Analysis

Bitcoin Price Rebounds Above $114k Amid Gold’s Parabolic Rally; Is It a Bull Trap?

Published

4 hours ago

September 29, 2025

Bitcoin (BTC) value skilled help on Monday after the heavy liquidation of lengthy merchants final week. The flagship Munt returned about 2% within the final 24 hours to behave at round $ 114,210 throughout the Mid-Noord-American session on September 29.

The Altcoin market, led by Ethereum (ETH) and Binance Coin (BNB), collected collectively. As such, the entire crypto market capitalization gained 2.1% to drift round $ 3.94 trillion on the press.

High the reason why Bitcoin Worth returned at present

Turnaround of whales

Based on a weekly Report from CoinsharesThe Bitcoin funding product registered a internet money outflow of round $ 719 million final week. The exceptional outflows final week had been exaggerated by the spot BTC ETFs, which registered a internet money outflow of round $ 902 million.

On Monday, nonetheless, Michael Saylor’s technique was open this week with an announcement that it has collected 196 BTC for $ 22 million. Earlier on Monday, Capital B announced The acquisition of 12 BTC, which will increase its bitcoin pursuits to 2,812 cash.

Gold rush to cowl up in opposition to inflation

Bitcoin value skilled partially bullish sentiment fed because of the exceptional gold rise on Monday. Based on TradingView market knowledge, the gold value has been greater than 15% since mid -August to achieve a brand new highest level of round $ 3,833 per ounce on the time of press.

The exceptional rise within the gold value elevated the hope for a Bitcoin pump within the close to future. Furthermore, the Bitcoin value is anticipated to carry out nicely in October based mostly on its historic efficiency.

READ Bitcoin (BTC) Price Hits $76K as Crypto Liquidations Soar, Coinbase (COIN) Rockets 30% Higher on Trump Sweep

Has BTC prize skilled a dead-cat bounce?

Based on Crypto analyst Benjamin CowenThe Bitcoin value will in all probability proceed to rise within the coming weeks on the expense of Altcoins. Nevertheless, Bitcoin value within the medium time period will in all probability expertise turbulent markets, particularly fueled by the third distribution of $ 1.6 billion from FTX on 30 September.