Bitcoin Price Reclaims $112K as Bull Market Sentiment Returns

Home » Crypto News

Bitcoin prices reclaimed a critical price level during early trading in Asia on Monday morning, sparking renewed bullish sentiment. 

}

function loadTrinityPlayer(targetWrapper, theme,extras=”) {
cleanupPlayer(targetWrapper); // Always clean first
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);

const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);

scriptEl.src = scriptURL.toString();

// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}

function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}

// Initial Load for Desktop
if (window.innerWidth > 768) {

const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}

// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}

// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();

Bitcoin has reclaimed last week’s losses, surging to a four-day high of $112,350 during early trading on Monday morning.

It is now sitting at a crucial support-turned-resistance zone, which needs to be cleared soon for the bull market to resume.

The depth of the September correction currently stands at 13% when the asset fell earlier this month. The latest retreat only saw BTC decline to just below $109,000 late last week.

“I think the Bitcoin bull market has not ended and will continue,” said Stock-to-flow model creator ‘PlanB’ on Sunday, before adding, “I don’t know until when, or how high. It could also be a long, steady uptrend, without FOMO+crash.”

‘); AdButler.ads.push({handler: function(opt){ AdButler.register(183000, 631314, [300,250], ‘placement_631314_’+opt.place, opt); }, opt: { place: plc631314++, keywords: abkw, domain: ‘servedbyadbutler.com’, click:’CLICK_MACRO_PLACEHOLDER’ }}); ]]>

Bull Market Fever Is Back

“We’re barely in a Bitcoin bull market, to be honest,” said analyst ‘Zynx’

They added that every cycle since inception, Bitcoin has more than doubled its price in gold at a minimum, usually much more than that.

You may also like:

“I would say that $300k is becoming increasingly likely. It’s impossible to give a timeframe, but I’m expecting $151k to be crossed within the next 6 months.”

50T Funds co-founder Dan Tapiero said the same thing: “Wake up. Bull market in Bitcoin has not started yet. Same price in gold terms as five years ago.”

ITC Crypto founder Benjamin Cowen observed that Bitcoin closed its weekly candle above the bull market support band.

He added that it was similar to 2020, when in September, there were two weeks up and then two weeks down.

Meanwhile, trader and analyst ‘Tara’ looked toward Fibonacci retracement levels with the first being reached in today’s move and the second $114,300 after a potential pullback.

The Bitcoin Fear and Greed Index has also returned to 50, neutral, after spending the last week in fear territory.

Ethereum Reclaims Bullish Momentum

Ether prices also reclaimed the psychological $4,000 level on Monday morning.

“I’m not long-term bearish on ETH,” said investor Ted Pillows, who pointed out that the asset rallied almost 250% from its bottom, so a correction is expected.

“I think the Ethereum correction will be over in a few weeks. After that, ETH will rally above $10,000.”

‘Daan Crypto Trades’ echoed the sentiment, observing that the weekly candle closed back above the previous cycle highs “after a solid effort by the bulls and a late Sunday push.”

 

SPECIAL OFFER (Exclusive) SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).

Source

Previous Post
Next Post

TEXIT - a Mission that Matters

TEXITcoin is a fast, Layer 1 digital currency designed for generations of honest trade.  In many ways, TEXITcoin is like Bitcoin; it uses blockchain technology – the decentralized public ledger, to record transactions.

TEXITcoin makes it easy for anyone to participate in the digital economy.  

Did You Know?

Most Recent Posts

Company Info

She wholly fat who window extent either formal. Removing welcomed.

Your Business Potential with Our Proven Strategies

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
Join Us
Lorem Ipsum is simply dumy text of the printing typesetting industry lorem ipsum.
Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Company

About Us

Contact Us

Products

Services

Blog

Features

Analytics

Engagement

Builder

Publisher

Help

Privacy Policy

Terms

Conditions

Product

Lorem ipsum dolor sit amet, consectetur adipiscing elit.
You have been successfully Subscribed! Ops! Something went wrong, please try again.

© 2025 Created by iDeservePageOne