Bitcoin Nears $115K Resistance with Bullish Momentum, Analysts Anticipate Volatility

• Bitcoin’s price nears resistance at $115,400 on the 4-hour chart, per TradingView data, building anticipation for a breakout.

• The RSI at 75.67 indicates slightly overbought conditions but sustained demand.

• Overall market cap reaches $3.9 trillion, with trading volumes spiking 68.41% to $139.39 billion, including 3.41% growth in Bitcoin’s 24-hour activity.

Bitcoin price surges past $115K, igniting bullish momentum in crypto markets. Discover key indicators, analyst insights, and market overview driving this rally—stay ahead with expert analysis today!

What is Driving Bitcoin’s Surge Past $115,000?

Bitcoin’s surge past $115,000 stems from renewed investor confidence and positive technical indicators, as seen in its bounce back on Sunday night to trade around $115,218. Daily trading volumes for Bitcoin jumped 3.41% to $47.6 billion, contributing to a broader market recovery where the total crypto capitalization hit $3.9 trillion, up 3.68%. This momentum reflects growing optimism amid neutral sentiment signals.

How Are Technical Indicators Supporting Bitcoin’s Bullish Momentum?

TradingView data highlights Bitcoin’s 4-hour chart approaching a key resistance at $115,400, a level that has previously capped gains, now fueling breakout expectations. The Relative Strength Index (RSI) stands at 75.67, suggesting slightly overbought territory yet underscoring robust demand from buyers. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator remains positive, affirming short-term bullish control. These metrics, combined with a 3.41% daily price increase, demonstrate sustained upward pressure without immediate reversal signs. Expert analysis from TradingView underscores this as a pivotal moment, with historical patterns indicating potential for further gains if resistance breaks cleanly.

Bitcoin 4-hour chart, Source: TradingView

Market analyst Daan Crypto Trades observed in a recent statement, “Sentiment was bearish going into September which ended up green. Sentiment was bullish going into October which is red as we speak. Meanwhile, Bitcoin’s price has opened & closed within a small 8% price range during the past 4 months. A bigger move is coming at some point.” This perspective highlights the anticipation of increased volatility toward the end of 2025, as range-bound trading gives way to decisive shifts.

Analyst Crypto Caesar added, “$BTC – bitcoinbuilder is testing a key resistance around $112K. A CLEAN break and close above it could confirm a bullish continuation toward $123K.” This view aligns with observations from trader Astronomer, who noted that Bitcoin longs initiated at $107K target $118K, though a CME gap closure might precede additional upside. These insights from seasoned market watchers emphasize the technical setup favoring bulls, provided key levels hold firm.

The broader market context supports this surge, with CoinMarketCap data showing the Fear and Greed Index at 42, indicating neutral sentiment. Bitcoin maintains dominance at 58.9%, dwarfing Ethereum’s 13.1% share, while the Altcoin Season Index lingers at 30—affirming Bitcoin’s lead in the current cycle.

Source: CoinMarketCap

Frequently Asked Questions

What Factors Are Contributing to Bitcoin’s Current Price Surge to $115,000?

Bitcoin’s rally to $115,000 is driven by a 3.41% increase in 24-hour trading volume to $47.6 billion and positive technical signals like a bullish MACD. Renewed buyer confidence amid a recovering market cap of $3.9 trillion further bolsters this upward trend, as per TradingView and CoinMarketCap metrics.

Is Bitcoin’s Momentum Sustainable in the Short Term?

Yes, Bitcoin’s short-term momentum appears sustainable with RSI at 75.67 showing strong demand despite overbought signals, and the price testing $115,400 resistance. Analysts like Daan Crypto Trades predict heightened volatility by late 2025, but current indicators favor continued bullish activity if key levels are breached.

Key Takeaways

• Technical Strength: Bitcoin’s 4-hour chart nears $115,400 resistance, supported by positive MACD and RSI at 75.67, signaling robust demand.
• Market Recovery: Total crypto cap hits $3.9 trillion with 68.41% volume surge to $139.39 billion, led by Bitcoin’s 58.9% dominance.
• Volatility Ahead: Experts forecast bigger moves by year-end; monitor resistance breaks for potential targets at $118K-$123K.

Conclusion

Bitcoin’s surge past $115,000 underscores a bullish resurgence in the crypto market, propelled by technical indicators and elevated trading volumes as detailed by sources like TradingView and CoinMarketCap. With neutral sentiment and analyst predictions of impending volatility, this momentum highlights Bitcoin’s enduring dominance. Investors should track resistance levels closely for opportunities in the evolving landscape, positioning for potential breakouts into 2026.

Bitcoin surges past $115K as bullish momentum builds across the market, lifting sentiment and fueling hopes for a potential breakout soon.

Bitcoin bounced back above $115,000 on Sunday night, bringing fresh optimism to the crypto market. At the moment, it is trading around $115,218, with daily trading activity hitting $47.6 billion—a 3.41% jump in just 24 hours.

The overall crypto market cap has also grown to $3.9 trillion, up 3.68% today, while overall trading volumes have spiked by 68.41% to $139.39 billion.

According to TradingView data, Bitcoin’s 4-hour chart shows the price approaching a resistance level near $115,400. This level has acted as a ceiling several times before, creating anticipation for a potential breakout.

Also, the RSI value of 75.67 suggests Bitcoin may be slightly overbought with strong demand. Aside from that, the MACD indicator remains positive, which means short-term momentum remains in the bulls’ favor.

In the meantime, trading activity on cryptocurrency derivatives remains high, with $849.82 billion in perpetual contracts and $3.41 billion in futures that have not been settled. Some of the leading altcoins have also jumped more than 10% in the past 24 hours, including Bitcoin Cash (BCH), Zcash (ZEC), and Uniswap (UNI).

Bitcoin’s climb past $115K indicates that buyers are confident again and the market has regained fresh energy. Still, traders are staying cautious because bigger price swings could be coming before the year ends.

Also Read: Indian Court Rules Crypto is Property Capable of Ownership and Trust