Bitcoin Faces Resistance Amid Surge in US Money Supply

As the US money supply expands, analysts are examining how this influx could bolster cryptocurrencies like Bitcoin. Some believe that these assets can offer protection against potential inflation and economic uncertainty. Meanwhile, Bitcoin is encountering a long-standing support line that historically triggered price rebounds, with recent analysis pointing to past rallies in September/October 2023, August/September 2024, and March/April 2025. The current test of this support in August/September 2025 has fueled speculation about a potential bounce, with experts highlighting the possibility of another rally. However, Bitcoin is also facing resistance at around $110,700, according to market analyst Ali Martinez, who cites multiple rejections at this level as suggesting a possible pullback toward $107,200 or even $103,000 if buyers fail to defend support. His charts emphasize the channel rejection zone that has repeatedly limited Bitcoin’s upside in recent weeks. 💰 This tension between bullish macro conditions and local resistance creates a mixed outlook for Bitcoin. On one hand, increased money supply fuels risk assets, but on the other, Bitcoin must decisively break above $110,700 to confirm a sustained upward movement. If this support holds again, history suggests a sharp rebound might follow, potentially paving the way for new all-time highs. However, a breach could trigger significant corrections before a sustainable rally resumes. 📉 Traders are closely watching the $107K-$110K range as it may determine Bitcoin’s next major direction. As of now, BTC is trading at $111,700 after experiencing renewed bullish momentum. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.