1 hour ago
Key takeaways:
Bitcoin’s play adjacent supra $115,000 signals bullish strength.
BTC’s bull emblem breakout could trigger a rally to $120,000.
Bitcoin (BTC) whitethorn spot further upside implicit the adjacent fewer days aft BTC/USD ended the 2nd week successful the greenish supra $115,000, according to analysts.
Why Bitcoin is bullish supra $115,000
Bitcoin terms completed its 2nd consecutive week of gains connected Sunday, 8% supra its Aug. 30 low of $107,270, per information from Cointelegraph Markets Pro and TradingView.
Bitcoin reclaimed the important level of $115,000, which has capped the terms since Aug. 24.
BTC/USD play chart. Source: Cointelegraph/TradingViewTrader Titan of Crypto noted that $115,000 was the cardinal level to ticker connected the play clip frame.
Related: Bitcoin whale is dumping again arsenic BTC flatlines astatine $116K
An accompanying illustration revealed that this level aligned with the Tenkan, a enactment successful the Ichimoku Cloud indicator that identifies short-term momentum and imaginable inclination changes.
“A confirmed play adjacent supra it would powerfully reenforce the bullish lawsuit for #BTC.”
BTC/USD play chart. Source: Titan of CryptoHistorically, the terms breaking supra the Tekan often signals a short-term uptrend, particularly erstwhile the Cloud itself is successful the bullish territory and the terms trades supra it.
Most recently, the BTC/USD brace rallied 44% to the current all-time highs supra $124,500 aft the terms crossed supra the Tenkan successful precocious April.
Analyst AlphaBTC said BTC/USD indispensable clasp supra $115,000, peculiarly with volatility expected ahead of FOMC this week.
“A pat of $118K is apt astatine the commencement of the week.”— AlphaBTC (@mark_cullen) September 15, 2025As Cointelegraph reported, Bitcoin should wage adjacent attraction to the $115,000 intelligence level going into a cardinal macro week.
BTC terms to $120,000 next?
The upcoming FOMC determination connected Wednesday, with a 94% accidental of a 25 bps complaint cut, is simply a cardinal operator of imaginable gains for Bitcoin. Lowering involvement rates has historically boosted hazard assets similar BTC, and a dovish code from Fed Chair Jerome Powell’s code aft the gathering could propel Bitcoin’s terms toward $120,000.
From a method perspective, the BTC/USD brace traded wrong a bull flag connected the four-hour chart, arsenic shown below.
A four-hour candlestick adjacent supra the emblem astatine $115,800 would corroborate a bullish breakout, paving the mode for a run-up to the method people of the prevailing illustration signifier astatine $122,000. Such a determination would bring the full gains to 6% from the existent levels.
BTC/USD four-hour chart. Source: Cointelegraph/TradingView
The 50-period and 200-period elemental moving averages validated a “golden gross” connected Sunday, further reinforcing BTC’s upside potential.
Several analysts task Bitcoin’s short-term rally to $120,000 based connected bullish futures information and a potential breakout from an inverse head-and-shoulders pattern.
Analysts similar Jelle task a 35% rally to $155,000, citing a bullish awesome from the play Stochastic RSI.
#Bitcoin locked successful a large bullish awesome 👀
The play stochastic RSI has crossed bullish.
This awesome printed 9 times successful this rhythm alone, starring to an mean summation of 35%.
35% from present would mean $155k / BTC.
Send it. pic.twitter.com/gCSkb6E3ha
This nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
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