Bitcoin Eyes All-Time Highs While Traders Wait For $117,000 Retest

Bitcoin (Btc) Start a new week in an exciting place as the action of the price on the new all the time.

• Bitcoin Surge at $ 122,000, the last sign that the price discovery is around the corner.

• Dip discusses focus on the weekend wire, which offer $ 117,000 as a restracating target.

• The CPI and PPIs are due this week as the markets of Cemmmishes Summoning Federal Reserve has cut the rates of interest the next month.

• The USDT transactions from whales suggest a lack of interest in profit booking.

• A red coinbase premium spells potential problems for bitcoin during the next US business sessions.

Bitcoin traders valued $ 122,000 weekend

Bitcoin Price Action has lost the time prevent Tori Tories after next week.

A quick support has taken btc / USD $ 122,000, and local of $ 122,312 in Bitstamp came before a picture has started, by data from The parcelagra’s markets and it Dingering. I am

In doing so, liquidated bitcoin beyond $ 100 million in short positions as he took a stainy wall just below high time.

Data from the resource of monitoring Cumenting Now shows resistance to be added to $ 123 000 and above.

Reacts, market participants were allies but wary. BTC / USD, they’ve got, may be well tendency well to consolidate earn before attacking all high time.

“Bitcoin looks beautiful, almost the new wing. However, it is a movement of the whole weekend,” Crypto Crypto, ANYTHING ANYTHING AND ENTERPRENAUR ANGISTIC MILLAZHOGHOODAL IN A Post on x Monday.

“Assume we will see any tests on lower levels before you continue. A low test = violent movement on the altcoins = buy the parts season.”

General General Favorite, Intervitment, the Pleasal Business Miclier had a Bullish Smile had a Bullish Smile I have to get away from the actual battle for current discovery.

The futur ratio hanging on the purchase is surrounding the machines not seen since the bitch bitch warehouse in late 2022.

“Here is a rare signal”, he Summarize. I am

“It means this rally has not been blinded by the appropriate long. It can be led by the night. It is driven by the place of place, the guy that tends to hold the volatility.”

All eyes on the new bitcoin cmo gap

When it comes to a BTC prez price, market participants have a thing on their mind.

The weekend’s move up has created a New “gap” In the futs of the cme bitcoin – and the observers are enough for signs that you will “fully.”

I hate to be that guy …

But we have a big cme gap that opens the weekend – between $ 117 and $ 119k.

Ideal lock this soon. Pic.Twitter.com/ff7k3huus

– nothing (@nticrypto) August 11th 1725

CME gals are a classic feature of the Bitcoin trading of bitcoin, and recently, the price has surrounded behind or down as needed to fill – often in days or even hours.

“Could I see a quick floss somewhere this week – something to keep in mind,” Jellic Jelle Trader recognizedecho scattering from the entire community.

Complete the latest Gap completely take BTC / USD back to the above $ 117.200, a level already key as an area of resistance / support.

Sunday, Traderish Trader and Analyst Capital described The next neighbor near as “decisive” as determined the fate of the $ 117,200.

Week the week, capital stresses fire On claim that level as key to the price recovery of the “in a tip deviations cycle.”

The crucial crucial “heading titles” macro data

The United States consumer’s prices (CPI) and index of production products (PPI) are due this week, and markets are trading for policy signs.

Interest fees remain at the agendans of the risk traders Continued pressure on the Federal Reserve to act from Donald Trump President.

“Inflation data is going to be crucial as the markets is waiting in front of September Fed”, Trade Resource The Book The Letter of Kobeissa she said X followers.

Actual data from the CME group Fedwatch tool Show markets of markets in a fede size from Fed Middle, with almost 90%, contrast with x7% figure from a month ago.

The CPI is expected to come to slightly taller than the past month – something that will borrow more weight to a surprise, say bitbull.

“If the CPI is in addition to the tacie, the September cut was confirmed. This will help the risk assets,” explained in a X post Monday, calling the Data event of the week ‘larger’ s) of Crypto. “

“In CPI houses come to the task of the tag, heels with crypto prices. Date the unemployment rate was completed, the CPI is expected to be good for the markets.”

Several fedening officials dedicates to the stage beside the data, potentially farther lighter.

Whales are holding up for btc sales

For onchain analytics pushfoqual platfoqual, a bolchain altchain is worth watching when it comes to the bitcoin price signs.

In one of their “Quicktake“Blog’s places, Monday, the Amr Taha contributions suggested that the great TATable TEAST Transfers (USDT) on the tron coincides with BTC / USD corrections.

“When about $ 10 m Perce $ 5b in one day, often signal in large scale to take bitcoin”, ruined.

A graph displays balance of the bath of the bath of the TRC-20 USDT, with $ 10 million or more of particular interest, these designed to whales.

Taha offers two examples of the process at work. July 16 and July 23rd the bat of the US transactions preceded the $ 4.5% priced fixes and 3.8%, respectively.

Now, however the whales also have to develop an appetite to reduce risk.

“Moves” Great your utterly movements can serve as notice before BTC fixes, “Taha has concluded.

“Recent data indicates that lack of $ 10m + transaction suggests whales are not falling in USDT.”

“Pump and Dump” Fears on Red Coinbase Premium

Concerns for the BTC price breakouts are already in public.

In relation: Eternal bags holders turn back to bitcoin: Samson Mow

For the CRYPTOQUANT CRYPTANTALMA CRYPTANT JAARPTNN, A POTONN PRICE CENTER IN THE LARGER US COMBASE OF US.

The one’s Premium Index of CoinbaseWhat measure the difference in BTC prices between BTC / USD coinbase and BTC / USDT BINCANCE, is returned to the negative territory.

“Coinbase pump & Dump?” he. He Question On x.

“The price jumped from $ 118k at $ 122k before today as the investors engaged in the index of the front of the right of straight in the right-handed.”

A premium “rednesses will suggested to satisfied users, mixed number of tarder’s tower to support less than the oldest prices for support more ancients.

Popular Trade Friend, Being proud that the trailing market, mean the lack of business volume had also implications for a more emergent boom in the largest (Etth).

As well as Coupellagrafh reportedETS / USD hit its highest level from the end of 2021 on the weekend.

“Fell to see a resistance break, but 2 troubles you see are of divs and low volume,” Roman she said X followers in one of their last places.

“The high volume will always be the breakdowns and you don’t see here. I wouldn’t surprise me if I was going sideways / light first.”

This item does not contain advice or investment advice. Any movement of investment and business involves risky risk, and readers should make their own research when it makes a decision.