
Bitcoin strengthens above $106,000 as traders anticipate the end of the U.S. government shutdown — and with it, a fresh wave of liquidity into risk markets. Analysts are eyeing a potential surge past a key $112,000 resistance, reviving talk of a parabolic move similar to 2019’s post-shutdown rally.
Bitcoin (BTC) rebounded sharply at the start of the week, climbing over 5% in overnight trading to reach above $106,000 during Monday’s Asian session. The move followed signs that the United States government shutdown — which has now lasted more than 40 days — may finally be drawing to a close, easing tensions across financial markets.
According to data from TradingView, the BTC/USD pair opened the European session holding steady near $106,438 on Bitstamp. Traders interpreted the political breakthrough as a bullish signal for risk assets, with Bitcoin once again behaving as a macro-sensitive asset.
Market enthusiasm was further fuelled by U.S. President Donald Trump’s weekend announcement of a $2,000 taxpayer “dividend” to be funded through tariff revenue. This pledge, aimed at boosting household liquidity, has been read by investors as a short-term economic stimulus — one likely to benefit digital assets alongside traditional equities.
The momentum also marks another chapter in Bitcoin’s sensitive relationship with U.S. policy decisions. Previous political resolutions, particularly in 2019 when the last major government shutdown ended, saw Bitcoin soar by more than 265%, rallying from $3,550 to $13,000 over the following months. History, it seems, may be quietly repeating itself.
Reports on Sunday evening indicated that U.S. Senate leaders had reached a bipartisan agreement to end the historic 40-day closure. That news quickly reverberated through prediction markets, where platforms such as Polymarket and Kalshi saw sharp swings in betting odds.
The expected reopening of federal institutions would immediately release billions in government cash reserves back into circulation. That influx could support Treasury operations and, by extension, reinvigorate liquidity across global risk assets — Bitcoin included.
Crypto analyst Daan Crypto Trades commented on social media platform X:
“It’s going to be an interesting week. The potential end to the government shutdown could mean a significant boost in liquidity — and we’ll finally get major economic indicators like CPI back in play.”
Indeed, the extended government shutdown had paused several critical U.S. data releases, including consumer inflation figures and employment updates. Those reports are closely watched by institutional investors managing blockchain-linked portfolios and decentralised finance (DeFi) projects that rely on macro indicators to assess monetary conditions.
For a deeper look at how policy shifts fuel crypto sector dynamics, read our analysis on Trump’s pro-crypto economic agenda and its effect on blockchain recruitment trends.
As optimism spread, Bitcoin traders began mapping the next critical resistance. Data from analytics firm CoinGlass highlighted a major concentration of sell-side liquidity above $112,000 — a key level now acting as the bull’s ultimate short-term target.
“Bitcoin is at resistance, retesting the broken year-long trendline,” noted analyst AlphaBTC in a Monday post. “The obvious target is where liquidity is resting above the early-November consolidation zone — roughly $112,000.”
CoinGlass’ liquidation heat maps confirm this sentiment. Most visible liquidity sits between $111,500 and $115,000, suggesting that a successful break beyond those levels could trigger a short squeeze, forcing bearish traders to cover positions and potentially pushing BTC towards $117,000 — the next major liquidity cluster.
This structure reflects a broader shift in market sentiment following Bitcoin’s bullish weekly close above its 50-week simple moving average (SMA). Technically, this reinforces the case for continuation of upward momentum and reaffirms the view that the mid-term resistance could soon turn into support if liquidity continues to deepen.
The renewed legislative stability in the U.S. comes at a time when investors have been searching for clarity amid tightening financial conditions and volatile equity markets. Cryptocurrencies have progressively established themselves as early barometers for risk appetite — a trend becoming more visible as institutional adoption grows.
This correlation has led some analysts to argue that Bitcoin’s performance increasingly mirrors macroeconomic confidence rather than niche speculation. For many, the coming week could therefore provide the clearest signal yet of whether Bitcoin can sustain its place among mainstream inflation-hedge assets.
Strategically, traders now face a decision: hold positions in anticipation of a breakout or secure profits ahead of a possible rejection at $112,000. That tension — between rising optimism and residual caution — is visible across on-chain data as well as in derivative positions on major exchanges.
Beyond price action, the expected resurgence of liquidity has resounding implications for the blockchain workforce. Historically, bull markets catalyse rapid expansion across the crypto recruitment and blockchain recruitment landscapes, particularly as venture funds redeploy capital into new projects.
“Liquidity isn’t only about price movement; it’s a catalyst for hiring,” commented a senior web3 recruiter at Spectrum Search. “Every time Bitcoin crosses a critical milestone, it triggers fresh demand for engineering, legal, and DeFi compliance talent across global markets.”
Agencies are already preparing for renewed demand in core areas such as smart contract development, cross-chain infrastructure, and decentralised identity systems. According to data gathered by web3 talent acquisition specialists, hiring momentum tends to accelerate within two months of major market reversals — a pattern visible after both the 2019 and 2020 rallies.
For those navigating these volatile cycles, the blend of financial confidence and political stability now forming on the horizon could prove transformative. It underscores the importance of strategic recruitment planning within the crypto recruitment agency ecosystem — ensuring the right blockchain engineers, governance experts, and DeFi risk managers are positioned before the next expansion wave fully unfolds.
While enthusiasm reigns, some technical analysts advise caution. The $107,000 level remains a short-term resistance, and any rejection here could lead to renewed consolidation. But if Bitcoin clears that hurdle, breaking through the psychological $110K–$112K range could unleash the long-anticipated liquidity squeeze, setting the stage for further momentum into late November.
AlphaBTC summarised the mood succinctly: “If $107K gives way, $112K becomes the magnet. That’s where resting liquidity invites participation — and that’s where volatility returns.”
For crypto professionals watching these levels, the technical drama carries more than just trading implications. Sustained bullish momentum could reopen funding channels, spur project launches, and reignite innovation hiring campaigns across the Web3 economy, echoing patterns seen after previous macroeconomic turnarounds.
As Bitcoin once again flirts with historical resistance, markets await confirmation that this rebound is more than a reflex. Whether the reopening of the U.S. government will serve as the spark remains to be seen — but as traders, founders, and crypto headhunters know too well, timing and liquidity often tell the story before policy ever does.