---
title: "Bitcoin Traders Hope for Highs as BTC Coils Beneath Liquidity"
url: https://diffcoin.com/bitcoin-traders-hope-for-highs-as-btc-coils-beneath-liquidity/
description: "Key points:Bitcoin revisits $113,000 before Tuesday’s Wall Street open amid talk of a new gold copycat move.That level becomes a recommendation for long…"
published: 2025-09-09
updated: 2025-09-09
author: "Mila"
site: "Diffcoin"
---

# Bitcoin Traders Hope for Highs as BTC Coils Beneath Liquidity

**Key points:**

- Bitcoin revisits $113,000 before Tuesday’s Wall Street open amid talk of a new gold copycat move.
- That level becomes a recommendation for long entries, but not everyone is bullish.
- Liquidity conditions show a $115,000 short squeeze in the making.

Bitcoin (BTC) returned to $113,000 on Tuesday as traders’ BTC price perspectives began to change.

*BTC/USD one-hour chart. Source: Cointelegraph/TradingView*

## BTC price rebound lacks “strong spot demand”

Data from Cointelegraph Markets Pro and TradingView showed new local highs of $113,279 into the Wall Street open.

BTC/USD built on a higher low from the weekend, which preserved $110,000 as support.

Now, market participants saw the potential for bulls to make a more sustained assault on overhead resistance.

“There we go,” crypto trader, analyst and entrepreneur Michaël van de Poppe wrote in a response on X.

Van de Poppe noted that Bitcoin had reclaimed the 20-day simple moving average (SMA) near $111,500, and had also won back the key $112,000 mark.

“Gold is printing strong new ATHs –> $BTC likely following,” he continued, referencing Bitcoin’s habit of following breakouts on XAU/USD with a slight delay.

*BTC/USDT one-day chart. Source: Michaël van de Poppe/X*

Fellow trader Crypto Tony, meanwhile, described $113,000 as a suitable entry point.

“Above $113,000 is a long position on the daily,” he confirmed to X followers.

*BTC/USDT perpetual contract one-day chart. Source: Crypto Tony/X*

Others were cautious, among them crypto investor and entrepreneur Ted Pillows, who flagged a lack of spot-market interest as a reason to doubt the sustainability of the current local uptrend.

> [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) current rally is mostly perps driven.
> 
> OI is up, and the funding rate is up, while the Coinbase premium is still neutral.
> 
> Until strong spot demand arrives, the rally won’t be sustainable. [pic.twitter.com/ydlSTODT8x](https://t.co/ydlSTODT8x)
> 
> — Ted (@TedPillows) [September 9, 2025](https://twitter.com/TedPillows/status/1965335217335615670?ref_src=twsrc%5Etfw)

## Bitcoin liquidity flush “always a possibility”

Meanwhile, a look at crypto exchange order-book liquidity shows a thick line of asks immediately above the price, extending to $114,500.

***Related:*** ***BTC dip predictions fall below $90K: 5 things to know in Bitcoin this week***

*BTC liquidation heatmap. Source: CoinGlass*

This caught the attention of some traders, who suspected that the resistance patch might be a deliberate ploy to influence price trajectory.

> What the heck is this? [$BTC](https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw) [pic.twitter.com/inHeXNGLFx](https://t.co/inHeXNGLFx)
> 
> — Crypto Seth (@seth_fin) [September 9, 2025](https://twitter.com/seth_fin/status/1965355565158486517?ref_src=twsrc%5Etfw)

“$BTC is knocking on the door of a high-leverage short position zone,” crypto investor and data analyst CW commented.

Overnight, trading resource Material Indicators forecast that the zone below $115,000 may provide “some friction” for the Bitcoin bulls.

Despite this, it argued, macroeconomic tailwinds — specifically in the form of the US Federal Reserve cutting interest rates next week — should provide a “return to the highs.”

“Don’t let that fool you into thinking that there can’t be another flush to support because that’s ALWAYS a possibility,” it cautioned.

*BTC/USDT order-book liquidity data with whale orders. Source: Material Indicators/X*

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

[Source link](https://cointelegraph.com/news/bitcoin-taps-113k-analysis-sees-return-to-highs-on-fed-rate-cut?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)