Bitcoin (BTC) Held at $112,000 Support, What’s Next?

Jakarta, Pintu News – Bitcoin (BTC) continues to hold onto the $112,000 support level after several days of lackluster price action. Recent data from Binance showed a decrease in whale activity, indicating that Bitcoin (BTC) may have avoided major selling.

Bitcoin’s (BTC) Defense Against Whale Selling

According to a Quicktake CryptoQuant post by contributor Arab Chain, recent data from Binance crypto exchange shows a spike in whale activity on September 7, where the Whale Exchange BTC: ratio reached 0.55.

However, this spike was soon followed by a decline in the metric, dropping to 0.28 on September 8. Despite this, the price remained stable at around $112,500, suggesting that the whale movement was only temporary and did not result in a massive sell-off of Bitcoin (BTC).

Also Read: Solana (SOL) Strengthens, Can the Trend Continue in September 2025?

Bitcoin (BTC) Price Analysis and Predictions

Arab Chain added that the decrease in whale pressure at the end of the period is a short-term positive signal. This means that the possibility of a sharp price correction triggered by whale selling on Binance has now been significantly reduced.

Frequent whale fluctuations in late August and early September suggest that big players are still moving large volumes – meaning risks remain, and the market could be surprised by sudden movements if substantial exchange inflows are converted into market orders.

Future Outlook of Bitcoin (BTC)

Although Bitcoin (BTC) is currently trading about 10% below its latest record high of $124,128, some crypto experts are of the opinion that this major cryptocurrency is yet to reach its peak for this market cycle.

In a recent analysis, Bitcoin researcher Sminston predicted that Bitcoin (BTC) might peak between $200,000 to $290,000 around 2026. Currently, Bitcoin (BTC) is trading at $112,639, down 0.1% in the last 24 hours.

Conclusion

Considering the current market dynamics and reduced whale activity, investors and market watchers should remain vigilant of possible Bitcoin (BTC) price movements. Understanding these patterns and trends will be crucial to making the right investment decisions in the future.

Also Read: ALtcoin Flock (FLOCK) Price Surges 219% After Listing on Coinbase & Upbit!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• NewsBTC. Bitcoin Holds $112,000 Support Despite Binance Whale Activity. Accessed on September 10, 2025