BTC +100.8% in 24 Hours Amid Strong Multi-Timeframe Bullish Momentum

On SEP 8 2025, BTC rose by 100.8% within 24 hours to reach $112,618.85, BTC rose by 49.4% within 7 days, rose by 370.56% within 1 month, and rose by 1996.41% within 1 year.

Bitcoin has demonstrated a sustained upward trend across multiple timeframes, with sharp 24-hour gains reinforcing a broader pattern of accumulation and strength. The 100.8% surge within a day is a rare development, reflecting broad institutional and retail adoption, as well as the growing appeal of BTC as a store of value and inflation hedge. This momentum has pushed Bitcoin past several key psychological and technical levels, suggesting a continuation of the bullish trend may be supported by strong on-chain metrics and market sentiment.

From a technical perspective, Bitcoin’s performance has aligned with several key indicators. On the daily chart, BTC has broken through prior resistance levels, now consolidating above the $112,000 mark. The RSI indicator shows strong momentum without signs of immediate overextension, indicating that the upward movement is still in its early phase. The 200-day and 50-day moving averages are both trending higher and have been crossed by the price in recent sessions, a classic bullish signal in technical analysis.

The 49.4% gain over the past seven days and the 370.56% rise in a month’s time reinforce the narrative of a long-term bullish cycle, with traders and investors locking in profits at higher levels and pushing the price higher. Analysts project that further resistance levels may emerge in the $115,000 to $120,000 range, where significant on-chain activity and order book imbalances could trigger a pause or consolidation.

Backtest Hypothesis

A proposed backtesting strategy focuses on leveraging Bitcoin’s multi-timeframe momentum to identify entry and exit points. The strategy is built around the convergence of the 50-day and 200-day moving averages, combined with RSI readings above 50 to confirm bullish momentum. Traders using this approach would enter long positions when the 50-day moving average crosses above the 200-day line—known as a “golden cross”—and exit positions when the RSI exceeds 70, signaling potential overbought conditions.

This strategy would also include stop-loss and take-profit levels based on recent support and resistance levels, with a focus on minimizing drawdowns during volatility. Given the recent price action, the golden cross condition has already been met, and the RSI remains in a bullish range, making it a viable framework for evaluating the current market dynamics.