{"id":872919,"date":"2025-09-14T21:12:43","date_gmt":"2025-09-15T02:12:43","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/14\/bitcoin-price-news-bulls-eye-120k-next\/"},"modified":"2025-09-14T21:12:43","modified_gmt":"2025-09-15T02:12:43","slug":"bitcoin-price-news-bulls-eye-120k-next","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/14\/bitcoin-price-news-bulls-eye-120k-next\/","title":{"rendered":"Bitcoin Price News: Bulls Eye $120k Next"},"content":{"rendered":"
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\"Bitcoin<\/figure>\n<\/div>\n
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Bitcoin is testing an important level. The price has reached the resistance zone between $116,500 and $117,000, but it has not yet broken through. This range has acted as a ceiling in recent sessions.<\/p>\n

Resistance Holds Strong<\/h2>\n

Bitcoin has been consolidating after its rally from $113,000. An ascending triangle breakout earlier this month pointed to $116,500\u2013$117,000 as the first major hurdle. Bitcoin has now reached <\/a>this zone but is struggling to close decisively above it.<\/p>\n

If Bitcoin clears this range with strong confirmation, the next target sits near $120,000, followed by the all-time high around $124,000.<\/p>\n

Support Levels to Watch<\/h2>\n

Despite resistance, the broader trend remains bullish in the short term. The 3-day MACD is nearing a bullish crossover, historically a reliable signal of upward momentum. On the downside, support remains firm at $113,000\u2013$113,500, with additional backing at $106,700\u2013$107,600 if a deeper pullback occurs.<\/p>\n

Liquidity clusters are building both above and below the current price. Heatmap data shows heavy liquidation levels around $116,900, hinting another retest of the resistance area in the coming days. Below, liquidity near $110,000 could act as a magnet if selling pressure intensifies, though this appears less likely given the prevailing bullish structure.<\/p>\n

What\u2019s Next for Bitcoin?<\/h2>\n

With the market still trending higher overall, a period of consolidation or retests around $117,000 is likely before a possible breakout. If successful, the move could push Bitcoin toward $120,000, placing it within reach of its record highs.<\/p>\n<\/div>\n

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\n \ufeffAnjali Belgaumkar<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin is testing an important level. The price has reached the resistance zone between $116,500 and $117,000, but it has not yet broken through. This range has acted as a ceiling in recent sessions. Resistance Holds Strong Bitcoin has been consolidating after its rally from $113,000. An ascending triangle breakout earlier this month pointed to<\/p>\n","protected":false},"author":1,"featured_media":872920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4759],"tags":[],"class_list":["post-872919","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-price"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/872919","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=872919"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/872919\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/872920"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=872919"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=872919"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=872919"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}