, recent funding signal rising competition with Polymarket (The Block)

XRP has drawn plenty of comparisons over the past few months, but one analyst believes the best way to understand its future is to look at Amazon’s past. Nick Anderson, better known as BULLRUNNERS on the social media platform X, says XRP is going through the same kind of consolidation Amazon faced in 2010, and it still has the potential to rally to $200. The key difference, however, is the patience investors will need before this rally can happen.

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Amazon’s Breakout Holds The Clues For XRP

XRP’s price action in the past seven days has been highlighted by a trading range between $2.8 and $2.9. The cryptocurrency now seems stuck within this range, but it has managed to hold above $2.8 for the meantime. Interestingly, Anderson likened this consolidation move to a similar retest of a previous high by the Amazon stock (AMZN) back in 2010. 

In his post, Anderson highlighted how Amazon stock spent roughly 3,800 days consolidating after the dot-com crash before finally breaking past its previous high and entering a meteoric run. However, before entering into this meteoric run, it consolidated for a few months in 2010 just after breaking above its previous high during the dot-com bubble. 

According to Anderson, XRP’s current structure is tracing out a massive cup and handle that mirrors this exact Amazon stock setup, with the cryptocurrency now using past highs as support in the same way Amazon did. Just as Amazon transformed once it cleared resistance, Anderson believes XRP could follow a similar breakout trajectory that could eventually push its price above $100, and possibly as high as $200.

Short-Term Expectations Between $5 And $30

In his assessment, Anderson noted that this predicted rally to $200 might take many years to come to fruition. Comparing today’s price of around $2.80 to Amazon’s $5 launch point before its monumental rally, this would probably be the best time for XRP investors to accumulate for the long term. For younger investors, holding XRP for the next 10 to 15 years could prove transformative, with as little as 10,000 XRP amounting to $1 million in value if the cryptocurrency eventually climbs to $100.

Despite his long-term forecast, Anderson is more cautious about what XRP might achieve this cycle. He stated that while a push to $100 in the near term would be “absolutely insane”, a more realistic target for this bull run could lie between $5 and $30. After that, he expects another correction to set in before the rally resumes sometime around the end of the decade. 

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Anderson also left room for a more explosive scenario, noting that XRP could deliver what he called a “giga rally” if liquidity rushes into the market faster than expected. This is based on the growing anticipation around the adoption of ISO 20022 by the US Federal Reserve.

At the time of writing, XRP is trading at $2.81.

Featured image from Unsplash, chart from TradingView