Bitcoin is nearing a critical $115K breakout, supported by bullish momentum, while altcoins show golden cross signals indicating a potential market-wide rally.
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Bitcoin’s higher low near $113K keeps the uptrend intact as bulls challenge $115K resistance.
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Altcoin market shows repeated golden crosses, hinting at another strong upward cycle.
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Macro accumulation pattern mirrors 2016 and 2020, signaling breakout potential into 2026.
Bitcoin is testing the $115K resistance with rising volume, while altcoins signal bullish trends, hinting at a potential market-wide rally.
| Market Indicator | Current Value | Previous Resistance |
|---|---|---|
| Bitcoin Price | $114,174 | $115,000 |
What is the Current Status of Bitcoin?
Bitcoin is currently trading around $114,174, pressing into a key resistance zone near $114,755. This level previously acted as support and now poses a challenge for bulls attempting to reclaim momentum.
How Are Altcoins Performing?
While Bitcoin eyes a breakout, altcoins may be preparing for a broader rally. A chart shared by WhaleEverything shows a new golden cross forming in the total crypto market cap excluding the top 10 coins. A 50-day moving average crossing above the 200-day is often a strong bullish signal.
Frequently Asked Questions
What is a golden cross in cryptocurrency?
A golden cross in cryptocurrency is a bullish signal that occurs when a short-term moving average crosses above a long-term moving average, often indicating a potential price increase.
How does Bitcoin’s price affect altcoins?
Bitcoin’s price movements often influence altcoins, as many investors view Bitcoin as a market leader. A rising Bitcoin price can lead to increased investment in altcoins.
Key Takeaways
- Bitcoin is testing $115K resistance: A breakout could signal a strong bullish trend.
- Altcoins are showing bullish signals: Golden crosses indicate potential upward momentum.
- Market patterns suggest a long-term accumulation phase: Historical trends indicate a possible breakout into 2026.
Conclusion
In summary, Bitcoin’s approach to the $115K resistance level and the bullish signals from altcoins indicate a potentially explosive market phase. Investors should remain vigilant as these trends develop, keeping an eye on key price levels for future movements.
Bitcoin tests $115K resistance with rising volume, while altcoin charts flash golden cross signals—hinting at a possible new market-wide bull run.
-
Bitcoin’s higher low near $113K keeps the uptrend intact as bulls challenge $115K resistance.
-
Altcoin market shows repeated golden crosses, hinting at another strong upward cycle.
-
Macro accumulation pattern mirrors 2016 and 2020, signaling breakout potential into 2026.
Bitcoin is nearing a critical $115K breakout as bullish momentum builds. Meanwhile, altcoins flash golden cross signals, echoing past cycles and hinting at a potential explosive rally heading into the final quarter of 2025.
Bitcoin Tests $115K as Higher Low Holds the Structure
Bitcoin is currently trading around $114,174, pressing into a key resistance zone near $114,755, according to a 4-hour chart shared by Michaël van de Poppe. This level previously acted as support and now poses a challenge for bulls attempting to reclaim momentum.
This could become interesting as #Bitcoin has made a higher low.
Testing the resistance at $115K is usually a sign that we’re going to break into the range and the #Altcoins to go up again.
Losing $113K –> new lows. pic.twitter.com/DnVS4UfzGG
— Michaël van de Poppe (@CryptoMichNL) August 6, 2025
A breakout above $116K is seen as the gateway to re-enter the prior trading range. This level would confirm a shift toward bullish strength, likely inviting new momentum traders and volume-driven follow-up moves.
To the downside, $110K–$112K remains the main accumulation zone. This area has attracted strong buying in the past and is seen as a healthy retracement level if Bitcoin pulls back. A failure to hold this zone could send prices toward $103K—a potential line of last defense before a deeper correction.
On-chain volume analysis shows increased buying interest near $111K, while RSI continues to lean slightly bullish. This suggests the bulls remain in control for now.
Altcoin Market Flashes Golden Cross Signals
While Bitcoin eyes a breakout, altcoins may be preparing for a broader rally. A chart shared by WhaleEverything shows a new golden cross forming in the total crypto market cap excluding the top 10 coins. A 50-day moving average crossing above the 200-day is often a strong bullish signal.
Golden cross for #Altcoins.
Send it! 🚀🚀 pic.twitter.com/DXK8uHBOJv
— WHALE 🐳 EVERYTHING (@WhaleEverything) August 6, 2025
All three previous golden crosses triggered sizable rallies. The current setup points to another breakout, possibly pushing the altcoin market cap to $580–$600 billion.
Adding further strength to this outlook, el_crypto_prof highlighted a macro pattern in TOTAL2 that mirrors the 2016/2017 and 2020/2021 cycles. The structure—a rounded bottom followed by breakout—signals we may be in the final phase of long-term accumulation.
Momentum Builds as Retail Access Expands
Dubai has officially approved Bitcoin options trading for retail clients, signaling increased mainstream acceptance. In the meantime, Michael Saylor has doubled down, urging holders not to sell and calling Bitcoin a digital store of value.
Combined with positive momentum across altcoins, growing adoption narratives and historical patterns are aligning. Traders are watching the $116.8K level on Bitcoin and a potential altcoin breakout above macro resistance as signals for the next explosive leg in crypto’s 2025 cycle.
