Technical analysis by TopChartPatterns about Symbol BTC: Buy recommendation (9/15/2025)

Bitcoin’s Next Bull Move Bitcoin is once again showing signs of strength, and the current setup offers a fascinating opportunity for traders. If the price manages to break above the $116,900 level, there’s a strong technical case for a quick move toward the $119,000–$120,000 area, possibly within hours, or just a few days. So why is this level so important? Let’s break it down step by step: 1. The Bull Flag in Action Bitcoin is forming a bull flag, a classic continuation pattern that often appears after strong upward moves. The idea behind the bull flag is simple: price consolidates in a controlled pullback, only to resume its rally once the consolidation breaks. Looking at the chart, you’ll notice that Bitcoin has respected these patterns several times in the past. If this current flag breaks to the upside, it naturally projects a target right around $119,000–$120,000, the next logical step in the ongoing bull trend. 2. Confirmation From a Head & Shoulders Breakout What makes this setup even more compelling is that it aligns with a recently confirmed inverse head and shoulders pattern. The breakout from that formation points to the very same price levels—the $119k to $120k zone. This convergence of signals adds weight to the bullish scenario. Even more exciting! The measured move aligns perfectly with the 100% Fibonacci extension, reinforcing the probability of price reaching those targets. 3. Volume Profile: Why $120k Matters The Volume Range Visible Profile (VRVP) shows that the $116k–$120k region is a high-volume area. This means many positions have historically been taken here, which makes it both a magnet for price action and a tough level to break cleanly. Above $120,000, things get more complicated, resistance builds, and momentum could slow down. But at the same time, it wouldn’t be surprising to see Bitcoin gravitate toward the next liquidity pocket around $124,000 if momentum remains strong. 4. Why This Moment Matters Patterns repeat, and Bitcoin has a history of rewarding those who recognize them early . The current alignment of: A bull flag setup, A confirmed inverse head & shoulders The 100% Fibonacci projection, and A high-volume VRVP zone creates a rare technical harmony that makes this move worth watching closely. If Bitcoin breaks above $116,900 with conviction, the probability of a swift rally toward $119k–$120k becomes very high. From there, traders will be watching carefully how price reacts at the $120k threshold, because that’s where the next big battle begins.