Bitcoin Price Cycles Get Longer – Forget $124K, We’re Not Done Yet!

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Key points:

  • Bitcoin has yet to hit its peak, despite revisiting the $114,000 mark. Oh, the suspense!

  • If $124,000 were the top, history would laugh at us for having such a short bull market.

  • Liquidity shifts make Bitcoin’s price rebound almost too predictable. Who would’ve thought?

Bitcoin (BTC) is “unlikely” to run out of fuel for new all-time highs, according to new analysis, as it breaks through key resistance. Yes, you heard that right, folks. We’re going higher.

In his latest market coverage, the ever-popular trader and analyst, Rekt Capital, hinted that BTC price discovery should make its glorious return. It’s like the return of a star, but with more numbers and charts!

BTC Price Resistance “Weakening” After Breakout

Bitcoin soared past $114,000 on Wednesday, thanks to some tailwinds from the US macroeconomic scene. But that’s not all-bulls have even more to celebrate. Pop the confetti!

Rekt Capital updated his X followers on Bitcoin’s price action, stressing that BTC/USD had not only broken its local downtrend but was also tackling an important resistance zone at $113,000. That’s right, $113,000 – it’s been tough, but we’re pushing through.

“Each rejection from $113k (red) has yielded shallower and shallower pullbacks,” he wrote, adding an explanatory chart. Because who doesn’t love a good chart?

“It has taken some time, but it is increasingly looking like $113k is weakening as a point of rejection.”

Bitcoin ended weeks of downward price action on September 2, closing above the corresponding trend line. Imagine that, a little upward momentum after a two-month low!

Despite all the doom and gloom that came with the dip below $108,000, Rekt Capital sees the bull market as far from over. You know, the drama isn’t over yet!

“It’s unlikely Bitcoin has already peaked in its Bull Market because that would effectively mean that this cycle was one of the shortest of all time,” he reasoned. Could you imagine? Shortest. Bull. Ever.

“If anything, cycles are getting slightly longer rather than shorter.”

Bitcoin Order-Book Liquidity Shows the Way

Meanwhile, market participants are keeping an eye on a potential short squeeze. Sounds like fun, right?

TheKingfisher, a commentator who clearly loves a good opportunity, noted that “the majority” of liquidity is now right above the spot price, creating a short-term magnet. Who knew liquidity could be this exciting?

🚨 $BTC: This liquidation map shows a clear setup. Most of the action is above current price, meaning *short liquidations* are stacked.

Look at 112,631.54. That’s a huge cluster for shorts to get flushed. We’re looking at an optical opti timeframe here, so this plays out over a…

– TheKingfisher (@kingfisher_btc) September 10, 2025

Keith Alan, co-founder of trading resource Material Indicators, sees bulls’ next hurdle at the 50-day simple moving average (SMA) at $114,700. Resistance, here we come!

“Expecting resistance around the 50-Day SMA, which is close to the psychological $115k level,” he confirmed to his X followers. Oh, that sweet $115k level-how we long for you!

Material Indicators argues that the entire move developed with some degree of predictability, based on dynamic liquidity placements and whale class order flow. Yeah, these whales know how to swim in style.

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2025-09-10 19:27