Bitcoin (BTC/USD) Market Shows Strong Bullish Recovery Amid Sustained Upward Momentum
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Bitcoin Price Prediction – September 18
BTCUSD market shows strong bullish recovery amid sustained upward momentum. BTCUSD is currently demonstrating a firm bullish trajectory, supported by a steady incline above its short-term moving average.
The 9-day SMA at approximately $115,930 is providing a solid dynamic support zone, while the MACD indicator is trending positively with widening histogram bars, confirming growing buying pressure. Market sentiment reflects strong demand accumulation, pushing price action consistently above key reference levels and sustaining higher highs.
BTC/USD Market Key Levels:
Resistance Levels: $124,530, $130,000, $136,000
Support Levels: $108,390, $95,980, $85,010
BTC/USD – Daily Chart
The BTCUSD daily chart shows that the market is clearly dominated by the bulls.
From a technical standpoint, the market has been respecting the ascending trendline, reinforcing bullish structure. Price has rebounded strongly from the $111,550–$115,930 order block, signaling renewed investor interest. The breakout above the immediate resistance at $115,930 confirms strength, while higher demand zones continue to hold. With the broader structure showing higher lows, buyers remain in control of market flow, narrowing downside risk exposure.
Arthur Hayes’ prediction of a $1 million Bitcoin price is highly speculative and not grounded in current market fundamentals. The recent Fed rate cut has been largely priced in, and technical analysis suggests a more modest upside target of $120k, with acceptance above this level…
— SignalBoat (@signalboatcom) September 18, 2025
Bitcoin $120K Seen as Realistic Milestone Despite $1M Hype
The author of the tweet emphasized that Arthur Hayes’ $1 million Bitcoin call is bold, but market conditions suggest a more tempered outlook. While macro liquidity trends and institutional demand provide a bullish backdrop, fundamentals and technical point to more achievable targets in the medium term. With the Fed’s recent rate cut already priced in, Bitcoin’s path higher is likely to be gradual rather than explosive. Acceptance above $120,000 could serve as a realistic milestone, paving the way for renewed all-time highs if momentum holds. For now, $1 million remains distant, but $120k is an attainable checkpoint in Bitcoin’s ongoing bullish cycle.
What is the likely projection of BTCUSD?
Looking ahead, BTCUSD appears poised to extend its bullish momentum toward the $124,530 resistance zone. A clear breakout above this threshold could accelerate movement toward the $130,000 psychological level, with an extended upside potential near $136,000. Provided that the $115,930 support is maintained, short-term pullbacks are likely to be absorbed by buyers, reinforcing the overall bullish outlook.
Bitcoin (BTC) Current Statistics
The current price: $117,750
Market Capitalization: $2,340,000,000,000
Trading Volume: $53,540,000,000
You can purchase Bitcoin here. Buy BTC
