Bitcoin Price Oscillates Below The $113,000 Barrier

Bitcoin recovered above the $108,000 level, providing support for the price to rise, as the price analysis by Coinidol.com notes.

Bitcoin's (BTC) price rose after falling to a low of $108,880. 

Bitcoin price long-term prediction: bearish

The largest cryptocurrency has climbed to a high of $112,620, but the price has remained below this recent high for the past 24 hours, pausing the upward trend. If buyers overcome the initial hurdle and push the price above the moving average lines, BTC will resume its upward trend and may rise above $120,000.

However, if buyers fail to sustain the price above the moving average lines, the BTC price will fluctuate above the $108,000 support and below the moving average lines. Bitcoin is $112,000 at the time of writing.

Technical indicators

• Key supply zones: $120,000, $125,000, $130,000

• Key demand zones: $100,000, $95,000, $90,000   

BTC price indicators analysis

Bitcoin remains above $108,000 as it bounces off the current support. Despite the bounce, the price bars remain below the moving average lines. The horizontal moving average lines indicate that Bitcoin is in a sideways trend.

On the 4-hour chart, the price bars are above the downward-sloping moving average lines, suggesting that Bitcoin is correcting upwards against the previous decline.

BTC/USD daily chart - September 29, 2025

What is the next move for BTC?

BTC has maintained its bullish ascent, remaining above the psychological milestone of $100,000. On the 4-hour chart, it is trading in a range above $108,000 and below the moving average lines, or resistance at $113,000. The bullish momentum has paused at the $113,000 level. Bitcoin is oscillating near its recent high. The crypto signal is currently constrained within a range.

BTC/USD 4-hour chart - September 29, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.