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Blockchain Basement

Bitcoin Going To $95,000

Saturday, 5 September 2026 · 4 min read · Listen to the episode ↗

Bitcoin’s path toward the episode’s $95,000 target remains uncertain: bullish two-week MACD momentum, daily money flow and strong ETF inflows compete with caution about a possible macro pullback and mixed chart signals. The discussion also examines volatile Zcash trades, where bullish crossover signals clash with short-term bearish divergences, and weighs whether altcoin gains can persist.

Bitcoin’s near-term direction remained uncertain as it tried to hold recent gains and fell at the market open. The analyst saw strong upside velocity on the two-week MACD and a bullish daily money-flow signal, which could allow further gains before a macro pullback. In two earlier green-dot examples, Bitcoin rose about 4% and 6% before rolling over, although both occurred during a bear market. After reaching about $75,800 and then $76,400, it approached the analyst’s possible $75,000–$74,000 “vibe check.”

Nearby chart levels gave traders competing signals rather than a clear entry. The local volume-profile point of control was around $77,300, with support near $77,000 and the upper value area around $80,000; a liquidity grab near $82,300 and shorts accumulating around $79,600 were also cited. A four-hour momentum wave had turned up despite lower highs, potentially supporting a bounce if new shorts added fuel. But the four-hour chart looked risky, and the analyst said neither a long nor a short felt comfortable while daily money flow had not turned down. A later reference put Bitcoin around 79.5, without specifying a unit; a one-hour bearish divergence was present but had not yet appeared on the four-hour chart.

ETF demand was a supportive factor: Bitcoin funds had drawn about $800 million so far that week, following $924 million the previous week, and the analyst thought another large inflow might arrive. At the same time, speakers said Bitcoin’s price moves were becoming smaller and the recent altcoin resurgence had not carried over to it. They expected a relatively quiet weekend, while noting that repeated calls for drops to $55,000, $40,000 or $30,000 had not materialized; one recalled Bitcoin rallying on a Sunday when traders were positioned for a pullback. One speaker said they and TJ had bought Bitcoin and altcoins after calling $60,000 the bottom, when experts expected $40,000. Bitcoin later reached $126,000, below that speaker’s lower-end expectation of $150,000, which they acknowledged was wrong.

Zcash drew sharply divided short-term trading views, reflecting its volatility. One speaker reported a 4.5% drop from about $1,015 in a blink, while another had gone long near $974; a different trader initially planned a tight-stop short. A 15-minute MACD crossover was viewed as bullish, with a prior similar signal followed by an 8% rise and possible targets back at $1,025 or above $1,000. Yet bearish MACD divergences appeared on the 5-, 15- and 30-minute charts, and one speaker said the 15-minute RSI was running hot. A trader considered shorting after a possible move to $1,060–$1,066, targeting $960, while keeping a stop loss. Other comments cited a possible rise toward 150 or a trend line near 155, or a pullback in the 140s; RSI readings of 84 or 85–90 were said to undermine the bearish setup. One speaker took profit on a ZEC short at about 27%, warning that the token could quickly reverse and erase either gains or losses.

Views on other altcoins ranged from speculative upside to signs of continuing weakness. Cardano could rally, but had lagged broader altcoin moves; large upper wicks on daily candles were taken as evidence of sellers exiting, and losing 10-cent support was said to risk a move toward zero. Kaspa was described as beaten down and volatile but still range-bound, with little recent growth seen in transactions, wallets or user activity. One speaker saw asymmetric upside in Arbitrum spot, citing its low price and use as a route to bridge to Robinhood and access Hyperliquid; another said reclaiming its prior all-time highs would be difficult. The token-value-capture thesis still needed validation, and one trader wanted 4–5x upside before beginning to exit. Hyperliquid’s ability to pivot to whichever asset had the highest volatility was cited as a way to earn fees when trading activity rises. Speakers also disagreed about ARB versus Polygon and whether Polygon’s tokenomics changes would distinguish it from Avalanche.

The speakers expected some altcoins to perform very well but warned that many would disappear over the next decade. One linked a recent surge in U.S.-based altcoins to the SEC moving forward with a framework for U.S. crypto companies, while suggesting that unconfirmed background deals might also be contributing. They described July 2027 as potentially exciting and December of that year as a possible source of chaos. A separate warning concerned traders who rely on influencers: Mike Alfred reportedly said people at a soup kitchen had lost money after following calls that Q4 marked the low in a four-year Bitcoin bear market and that the decline was only a mid-cycle correction. Another speaker advocated collecting data, considering opposing views and using AI to challenge assumptions rather than merely affirm them.

This summary was generated from the episode transcript and can contain mistakes.