Overview

Click to expand overview
The price of BTC rallied past $63,000, marking its official bull phase. With Bitcoin’s price rallying past the anticipated threshold, several altcoins have also been climbing If we look at dealer positioning on Deribit for bitcoin, we see dealers being short a lot of gamma $110,000 as traders are buying options for new all-time highs,” Greg 19 de sept. de 2025 The token failed to increase in August and September, along with the overarching crypto market. That changed Thursday, when BTC climbed back above $63,000 Dive into the reasons behind BTC’s climb above $63,000 today. Understand the significant role of Bitcoin ETF inflows in this price surge. Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000. Bitcoin (BTC) rose by 4.5% In most cases, a price rally to the level of the previous loss occurs when the price breaks above the handle. As of this now, Bitcoin is trading above the handle range, and After a decline to $53,600 last Friday, the Bitcoin price experienced a major recovery over the weekend, exceeding the $63,000 threshold today. This marks a massive 17% increase since Bitcoin rallies to $63,000, driven by increased investor accumulation and bullish technical signals. Analysts predict potential BTC surge to new highs if critical support From a technical perspective, Bitcoin's recent price increase has been aided by a major breakout, with BTC surpassing the key level at the 200-day Simple Moving

Bitcoin Climbs Above $63,000 Today: Why is BTC Rising?

Bitcoin (BTC) has surged past $63,000 today, prompting investors and analysts to ask: why is BTC rising so dramatically? After a decline to $53,600 last Friday, the Bitcoin price experienced a major recovery over the weekend, exceeding the $63,000 threshold today. This marks a massive 17% increase! Let's dive into the key factors driving this impressive rally.

The Price of BTC Rallies: A New Bull Phase?

The price of BTC rallied past $63,000, marking its official bull phase. With Bitcoin’s price rallying past the anticipated threshold, several altcoins have also been climbing. Is this the start of a sustained upward trend for the cryptocurrency market?

Bitcoin ETF Inflows Fuel the Surge

Dive into the reasons behind BTC’s climb above $63,000 today. Understand the significant role of Bitcoin ETF inflows in this price surge. Weak tech corporate earnings, spot Bitcoin ETF inflows and the potential arrival of a new major investor drove Bitcoin price above $63,000. The token failed to increase in August and September, along with the overarching crypto market. That changed Thursday, when BTC climbed back above $63,000.

Dealer Positioning and Potential All-Time Highs

“If we look at dealer positioning on Deribit for bitcoin, we see dealers being short a lot of gamma $110,000 as traders are buying options for new all-time highs,” notes Greg 19 de sept. de 2025. This suggests significant bullish sentiment and anticipation of further price appreciation.

Technical Analysis Points to Continued Growth

From a technical perspective, Bitcoin's recent price increase has been aided by a major breakout, with BTC surpassing the key level at the 200-day Simple Moving Average. Bitcoin rallies to $63,000, driven by increased investor accumulation and bullish technical signals. Analysts predict potential BTC surge to new highs if critical support holds.

Breaking Above the Handle: A Key Indicator

In most cases, a price rally to the level of the previous loss occurs when the price breaks above the handle. As of this now, Bitcoin is trading above the handle range, and this breakout confirms the strength of the current upward momentum. Bitcoin (BTC) rose by 4.5%.

Conclusion: The Future of Bitcoin's Price

The combination of strong ETF inflows, bullish dealer positioning, positive technical indicators, and increased investor accumulation all contribute to Bitcoin's impressive climb above $63,000. While volatility remains a factor, the current outlook suggests the potential for further gains in the near future. Stay tuned for further updates on Bitcoin's price movements and the factors driving the market.

Top Sources

Related Articles