By Mbula Peninah | The Common Pulse/latest news/kenya/Outside countries/Africa / September 2025.
Bitcoin Breaks $111K The Rally Explained
Bitcoin (BTC) has surged past $111,000, a milestone that signals renewed bullish momentum in the cryptocurrency market. The rally follows a technical breakout that has reinforced investor confidence and attracted fresh institutional inflows.
Why Is Bitcoin Going Up?
Technical Breakout & Bullish Signals
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BTC recently cleared the $110K–$111K resistance zone, breaking out of a multi-week downtrend.
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Indicators like the Relative Strength Index (RSI) are showing bullish divergence, often a precursor to upward rallies.
Whale Accumulation & Institutional Demand
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On-chain data shows whales adding over 218,000 BTC since March 2025.
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Spot Bitcoin ETFs, led by BlackRock and Fidelity, now hold over 1.29 million BTC (~7% of supply), fueling demand.
Stablecoin Liquidity Boost
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The rise in stablecoin inflows has injected new liquidity into the crypto market, making it easier for traders to move into Bitcoin.
Scarcity & Exchange Outflows
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Exchange reserves are at seven-year lows, suggesting investors are holding BTC long-term, reducing available supply and driving prices higher.
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Bullish Case: A decisive close above $112K–$115K could trigger a move toward $120K.
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Neutral Case: Consolidation in the $111K–$113K range, with institutions accumulating more BTC.
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Bearish Case: Failure to hold $111K could see BTC retest $105K–$100K levels.
Traders and institutions are closely monitoring this price zone for the next decisive move.
Why It Matters
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Investor Sentiment: This rally is restoring optimism after recent corrections.
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Institutional Adoption: ETF inflows are cementing Bitcoin’s role in mainstream finance.
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Global Impact: With rising adoption, BTC continues to strengthen as a digital store of value amid macroeconomic uncertainty.
Bitcoin’s climb above $111K is a combination of technical strength, whale accumulation, and institutional inflows. If momentum holds, BTC could be on its way to testing $120K in the coming weeks.
For now, one thing is clear: Bitcoin’s rally is back on, and the world is watching.
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