20.09.2025 07:20

According to internet sources, Bitcoin's technical indicators hint at a significant surge, potentially reaching $136,000 within the next four to six weeks. The immediate hurdle lies at $117,900, which, if surpassed, could pave the way for even loftier price points.

Short-term projections for Bitcoin suggest an increase to a range of $119,500 to $121,000 within the next week, marking a potential 3-4% gain. Looking ahead one month, forecasts range between $130,000 and $136,000. A breakthrough above $117,900 is deemed crucial for maintaining this bullish trajectory, while a drop below the $113,260 support level (SMA 20) could signal a bearish turn.

The analyst community's projections for Bitcoin's future value vary considerably, as reported by internet sources. For instance, one analysis anticipates Bitcoin will reach approximately $136,081 by September 2025. At the other end of the spectrum, there are more conservative estimates and some are significantly more optimistic, with some projections reaching as high as $177,384 by year-end. Despite these divergent views, the general sentiment seems to lean toward upward movement in the medium to long term.

The existing Bitcoin technical analysis points toward a promising setup for continued gains. Currently priced at $116,133, Bitcoin's position above the critical Simple Moving Average (SMA) of $113,260 implies that its medium-term trend remains strong. Moreover, a positive reading on the Moving Average Convergence Divergence (MACD) histogram underscores the building momentum. These factors suggest that buyers are accumulating positions, positioning Bitcoin for a potential breakout.