Bitcoin costs reclaimed a important value stage throughout early buying and selling in Asia on Monday morning, sparking renewed bullish sentiment.
Bitcoin has reclaimed final week’s losses, surging to a four-day excessive of $112,350 throughout early buying and selling on Monday morning.
It’s now sitting at an important support-turned-resistance zone, which must be cleared quickly for the bull market to resume.
The depth of the September correction at the moment stands at 13% when the asset fell earlier this month. The newest retreat solely noticed BTC decline to simply beneath $109,000 late final week.
“I believe the Bitcoin bull market has not ended and can proceed,” stated Inventory-to-flow mannequin creator ‘PlanB’ on Sunday, earlier than including, “I don’t know till when, or how excessive. It may be a protracted, regular uptrend, with out FOMO+crash.”
As , I believe bitcoin bull market has not ended and can proceed.
I don’t know till when, or how excessive. It may be a protracted regular uptrend, with out FOMO+crash.
IMO we handed the purpose of no return (yellow dots) in Jun 2025, much like Oct 2020, Feb 2017 and Jan 2013. pic.twitter.com/tw6gHHFbh9— PlanB (@100trillionUSD) September 28, 2025
Bull Market Fever Is Again
“We’re barely in a Bitcoin bull market, to be sincere,” said analyst ‘Zynx’
They added that each cycle since inception, Bitcoin has greater than doubled its value in gold at a minimal, often far more than that.
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“I might say that $300k is turning into more and more doubtless. It’s unimaginable to offer a timeframe, however I’m anticipating $151k to be crossed inside the subsequent 6 months.”
50T Funds co-founder Dan Tapiero said the identical factor: “Get up. Bull market in Bitcoin has not began but. Similar value in gold phrases as 5 years in the past.”
ITC Crypto founder Benjamin Cowen observed that Bitcoin closed its weekly candle above the bull market help band.
He added that it was much like 2020, when in September, there have been two weeks up after which two weeks down.
In the meantime, dealer and analyst ‘Tara’ looked towards Fibonacci retracement ranges with the primary being reached in right this moment’s transfer and the second $114,300 after a possible pullback.
The Bitcoin Concern and Greed Index has additionally returned to 50, impartial, after spending the final week in worry territory.
Ethereum Reclaims Bullish Momentum
Ether costs additionally reclaimed the psychological $4,000 stage on Monday morning.
“I’m not long-term bearish on ETH,” said investor Ted Pillows, who identified that the asset rallied virtually 250% from its backside, so a correction is expected.
“I believe the Ethereum correction shall be over in just a few weeks. After that, ETH will rally above $10,000.”
‘Daan Crypto Trades’ echoed the sentiment, observing that the weekly candle closed again above the earlier cycle highs “after a strong effort by the bulls and a late Sunday push.”
$ETH The weekly candle closed again above the earlier cycle highs after a strong effort by the bulls and a late Sunday push. I didn’t suppose it will be capable of do it so I’m pleasantly stunned.
It should stay essential to carry on to this space on the upper timeframe clearly. https://t.co/3yCtTP4daK pic.twitter.com/XFu15ifENU
— Daan Crypto Trades (@DaanCrypto) September 29, 2025
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