The market? Oh, it’s still under the iron grip of bears-except for Bitcoin, of course. Because why would it follow the rules? According to CoinMarketCap, it’s like the rebellious child in a family of well-behaved assets.
BTC/USD
Bitcoin (BTC), the drama queen of the cryptocurrency world, has decided to play nice today, rising by a not-so-shabby 1.45%. Oh, Bitcoin, always the show-off.
Looking at the hourly chart, BTC is acting like it has a bright future ahead-it’s flirting with resistance at a jaw-dropping $113,002. If the bulls manage to stay on top, we could be in for a wild ride to the next level by tomorrow. Hold onto your hats!
For the long-term vision, Bitcoin’s been testing resistance at $112,646 like a kid poking a sleeping bear. If it breaks through and manages to avoid closing with a long wick, we might just be heading towards the mystical $115,000. So close, yet so far!
From a midterm perspective, Bitcoin’s playing it cool-no clear winner here, just a back-and-forth shuffle. It’s like waiting for your friend to make up their mind about where to eat. Even if the weekly bar closes around these prices, don’t expect any fireworks just yet. It might take a bit more time for the buyers to gather some oomph.
And as of now, Bitcoin’s lounging at $112,221. Not bad, not bad at all.
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2025-09-05 15:12