According to the analysis of Coinidol.com, the price racement suggests that BTC will reach $ 122,647.80.
Bitcoin price in the long term prediction: Bullish
The price of Bitcoin (BTC) has been restored after a low of $ 107,650 on August 29. On September 1, BTC prize ran out twice and broke through the 21-day SMA barrier and eventually rose above the advancing average lines. The BTC price has risen from a low of $ 107,650 to a peak of $ 116,610.
The cryptocurrency experiences a small retracement above the advancing average lines. If the SMA support level of 50 days applies, the upward trend will resume. Moreover, the price indicator predicted that the cryptocurrency will continue to rise.
On September 5, the candlesticks of the upward trend tested the 38.2% Fibonacci racement. The Retracement suggests that BTC will reach the 2,618 Fibonacci extension or $ 122,647.80. At the time of writing, however, Bitcoin acted at $ 115,450.
Technical indicators
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Key supply zones: $ 120,000, $ 125,000, $ 130,000 -
Main demand zones: $ 100,000, $ 95,000, $ 90,000
BTC price indicators analysis
After the recent outbreak, the price rods have again risen above the advancing average line. However, because it recovers above the advancing average lines, the BTC price is confronted with the initial resistance on its recent high. Bitcoin will rise if the retracement remains above the 50-day SMA support.
On the 4-hour graph, the Retracement remains above the 21-day SMA support, so that the cryptocurrency can continue its upward trend.
BTC/USD Daily Chart – September 13, 2025
What is the next step for Bitcoin?
Bitcoin is in an upward trend after breaking above the support level of $ 107,000. On the 4-hour graph, the upward momentum stopped below the level of $ 117,000.
In the meantime, the BTC prices above the 21-day SMA support oscillate, but below the level of $ 117,000. Bitcoin will rise if buyers keep the price above $ 117,000. Bitcoin will fall as well if it breaks under the 21-day SMA support.
BTC/USD 4 -EURS Chart – September 13, 2025
Safeguard. This analysis and prediction are the personal opinions of the author. The information provided is collected by the author and is not sponsored by a company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be seen as an approval by Coinidol.com. Readers must do their research before they invest in funds.
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