{"id":50122,"date":"2025-09-02T16:14:09","date_gmt":"2025-09-02T13:14:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50122"},"modified":"2025-09-02T16:15:58","modified_gmt":"2025-09-02T13:15:58","slug":"analyst-identifies-rare-bitcoin-price-bottom-signal","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analyst-identifies-rare-bitcoin-price-bottom-signal\/","title":{"rendered":"Analyst Identifies Rare Bitcoin Price Bottom Signal"},"content":{"rendered":"<p>Short-term Bitcoin investors have generated a rare signal that previously indicated a local market bottom. This was reported by Frank Fetter, an analyst at Vibes Capital Management.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Officially got the Oversold print on the short-term holder MVRV bollinger bands. Last three instances of this:<\/p>\n<p>1. Yen Carry Unwind \u2014 $49k<br \/>2. Tariff Tantrum \u2014 $74k <br \/>3. Today \u2014 $108k <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/t.co\/AqcYXLwbzw\">pic.twitter.com\/AqcYXLwbzw<\/a><\/p>\n<p>\u2014 Frank (@FrankAFetter) <a href=\"https:\/\/twitter.com\/FrankAFetter\/status\/1962524896761614430?ref_src=twsrc%5Etfw\">September 1, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The purchase price of coins held by short-term holders has equaled the current market price of the leading cryptocurrency. This level often acts as support during corrections in a bull market, but its loss could lead to a prolonged decline.<\/p>\n<p>The MVRV indicator for this category of holders has reached a breakeven point. Its deviation from the lower Bollinger band is extremely rare. Over the past year, this has occurred only twice:<\/p>\n<ul class=\"wp-block-list\">\n<li>in August 2024 amid the unwinding of the yen carry trade;<\/li>\n<li>in April 2025, when digital gold fell below $75,000 due to U.S. tariffs.<\/li>\n<\/ul>\n<p>Currently, a bullish divergence is forming on the BTC\/USD chart on the four-hour RSI indicator. According to Fetter, this indicates a potential trend reversal.<\/p>\n<h2 class=\"wp-block-heading\">A &#8220;Fragile&#8221; Market<\/h2>\n<p>On September 2, Bitcoin&#8217;s price briefly recovered to $110,000 after falling to $107,000 at the end of August. However, analysts at Glassnode <a href=\"https:\/\/www.papermark.com\/view\/cmf1kstoh000cl204t4sv1vug\">noted<\/a> a decline in investor interest. They stated that the market structure remains unstable.<\/p>\n<p>Last week, demand in the spot market for digital gold was weak. Trading volume fell by 9% \u2014 from $8.5 billion to $7.7 billion. Experts emphasized that investors and traders are losing confidence in Bitcoin&#8217;s recovery.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"513\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.38.28-1024x513.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-09-02 \u0432 15.38.28\" class=\"wp-image-264931\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.38.28-1024x513.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.38.28-300x150.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.38.28-768x385.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.38.28-1536x770.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.38.28.png 1560w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.<\/figcaption><\/figure>\n<p>The <span data-descr=\"cumulative delta volume\" class=\"old_tooltip\">CVD<\/span> indicator rose slightly, indicating a decrease in sales. Nevertheless, &#8220;spot metrics indicate fragile demand,&#8221; added Glassnode.<\/p>\n<p>The situation in the futures market also points to player caution. Open interest decreased from $45.8 billion to $45 billion, and funding volume fell from $3.8 billion to $2.8 billion.<\/p>\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"944\" height=\"1024\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.46.47-944x1024.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-09-02 \u0432 15.46.47\" class=\"wp-image-264932\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.46.47-944x1024.png 944w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.46.47-276x300.png 276w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.46.47-768x833.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-09-02-v-15.46.47.png 1244w\" sizes=\"auto, (max-width: 944px) 100vw, 944px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\">Key Levels to Watch<\/h2>\n<p>The key resistance level has become $110,500 \u2014 the upper boundary of the descending channel. Closing above this could open the path to the liquidity zone of $110,000-117,000.<\/p>\n<p>The nearest support levels, according to experts, are $108,000 and $107,300.<\/p>\n<p>MN Capital founder Micha\u00ebl van de Poppe believes that for Bitcoin to reach a new all-time high, it must consolidate above $112,000. Otherwise, the cryptocurrency faces a pullback to $103,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The area remains the same for <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>.<\/p>\n<p>If we can clearly break $112K, we&#8217;ll be onto a new ATH.<\/p>\n<p>Otherwise, I&#8217;d be looking at $103Kish for a great opportunity.<\/p>\n<p>Interestingly enough, Gold is yet to make a new ATH.<\/p>\n<p>When Bitcoin? <a href=\"https:\/\/t.co\/JDruy5ba8O\">pic.twitter.com\/JDruy5ba8O<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1962786967650808080?ref_src=twsrc%5Etfw\">September 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The liquidity map shows significant clusters of buy orders in the range of $105,500-107,000 and sell orders in the $110,000-111,000 zone. Analyst AlphaBTC suggested that the market is &#8220;hunting for money&#8221; and may first test the short area before returning to check the lows.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcc8 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> liquidity hunt \ud83c\udfaf<\/p>\n<p>Looks like they are coming for that big cluster of shorts 110K-111k, then likely back to run the Monday low and the longs from the weekend.<a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&#038;ref_src=twsrc%5Etfw\">#Crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/t.co\/crRwauoOyq\">pic.twitter.com\/crRwauoOyq<\/a><\/p>\n<p>\u2014 AlphaBTC (@mark_cullen) <a href=\"https:\/\/twitter.com\/mark_cullen\/status\/1962723945091662213?ref_src=twsrc%5Etfw\">September 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier in September, the CEO of Bitcoin Magazine <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-magazine-ceo-blames-two-whales-for-bitcoins-stagnation\">accused<\/a> two whales of &#8220;stalling&#8221; Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Short-term Bitcoin investors have generated a rare signal that previously indicated a local market bottom.<\/p>\n","protected":false},"author":1,"featured_media":50123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Analysts identified the nearest support levels for the cryptocurrency.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1146,1253],"class_list":["post-50122","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptocurrency-market-forecasts","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"1021","promo_type":"1","layout_type":"1","short_excerpt":"Analysts identified the nearest support levels for the cryptocurrency.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=50122"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50122\/revisions"}],"predecessor-version":[{"id":50124,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50122\/revisions\/50124"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/50123"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=50122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=50122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=50122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}