Bitcoin Price Stops Below The High Of $118,000
The post Bitcoin Price Stops Below The High Of $118,000 appeared on BitcoinEthereumNews.com. Sep 19, 2025 at 14:32 // Price Bitcoin’s uptrend will face resistance at $120,000, as Coinidol.com reports in the latest BTC price analysis. Bitcoin price long-term prediction: bullish The price of Bitcoin (BTC) is currently trading in an uptrend zone following the breakouts of September 11. Since its rally, Bitcoin has risen to a record high of $117,640. Since September 18, the upward momentum has stalled below the $118,000 mark. Bitcoin price has fluctuated below the recent high and above the 50-day SMA support over the last 48 hours. However, the formation of doji candlesticks has kept the price movement stable. Now, the uptrend will face resistance at $120,000. If buyers push the price above $120,000, Bitcoin will return to its previous high of $123,640. At the time of writing, the price of Bitcoin stands at $116,153. Technical indicators Key supply zones: $120,000, $125,000, $130,000 Key demand zones: $100,000, $95,000, $90,000 BTC price indicators analysis The price bars on the daily chart are above the horizontal moving average lines. The 21-day SMA is moving upwards, just below the 50-day SMA. On the 4-hour chart, the price bars are above the upward moving average lines, indicating an uptrend. Doji candlesticks also dominate the price action. This has led to Bitcoin remaining stationary. BTC/USD price chart – September 19, 2025 What is the next step for Bitcoin? Bitcoin is steadily rising above the moving average lines but has stalled below the $118,000 level. On the 4-hour chart, Bitcoin is trading in a narrow range above the moving average lines but below the $118,000 mark. The Bitcoin price is fluctuating but remains firmly above the $117,000 support level. Bitcoin’s uptrend will continue if it rises…
The post Bitcoin Price Stops Below The High Of $118,000 appeared on BitcoinEthereumNews.com.
Sep 19, 2025 at 14:32 // Price Bitcoin’s uptrend will face resistance at $120,000, as Coinidol.com reports in the latest BTC price analysis. Bitcoin price long-term prediction: bullish The price of Bitcoin (BTC) is currently trading in an uptrend zone following the breakouts of September 11. Since its rally, Bitcoin has risen to a record high of $117,640. Since September 18, the upward momentum has stalled below the $118,000 mark. Bitcoin price has fluctuated below the recent high and above the 50-day SMA support over the last 48 hours. However, the formation of doji candlesticks has kept the price movement stable. Now, the uptrend will face resistance at $120,000. If buyers push the price above $120,000, Bitcoin will return to its previous high of $123,640. At the time of writing, the price of Bitcoin stands at $116,153. Technical indicators Key supply zones: $120,000, $125,000, $130,000 Key demand zones: $100,000, $95,000, $90,000 BTC price indicators analysis The price bars on the daily chart are above the horizontal moving average lines. The 21-day SMA is moving upwards, just below the 50-day SMA. On the 4-hour chart, the price bars are above the upward moving average lines, indicating an uptrend. Doji candlesticks also dominate the price action. This has led to Bitcoin remaining stationary. BTC/USD price chart – September 19, 2025 What is the next step for Bitcoin? Bitcoin is steadily rising above the moving average lines but has stalled below the $118,000 level. On the 4-hour chart, Bitcoin is trading in a narrow range above the moving average lines but below the $118,000 mark. The Bitcoin price is fluctuating but remains firmly above the $117,000 support level. Bitcoin’s uptrend will continue if it rises…
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