Bitcoin is trading near $112,100 as analysts focus on the role of its long-term moving average, cooling momentum, and a newly opened CME gap.
Traders see key support and resistance levels that may decide the market’s direction in the final quarter of 2025.
50 EMA as the “Golden Line”
Crypto analyst Merlijn The Trader called the 50-week exponential moving average (EMA) Bitcoin’s “cheat code.” His chart shows repeated retests of this level in 2023, 2024, and 2025. Each one triggered what he described as a “Bullish Retest,” with price then climbing to new highs.
BTC is now approaching the 50 EMA again. The average sits just under $100,000. Merlijn said:
“All bounces are vertical rallies. Every break is capitulation. Q4 survival or destruction depends on this line.”
Traders are watching to see if price will hold above the level or break below it.
Source: Merlijn The Trader/X
Momentum Cooling
Data from CryptoQuant shows the 30-day momentum index has turned neutral-to-b
We współpracy z: https://cryptopotato.com/bitcoins-cheat-code-50-ema-could-decide-btcs-price-in-q4/
