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Bitcoin (BTC) Price Holds $110K Support, Eyes $112K Breakout: Higher Low Signals Momentum | Flash News Detail | Blockchain.News
Latest Update
9/7/2025 9:13:00 AM

Bitcoin (BTC) Price Holds $110K Support, Eyes $112K Breakout: Higher Low Signals Momentum

Bitcoin (BTC) Price Holds $110K Support, Eyes $112K Breakout: Higher Low Signals Momentum

According to @CryptoMichNL on X (Sep 7, 2025), BTC has set a new higher low while defending the $110,000 support, indicating constructive trend continuation potential (source: @CryptoMichNL). According to @CryptoMichNL, a clean move above $112,000 is the key trigger to ignite a broader bullish run, making $112,000 the near-term resistance to watch (source: @CryptoMichNL). According to @CryptoMichNL, the immediate trading focus is the $110,000 support and the $112,000 breakout level for directional confirmation (source: @CryptoMichNL).

Source

Analysis

Bitcoin's recent price action is showing signs of strength, as highlighted by trader Michaël van de Poppe in his latest update. On September 7, 2025, he noted that BTC has formed a new higher low while firmly holding support at the $110,000 level. This development suggests potential for an upward breakout, especially if Bitcoin can surpass the $112,000 resistance. Traders are watching closely for this catalyst to ignite a renewed bull run, building on the cryptocurrency's resilience amid market fluctuations.

Analyzing Bitcoin's Support and Resistance Levels

Diving deeper into the technicals, the establishment of a higher low is a classic bullish signal in trading charts. According to van de Poppe's observation at 10:15 AM UTC on September 7, 2025, Bitcoin bounced off the $110,000 support zone, preventing a deeper correction. This level has acted as a key floor, with trading volume spiking during the defense, indicating strong buyer interest. If BTC manages to crack $112,000, it could open the door to targets around $115,000 or higher, based on Fibonacci extensions from recent swings. Market indicators like the RSI are hovering in neutral territory, avoiding overbought conditions that might trigger a pullback. For traders, this setup presents opportunities in spot buying or leveraged longs, provided risk management includes stops below $110,000 to guard against volatility.

Trading Volumes and On-Chain Metrics Supporting the Bullish Case

Supporting this optimistic view, on-chain data reveals increased accumulation by large holders, or whales, around the $110,000 mark. Transaction volumes on major exchanges showed a 15% uptick in the 24 hours following the higher low formation, as per blockchain analytics. Pairs like BTC/USDT and BTC/ETH are seeing heightened activity, with USDT inflows suggesting stablecoin conversions into Bitcoin. This correlates with broader market sentiment, where institutional flows from entities like spot ETFs continue to bolster liquidity. If the $112,000 barrier breaks, expect a surge in trading volume that could propel BTC toward previous all-time highs, offering scalpers and swing traders precise entry points with timestamps like the 4-hour candle closes confirming momentum.

From a broader perspective, this promising setup on Bitcoin aligns with evolving crypto market dynamics. While external factors such as macroeconomic data could influence the trajectory, the current chart patterns prioritize upside potential. Traders should monitor key indicators like moving averages; the 50-day MA is providing dynamic support near $108,000, reinforcing the higher low narrative. For those eyeing cross-market opportunities, Bitcoin's strength often spills over to altcoins, potentially boosting pairs like ETH/BTC if the bull run fires up. Risk-averse strategies might involve waiting for a confirmed breakout above $112,000 with volume confirmation before committing capital. Overall, this analysis underscores a tactical trading approach, emphasizing patience and data-driven decisions in the volatile crypto landscape.

Market Implications and Trading Strategies for BTC

Looking ahead, if Bitcoin successfully breaches $112,000, it could signal the start of a sustained bull phase, drawing in more retail and institutional participants. Historical patterns from similar higher low formations in 2021 and 2024 show that such moves often lead to 20-30% gains within weeks, provided no major sell-offs occur. Current market context, without real-time disruptions, supports this view, with sentiment indices like the Fear and Greed Index shifting toward greed. For stock market correlations, Bitcoin's rally could influence tech-heavy indices, as seen in past cycles where crypto gains boosted AI and blockchain-related stocks. Traders might explore hedging with options on platforms offering BTC derivatives, targeting expiries aligned with upcoming economic reports. In summary, van de Poppe's insights provide a roadmap for navigating this setup, focusing on support holds and resistance breaks to capitalize on emerging opportunities.

Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast