BTC price action surprises with a push above $112,000 for the weekly close, setting up a tug-of-war between bulls and bears.<\/p>\n<\/li>\n
Liquidity games are back, but observers warn of a move down to liquidate late longs next.<\/p>\n<\/li>\n
Employment data from the US forms the week\u2019s macro highlight amid ongoing pressure on Federal Reserve Chair Jerome Powell.<\/p>\n<\/li>\n
Gold sets fresh all-time highs to start the week, sparking calls for Bitcoin to follow at last.<\/p>\n<\/li>\n
Onchain data shows speculators panic-selling BTC at the lows, while old hands stay put.\u00a0<\/p>\n<\/li>\n<\/ul>\n
Bitcoin bulls battle for control of $112,000<\/h2>\n
It seemed highly unlikely recently, but Bitcoin closed the weekly candle above a key price level.<\/p>\n
After threatening new September lows under $109,000, BTC\/USD staged a last-minute rebound to reclaim $112,000 as support.<\/p>\n Data from Cointelegraph Markets Pro and TradingView confirmed the BTC price point holding into the week\u2019s first Asia trading session.<\/p>\n Commenting on the latest BTC price action, market participants remained wary, arguing that more evidence was needed before assuming the bull market was back in full force.<\/p>\n \u201c$BTC also had a pump just like $ETH, mostly due to short positions getting closed,\u201d crypto investor and entrepreneur Ted Pillows wrote in a post on X, referring to a similar recovery for the largest altcoin Ether.\u00a0<\/p>\n \u201cFor a strong Bitcoin rally, a daily close above $113,500 is needed. Otherwise, BTC will most likely revisit its lows again.\u201d<\/p><\/blockquote>\n Popular trader Roman shared that sentiment, expecting the price to gyrate between its narrow trading range\u2019s upper and lower boundaries.<\/p>\n \u201cCurrently just retesting and resistance so unless we blow through on high volume, I expect some ping pong between here and 108k,\u201d he summarized, demanding that bulls retake $118,000.<\/p>\n With the monthly and quarterly close less than 48 hours away, volatility was expected.\u00a0<\/p>\n Data from CoinGlass showed that at $112,000, BTC\/USD would lock in 3% September gains, with Q3 upside at around 4.4%.<\/p>\n Those numbers would represent average performance for Bitcoin, with both September and Q3 returns historically highly variable.<\/p>\n \u201c$BTC Has seen very little volatility and is closing the quarter relatively flat. This is not out of the ordinary for Q3 as you can see,\u201d trader Daan Crypto Trades wrote about the data in an X post Monday.\u00a0<\/p>\n \u201cIt’s the worst quarter on average with \u2018only\u2019 a ~6% increase on average throughout its history. So we’re pretty much in line just like Q2.\u201d<\/p><\/blockquote>\n Daan Crypto Trades conversely anticipated a \u201cvery exciting\u201d Q4 based on past performance.<\/p>\n \u201cBTC has been pretty reliable though so it makes more sense to watch in my opinion. Especially with it lagging behind the likes of $GOLD & Stocks the past few weeks,\u201d he concluded.<\/p>\n Bitcoin returning above $112,000 overnight sparked a considerable reshuffling of liquidity on exchange order books.<\/p>\n CoinGlass data showed how price sliced through late short positions, with large players subsequently adding more ask liquidity around $113,000.<\/p>\n In the 24 hours to the time of writing, total crypto liquidations were $350 million, with shorts accounting for $260 million of the total.<\/p>\n Commenting on the order-book setup, market commentators are now keen to determine where BTC price may head next, with liquidity acting as a \u201cmagnet,\u201d both up and down.<\/p>\n \u201cI like when the market sentiment is bearish after a correction during a HTF uptrend,\u201d trader CrypNuevo wrote in an X thread Sunday.\u00a0<\/p>\n \u201cI think it’s the case – a drop below $100k seems to be the market consensus right now. So instead, I’m inclining more towards a recovery from here or the liquidity grab at $106.9k and then up.\u201d<\/p><\/blockquote>\n Current data suggests that a trip below $107,000 would liquidate a giant $5 billion in longs.<\/p>\n This and the incoming monthly close continue to provide grounds for caution among some market participants.\u00a0<\/p>\n These include trader Killa, who noted the new weekend \u201cgap\u201d appearing in CME Group\u2019s Bitcoin futures, a price \u201cmagnet\u201d on its own.<\/p>\n \u201cIf we re-evaluate price action, we pumped on CME open. Usually, when we do that, these particular gaps can take a few days or a week to fill,\u201d he noted Monday.\u00a0<\/p>\n \u201cSince we have both monthly and quarterly closes, I believe they\u2019re building long liquidity before taking out the weekend lows.\u201d<\/p><\/blockquote>\n A familiar sight greets crypto and risk-asset traders this week as US employment data and Federal Reserve officials take center stage.<\/p>\n Various high-ranking names will comment on the US economic outlook amid an emerging split in attitudes toward interest-rate cuts.<\/p>\n Those cuts are what traders want to see going forward, as they represent an easing of policy and imply more liquidity flowing into risk assets.\u00a0<\/p>\n As Cointelegraph reported, members of the Federal Open Market Committee (FOMC) are far from unanimous regarding cuts and the pace of their implementation.\u00a0<\/p>\n In a speech of his own last week, Fed Chair Jerome Powell \u2014\u00a0already under heavy pressure from US President Donald Trump to speed up policy easing \u2014 sought to strike a balance between hawkish and dovish language.<\/p>\n \u201cIn recent months, it has become clear that the balance of risks has shifted, prompting us to move our policy stance closer to neutral at our meeting last week,\u201d he said after the FOMC agreed a 0.25% cut at its September meeting.<\/p>\n US President Donald Trump and others, meanwhile, continue to demand that the Fed take more drastic action. In a now-deleted post on Truth Social over the weekend, Trump posted a cartoon of him firing Powell, having called for his resignation throughout 2025.<\/p>\n \u201cIf it weren\u2019t for Jerome \u2018Too Late\u2019 Powell, we would be at 2% right now, and in the process of balancing our budget,\u201d a further post stated.\u00a0<\/p>\n \u201cThe good news is that we\u2019re powering through his Incompetence, and we\u2019ll soon be doing, as a Country, better than we have ever done before!\u201d<\/p><\/blockquote>\n Private and public sector employment data and initial jobless claims are due throughout the week, forming the primary potential volatility catalyst.<\/p>\n The week may have started with some modest relief for Bitcoin bulls, but gold is already stealing the show again.<\/p>\n XAU\/USD hit a fresh all-time high on Monday, passing $3,800 per ounce for the first time in history amid a comedown in US dollar strength.<\/p>\n The latest move repeats a pattern already on every Bitcoin trader\u2019s mind this quarter \u2014 gold outperforming Bitcoin.<\/p>\n In its latest regular newsletter, Macro Monday, market insights resource Reflexivity Research drew attention to the weakening Bitcoin\/Gold Ratio. It said this is \u201csignaling a preference for gold over Bitcoin as a hedge.\u201d<\/p>\n Proponents nonetheless maintain that BTC price strength can copy gold after a statutory delay, thus preserving historical trends.<\/p>\n Andre Dragosch, European head of research at crypto asset manager Bitwise, tied the current situation to different macroeconomic phenomena.<\/p>\n \u201cWhy has bitcoin been lagging behind gold in 2025? Because gold has been more sensitive to monetary policy & US Dollar while bitcoin has been more sensitive to global growth expectations,\u201d he told X followers Monday.\u00a0<\/p>\n \u201cSo, gold’s price action reflects strong monetary easing already while bitcoin’s price action still reflects weak growth expectations.\u201d<\/p><\/blockquote>\n Dragosch said that just as growth expectations follow monetary policy changes with a lag, Bitcoin will follow in gold\u2019s footsteps with a \u201csignificant rally.\u201d<\/p>\n When it comes to Bitcoiners\u2019 reactions to the recent BTC price dip, new analysis reveals textbook market behavior.<\/p>\n Related: <\/strong><\/em>The hidden force behind Bitcoin and Ether price swings: Options expiry<\/strong><\/em><\/p>\n The difference between long-term (LTH) and short-term (STH) holders is notable, with the latter selling coins at a loss while \u201cold hands\u201d ride out the storm.<\/p>\n In one of its Quicktake blog posts on Monday, onchain analytics platform CryptoQuant used a classic onchain metric to show that for investors, this dip is like any other.<\/p>\n \u201cWe saw the same setup in late 2024\u2014short-term capitulation while LTH conviction stayed strong\u2014right before a major rebound,\u201d contributor Woo Min-Kyu summarized.\u00a0<\/p>\n \u201cHistorically, these low-ratio zones often align with price bottoms, marking the late stage of corrections.\u201d<\/p><\/blockquote>\n The post used a derivative of Spent Output Profit Ratio (SOPR), which measures the extent to which coins moving onchain are doing so in profit or at a loss. The \u201cratio\u201d of LTH and STH SOPR confirms that newer investors responded to the dip by selling at a loss.<\/p>\n \u201cShort-term pain, long-term gain,\u201d CryptoQuant concluded.<\/p>\n As Cointelegraph reported, STH entities \u2014 those hodling for up to six months \u2014 have always been sensitive to snap BTC price volatility, especially when the market crosses their aggregate cost basis.<\/p>\n The average STH cost basis, per CryptoQuant data, is currently around $109,800.<\/p>\n *********************************<\/p>\n If one of the paying programs on our Monitor appeals to you, please support EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n EN web Support Chat<\/strong> | Hyips and Crypto questions \u2013 HyipChatEN<\/a><\/strong><\/p>\n Telegram Chat for Crypto and Hyip reports: @HyipChatEN<\/a><\/strong><\/p>\n *********************************<\/p>\n Be the first to get most important HYIP news everyday! If you like this article and want to support EN \u2013 please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\nLong liquidations on the radar as new CME gap appears<\/h2>\n
US jobs data comes amid more pressure on Fed\u2019s Powell<\/h2>\n
Gold smashes $3,800 as the week begins<\/h2>\n
Bitcoin speculators panic at local lows<\/h2>\n
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