You Won’t Believe What Bitcoin Did Yesterday! Spoiler: It’s Complicated

So, apparently, all the top 10 coins decided to throw a green party again-because who doesn’t love seeing numbers go up, right? According to CoinStats, it’s all looking joyous in the cryptocurrency garden. 🥳

BTC/USD

Bitcoin (BTC) pulled a modest stunt by jumping 1.54% since yesterday, which in crypto-world terms is basically like a squirrel making it across the street without losing a nut. 🚀

But before you jump out of your seat, remember: despite this pep talk, BTC decided to play hard to get and is now retreating after a fake breakout at $114,462. Think of it as that date who says “I’m coming over” but mysteriously loses signal. If the daily bar decides to cozy up near support, brace yourself – Bitcoin might just tiptoe back to the $113,000 neighborhood soon.

Zooming out for the big picture: if Bitcoin’s daily bar closes near or above yesterday’s peak, this crypto drama could continue upwards, flirting with $115,000-$116,000 over the coming days. Basically, if it behaves like a responsible adult, nice things will happen. If not… well, who knows? 🤷‍♂️

Looking at the midterm, Bitcoin’s rate is climbing – slowly, like your grandmother’s internet speed. But since it’s far from both support and resistance, the buyers are probably just binge-watching Netflix, gathering strength before their next big move.

In summary, expect Bitcoin to play it safe, lounging sideways between $113,000 and $117,000, probably wondering what to binge next. 🍿

At press time, Bitcoin is conveniently trading at $114,334 – still more stable than my houseplants.

Read More

2025-09-11 16:33