Bitcoin Poised Near $117,200 Resistance After Reclaiming 8-Year Trendline Amid $2.3B ETF Inflows

  • Reclaimed 8-year trendline: BTC now trades above key structural support around $115K.

  • US spot Bitcoin ETFs recorded roughly $2.3B in net inflows over five days, signaling institutional accumulation.

  • Analysts watch $117,200 as immediate resistance; a clean breakout could target new all-time highs within 2–3 weeks.

Bitcoin reclaims 8-year trendline above $115K, driven by $2.3B ETF inflows; watch $117,200 resistance for a possible new ATH — read analysis and next steps.

Bitcoin reclaims 8-year trendline above $115K as $2.3B ETF inflows and rising demand position BTC near $117,200 resistance for new highs.

  • Bitcoin reclaims 8-year trendline, now trading above $115K with strong structural support.
  • US spot Bitcoin ETFs see $2.3B inflows in 5 days, signaling strong institutional demand.
  • Analysts track $117,200 resistance; a breakout could push BTC to new all-time highs soon.

Bitcoin has reclaimed its 8-year trendline level after a period of volatility, restoring confidence in its long-term structure. The breakout was first recorded in July, briefly lost in August, and bulls have now closed a strong candle above this level, indicating renewed momentum and the potential for near-term upside.

What is driving Bitcoin’s rebound above the 8-year trendline?

Bitcoin’s rebound is driven by technical structure and institutional demand, with US spot ETF inflows and significant buying around $115K supporting a successful retest of the ascending trendline. These factors combine to reinforce bullish momentum and raise the probability of a move toward $117,200 resistance.

How reliable is the trendline as a long-term support/resistance?

The ascending trendline connects multi-year cycle lows and has acted as both resistance and support since 2017. Historical respect at 2018, 2021, and 2022 peaks makes the line a high-confluence technical reference for analysts tracking structural bias.

$BTC has reclaimed its 8-yr trendline level.
It has a breakout in July, and last month BTC lost this key level.
But now, bulls have closed a strong candle.
This shows BTC momentum is very strong, and a new ATH could happen in 2-3 weeks. pic.twitter.com/OdQp0uzUA9

— BitBull (@AkaBull_) September 13, 2025

At press time, Bitcoin traded at $115,728, reflecting a 0.42% daily gain. Market capitalization reached approximately $2.3 trillion, supported by a 24-hour trading volume near $44.66 billion. Circulating supply stands at about 19.91 million BTC, moving closer to the 21 million maximum issuance and underscoring scarcity dynamics.

image 222
Source: CoinMarketCap

This scarcity structure remains a central support for long-term valuation. Intraday trading has been concentrated between $115,500 and $116,500, with visible buying around the lower bound. Analysts note that sustained interest at or above these levels points to both retail and institutional participation in current accumulation.

How significant are recent institutional inflows?

Institutional ETF inflows have been meaningful and timely. US spot Bitcoin ETFs reported roughly $2.3 billion in net inflows over five days in September, highlighting active accumulation by large investors and contributing to balance-of-power shifts in on-chain and exchange liquidity metrics.

image 221
Source: TedPillows(X)

Trader Ted Pillows highlighted $117,200 as the next critical level, noting that a clear reclaim would increase odds of a new all-time high within weeks, while a rejection could see price test lower support near $113,500. Market participants should watch volume confirmation and institutional flow updates for conviction.

Frequently Asked Questions

What price levels should traders watch right now?

Watch $117,200 as immediate resistance and $113,500 as a key downside invalidation. A daily close above $117,200 with strong volume signals breakout potential; failure to break may lead to retest of $113,500.

Are ETF inflows reliably bullish for price?

Large, sustained ETF inflows historically coincide with price appreciation by reducing available supply and signaling institutional demand. Recent $2.3B inflows strengthen the bullish case but should be confirmed with on-chain and liquidity indicators.

Key Takeaways

  • Technical breakout: BTC reclaimed an 8-year trendline and trades above critical structural support near $115K.
  • Institutional demand: US spot ETF inflows of about $2.3B in five days indicate strong accumulation.
  • Next steps for traders: Monitor for a daily close above $117,200, manage risk near $113,500, and watch inflows and volume for confirmation.

Conclusion

Bitcoin’s reclaim of the 8-year trendline, coupled with roughly $2.3 billion in US spot ETF inflows, presents a compelling technical and demand-based setup. Traders and investors should watch $117,200 for a breakout confirmation and manage downside risk around $113,500. COINOTAG will continue to monitor institutional flows and on-chain indicators as price action unfolds.






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