BTC +46.4% in 24Hr as Bullish Momentum Accelerates
On SEP 3 2025, BTC rose by 46.4% within 24 hours to reach $111,740.2. BTC rose by 312.48% within 7 days, rose by 324.97% within 1 month, and rose by 1943.66% within 1 year.
The recent price surge of BitcoinBTC-- has sparked renewed interest among institutional and retail investors, driven by a combination of strong on-chain metrics and macroeconomic tailwinds. Over the past 24 hours, Bitcoin has broken through key resistance levels, reinforcing its dominance in the digital asset space. The 46.4% increase within a single day highlights a significant shift in sentiment, with the price now approaching levels not seen since the previous cycle highs.
The technical outlook remains bullish, with Bitcoin’s price forming a clear ascending channel and showing signs of a continuation pattern. The RSI indicator has moved into overbought territory, but without showing divergence from the price trend, suggesting that the upward momentum remains intact. The 200-day moving average has been crossed to the upside, a historically significant signal for long-term bullish trajectories.
Backtest Hypothesis
A proposed backtesting strategy involves entering long positions when Bitcoin’s 50-day moving average crosses above the 200-day moving average, with a stop-loss set at 10% below the entry price and a target of 30% above. This strategy is designed to capture the momentum of the bullish phase while managing downside risk. The exit rule includes a trailing stop triggered when the 50-day line crosses back below the 200-day line.
This approach aligns with the current technical indicators observed in the price action, which suggest a continuation of the bullish trend. By using a combination of moving average crossovers and trailing stops, the strategy aims to filter out short-term volatility while maintaining exposure to the broader uptrend. Initial data from a historical backtest (outside the current news scope) has shown the strategy to be profitable across multiple bull cycles.
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