Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Bitcoin Poised Near $117,200 Resistance After Reclaiming 8-Year Trendline Amid $2.3B ETF Inflows

Bitcoin Poised Near $117,200 Resistance After Reclaiming 8-Year Trendline Amid $2.3B ETF Inflows

CoinotagCoinotag2025/09/12 16:00
By:Sheila Belson

  • Reclaimed 8-year trendline: BTC now trades above key structural support around $115K.

  • US spot Bitcoin ETFs recorded roughly $2.3B in net inflows over five days, signaling institutional accumulation.

  • Analysts watch $117,200 as immediate resistance; a clean breakout could target new all-time highs within 2–3 weeks.

Bitcoin reclaims 8-year trendline above $115K, driven by $2.3B ETF inflows; watch $117,200 resistance for a possible new ATH — read analysis and next steps.

Bitcoin reclaims 8-year trendline above $115K as $2.3B ETF inflows and rising demand position BTC near $117,200 resistance for new highs.

  • Bitcoin reclaims 8-year trendline, now trading above $115K with strong structural support.
  • US spot Bitcoin ETFs see $2.3B inflows in 5 days, signaling strong institutional demand.
  • Analysts track $117,200 resistance; a breakout could push BTC to new all-time highs soon.

Bitcoin has reclaimed its 8-year trendline level after a period of volatility, restoring confidence in its long-term structure. The breakout was first recorded in July, briefly lost in August, and bulls have now closed a strong candle above this level, indicating renewed momentum and the potential for near-term upside.

What is driving Bitcoin’s rebound above the 8-year trendline?

Bitcoin’s rebound is driven by technical structure and institutional demand, with US spot ETF inflows and significant buying around $115K supporting a successful retest of the ascending trendline. These factors combine to reinforce bullish momentum and raise the probability of a move toward $117,200 resistance.

How reliable is the trendline as a long-term support/resistance?

The ascending trendline connects multi-year cycle lows and has acted as both resistance and support since 2017. Historical respect at 2018, 2021, and 2022 peaks makes the line a high-confluence technical reference for analysts tracking structural bias.

$BTC has reclaimed its 8-yr trendline level.
It has a breakout in July, and last month BTC lost this key level.
But now, bulls have closed a strong candle.
This shows BTC momentum is very strong, and a new ATH could happen in 2-3 weeks. pic.twitter.com/OdQp0uzUA9

— BitBull (@AkaBull_) September 13, 2025

At press time, Bitcoin traded at $115,728, reflecting a 0.42% daily gain. Market capitalization reached approximately $2.3 trillion, supported by a 24-hour trading volume near $44.66 billion. Circulating supply stands at about 19.91 million BTC, moving closer to the 21 million maximum issuance and underscoring scarcity dynamics.

Bitcoin Poised Near $117,200 Resistance After Reclaiming 8-Year Trendline Amid $2.3B ETF Inflows image 0
Source: CoinMarketCap

This scarcity structure remains a central support for long-term valuation. Intraday trading has been concentrated between $115,500 and $116,500, with visible buying around the lower bound. Analysts note that sustained interest at or above these levels points to both retail and institutional participation in current accumulation.

How significant are recent institutional inflows?

Institutional ETF inflows have been meaningful and timely. US spot Bitcoin ETFs reported roughly $2.3 billion in net inflows over five days in September, highlighting active accumulation by large investors and contributing to balance-of-power shifts in on-chain and exchange liquidity metrics.

Bitcoin Poised Near $117,200 Resistance After Reclaiming 8-Year Trendline Amid $2.3B ETF Inflows image 1
Source: TedPillows(X)

Trader Ted Pillows highlighted $117,200 as the next critical level, noting that a clear reclaim would increase odds of a new all-time high within weeks, while a rejection could see price test lower support near $113,500. Market participants should watch volume confirmation and institutional flow updates for conviction.

Frequently Asked Questions

What price levels should traders watch right now?

Watch $117,200 as immediate resistance and $113,500 as a key downside invalidation. A daily close above $117,200 with strong volume signals breakout potential; failure to break may lead to retest of $113,500.

Are ETF inflows reliably bullish for price?

Large, sustained ETF inflows historically coincide with price appreciation by reducing available supply and signaling institutional demand. Recent $2.3B inflows strengthen the bullish case but should be confirmed with on-chain and liquidity indicators.

Key Takeaways

  • Technical breakout: BTC reclaimed an 8-year trendline and trades above critical structural support near $115K.
  • Institutional demand: US spot ETF inflows of about $2.3B in five days indicate strong accumulation.
  • Next steps for traders: Monitor for a daily close above $117,200, manage risk near $113,500, and watch inflows and volume for confirmation.

Conclusion

Bitcoin’s reclaim of the 8-year trendline, coupled with roughly $2.3 billion in US spot ETF inflows, presents a compelling technical and demand-based setup. Traders and investors should watch $117,200 for a breakout confirmation and manage downside risk around $113,500. COINOTAG will continue to monitor institutional flows and on-chain indicators as price action unfolds.






In Case You Missed It: Metaplanet's Bitcoin Accumulation May Mirror MicroStrategy as 4,500% Stock Surge Sparks Bubble Risk
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!