Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest
Sep, 05, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

TL;DR
- Bitcoin trades under $113K, testing resistance after rebounding from late August lows near $108K.
- Analysts highlight breakout above descending trendline, with $116K next target and $124K retest possible.
- On-chain netflows show steady outflows, suggesting accumulation and reduced selling pressure during the recovery.
Bitcoin Holds Near $113K
Bitcoin jumped past $112,000 earlier today after rebounding from late August lows of around $107,000. At press time, BTC is priced at $112,400 with daily trading volume of $42 billion. The move marks a 2% gain in the last 24 hours and a 1% rise over the past week.
Big BTC Breakout Brewing? Bitcoin Prepares for ATH Retest
Sep, 05, 2025
< 1 min read
by Olivia Stephanie
for CryptoPotato

TL;DR
- Bitcoin trades under $113K, testing resistance after rebounding from late August lows near $108K.
- Analysts highlight breakout above descending trendline, with $116K next target and $124K retest possible.
- On-chain netflows show steady outflows, suggesting accumulation and reduced selling pressure during the recovery.
Bitcoin Holds Near $113K
Bitcoin jumped past $112,000 earlier today after rebounding from late August lows of around $107,000. At press time, BTC is priced at $112,400 with daily trading volume of $42 billion. The move marks a 2% gain in the last 24 hours and a 1% rise over the past week.