📌 Introduction: when the candle speaks louder than the headlines

Bitcoin finished the week with a confident bullish close, giving traders reason to talk about a target of $120,000. This is not just a candle — it's a market gesture: 'we are ready to go higher'. And while resistance remains, the chart structure hints at a continuation of the momentum.

🧠 Abstract-Logical Review: what is behind this movement?

  • Technical Background: Closing above the key support level strengthens the bullish sentiment. RSI remains in the neutral zone, providing room for growth without overheating.

  • Market Psychology: After consolidation in the $110K–$115K zone, traders are looking for confirmation of the trend. A bullish close is not just a signal, it is a collective agreement: 'we are going up.'

  • Macro Expectations: A decrease in the Fed's rate, rising gold prices, and inflow into ETFs create a foundation for continued movement.

📊 Logical Conclusion

  • BTC holds above $115,000.

  • The nearest target is $120,000; if broken, the path opens to $130K.

  • Volumes are increasing, volatility is moderate — perfect conditions for a trend movement.

🧠 Abstract-Logical Conclusion: the candle as a manifesto

This close is not just a technical fact. It is a manifesto of the bullish sentiment. The market says: 'we are not afraid of heights.' And if September ends at these levels, October could become a month of new highs.


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