#BTC Bitcoin price can hit $160K in October as MACD golden cross retreturns
Bitcoin has seen a key golden cross for the first time since April — last time it flashed, BTC price gained over 40% in a m
🚨Key points:🚨
💥Bitcoin sees a repeat bull signal from its MACD indicator, which last came in early April.
💥Price then climbed 40% in a month, which this time would give BTC a $160,000 target.
💥US macro data is quickly making traders short-term bullish on Bitcoin.
🔥 could reach $160,000 in September as a classic onchain indicator flips bullish🔥
New findings from popular trader BitBull reveal a key “golden cross” on Bitcoin’s moving average convergence/divergence (MACD) chart.
Bitcoin MACD repeats April golden cross Bitcoin may perform worse in September than any other month on average, but this year could form a major exception.
MACD, which compares price action across shorter and longer timeframes using two simple moving averages (SMAs), has offered bulls a reason to celebrate.
On Sept. 5, the MACD line, a derivative of the SMAs, crossed above the signal line, which is a 9-period exponential moving average (EMA) of the MACD line used for buy and sell signals.
This has positive implications for short-term price strength, but this latest cross is even more interesting.
“Bitcoin just had a MACD golden cross on the daily timeframe. But this one is a bit different,” BitBull explained this week
chart shows a triangle pattern, more specifically a symmetrical triangle (both sides narrowing toward a point). This usually forms when buyers and sellers are in balance — and a breakout decides the next move.
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📈 Pattern Signal
Neutral to bullish right now.
Price is near the upper boundary of the triangle, showing buying pressure.
If it breaks above the upper trendline with good volume → bullish breakout expected.
If it falls below the lower line → bearish correction.
So currently, market is waiting for breakout confirmation.
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💪 Support & Resistance Levels
(Approximate levels from your chart)
Strong Support: 🔹 $0.085 – $0.087 zone → buyers previously defended this level.
Immediate Resistance: 🔹 $0.095 – $0.097 zone → top of triangle.
Major Resistance (Breakout Target): 🔹 $0.105 – $0.110 → next target after breakout.
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🔮 Future Expectation
If the breakout happens upward:
Target 1: $0.105
Target 2: $0.120 (within 2–4 weeks depending on market sentiment)
If breaks downward:
Likely retest of $0.080 support zone.
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⚠️ Tip
Wait for: ✅ A 4-hour candle closing above $0.097 with increasing volume → confirms bullish move. ❌ A drop below $0.085 → bearish invalidation
whole market is bearish . But the capital is shifting from BTC to Ethereum . Investors Are Investing Most of Their Capital in Ethereum Rather Than BTC . I consider this a clear signal that Ethereum is going to have a good rally and it will go very high again. This ATH will break its again.
Market Update: Ethereum Takes the Lead
For the first time ever, ETH ETFs have surpassed
BTC ETFs in net inflows, attracting $9.4 B
compared to Bitcoin’s $8.0 B.
👉 This marks a clear signal of accelerating retail
and institutional interest shifting toward Ethereum.
At the same time, stablecoin supply and on-chain volume have reached new all-time highs,
indicating rising liquidity and fresh capital flowing
into crypto markets.
🔑 Key Takeaway: Market participation is expanding, and capital rotation dynamics are shifting — Ethereum is beginning to take the lead in this next growth phase
Putting together fundamentals + technicals + sentiment, here is my “best guess” path (with caveats):
Short-to-medium (1–3 years): likely a slow recovery or consolidation. IOTA might retest resistance zones in the $0.25–$0.40 range if the crypto market is favorable. But a strong surge to $1+ will require broader market bull and strong internal development and adoption.
Long term (5–10 years): If IOTA delivers on its roadmap, builds a convincing use case, and avoids major technological setbacks, it could revisit multi-dollar valuations (though reaching full ATH may take a decade or more). In a bullish macro scenario, crossing $1, $2, or more is plausible; but that’s speculative.
So overall: it’s a high-risk, high-reward play. For that kind of play, patience and monitoring key technical levels (for support / resistance) and major project updates will be crucial
The base (accumulation/consolidation) is clearly forming between 3.58 – 3.87 USDT. Price is moving sideways here, suggesting buyers and sellers are in balance.
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🛑 Support Zone
Primary Support: 3.58 USDT
Secondary Support: 3.45 USDT (recent wick low) If the price drops below 3.58, it could retest 3.45 quickly.
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📈 Resistance Zone
Immediate Resistance: 3.87 USDT
Next Resistance (Breakout target): 4.14 USDT A candle close above 3.87 with volume could trigger a breakout
You can see that BTC is going down like slowly but steadily What is the reason for this . I think I was going short now because a million positions that were lying long . After liquidate these position , it will pump hard . If the price of btc and Atherium is increasing , then you have to consider that alt coins session started.
lets enjoy the btc short signal . Now market pull back . It liquidate all long entries. So ready for short signal . stop loss should be at 121500 Entry point--119780 target 1-----118200 Target 2---+-117200