Analysts mapped a slow slip path for Bitcoin and marked $ 112,000 as the trigger, while gold lawyer Peter Schiff revived the Gold-Versus Bitcoin debate by challenging Michael Saylor’s BTC Treasury bet for his company.
Coindesk senior analyst James Van Straten said Bitcoin’s market structure has been changed with Gold’s praise.
He expects a slow, stair step-advantage supported by stable ETF inflow with 10-20% withdrawal along the way. He compared the setup with gold in the early 2000s as prices rose for years, but often held the paused for healthy corrections.
In his framing, Bitcoin can sometimes hang gold and sometimes surpass it, yet he still sees Bitcoin leading on the overall return over a full cycle.
Michaël van de Poppe focused on levels in the short term.
He called less than $ 107,000 a purchase zone and signalized, where he believes dip buyers are likely to step in. He also pointed to $ 112,000 as the ceiling to beat. A clean break and hold over $ 112,000 on UTC closures would, in his view, confirm strength and expand the risk appetite, the point where the power often rotates to large altcoins. That’s what he means by “ALTCOIN mode.”
Euro Capital CEO Peter Schiff meanwhile challenged Michael Saylor’s strategy by contrasting the strategy’s Bitcoin exposure with a hypothetical gold program.
His core use is liquidity. He argued that tens of thousands of billions of dollars in gold could be sold with limited market impact, while attempts to leave a similar Bitcoin position could hit the prices hard and offset copycat sales.
Supporters of Bitcoin would counteract that any large seller could arrange outputs over time and use over-the-counter channels, but Schiff’s point is that Gold’s market depth gives more flexibility to very large holders.
Coindesk Research Analysis
- Window: September 27, 09:00 UTC to September 28, 08:00 UTC.
- What happened: According to Coindesk Research’s technical analysis data model consolidated Bitcoin in about a $ 692 ribbon (~ 1%), between $ 109,156.82 and $ 109,849.28.
- Support appeared: Repeated holder near ~ $ 109,400 late on September 27 (UTC).
- Resistance formed: ~ $ 109,750 uncovered rebounds in the same window with late overall.
- Final 60 minutes: Between 07:09 UTC and 08:08 UTC On September 28, the price jumped to $ 109,663.84 at. 08:03 UTC, and then settled near ~ $ 109,580, which made ~ $ 109,575 for fresh, short -term support.
- Read through: Support ~ $ 109,400– $ 109,575; Resistance ~ $ 109,750. An UTC close over ~ $ 109,750 sets up $ 110,000- $ 111,000. Lose ~ $ 109,400 and ~ $ 109,150 are next.
Latest 24-hour and one-month card read
- 24-hour context (from September 28, 14:41 UTC): Price near $ 109,724 is over ~ $ 109,400/109,575 Support and Under ~ $ 109,750 Resistance. A break and hold over ~ $ 109,750 (UTC) pointing at $ 110,000- $ 111,000, with $ 112,000 the wider momentum triggers many dealers watching. A slip back under ~ $ 109,400 risks a gene test of ~ $ 109,150, then ~ $ 108,500.
- Context of one month: After mid-September heights near ~ $ 117,000 Bitcoin has compressed into the range $ 109,000- $ 112,000. To recover and keep $ 112,000 likely to reign upward momentum. Otherwise, more sideways consolidation is the basic case rather than a trend break on your own.
Disclaimer: Parts of this article were generated with the help of AI tools and reviewed by our editorial team to ensure accuracy and compliance with our standards. For more information, see Coindesk’s full AI policy.
