Bitcoin Gathers Steam: $123,000 in Sight, Higher Levels on the Horizon

Bitcoin now seems to be on the move again. The token is now aiming for the long haul, moving strategically ahead as the Fed has announced its decision to cut interest rates by 25 bps. This has led the cryptocurrency domain to witness a sharp surge in the process, with BTC sitting at $117K at press time.

Also Read: 84% of Global Investors Haven’t Touched Crypto Yet: BoA

Also Read: 84% of Global Investors Haven’t Touched Crypto Yet: BoA## BTC Predictions: What Lies Ahead?

Source: MARCASource: MARCABitcoin is now once again gaining mainstream attention, as investor sentiment turns towards the asset once again. As the Fed has announced its latest rate cuts, the investor sentiment will continue to find refuge in risky assets like BTC, helping Bitcoin gain momentum once again.

Per Javon Marks, a notable crypto analyst, Bitcoin has already started its ascent, targeting a new high of $123K in the near future.

“#Bitcoin adds to its breakout gains and looks to be headed with steam towards the $123,000 levels AND HIGHER !”

“#Bitcoin adds to its breakout gains and looks to be headed with steam towards the $123,000 levels AND HIGHER !”

#Bitcoin adds to its breakout gains and looks to headed with steam towards the $123,000 levels AND HIGHER ! pic.twitter.com/NP8bLzEnTy

— JAVON️MARKS (@JavonTM1) September 18, 2025

#Bitcoin adds to its breakout gains and looks to headed with steam towards the $123,000 levels AND HIGHER ! pic.twitter.com/NP8bLzEnTy

Moreover, the token is also targeting major price highs in the process, as predicted by Bitcoin Magazine Pro. The outlet has shared how a bullish momentum could help Bitcoin hit $190K, with an accumulation high of $155K.

“The Bitcoin Golden Ratio Multiplier has mapped out BTC’s diminishing price cycle returns with remarkable accuracy since 2011! It’s currently pointing to these levels: . Potential Bull High: $194,000… Accumulation High: $155,000”

**“The Bitcoin Golden Ratio Multiplier has mapped out BTC’s diminishing price cycle returns with remarkable accuracy since 2011! It’s currently pointing to these levels: . Potential Bull High: $194,000… Accumulation High: $155,000”**With the approvals of multiple crypto ETFs in the queue, the market is awaiting a slight momentum push, which once again can help Bitcoin resume its ascent to $120K and beyond.

The Bitcoin Golden Ratio Multiplier has mapped out BTC's diminishing price cycle returns with remarkable accuracy since 2011!

It's currently pointing to these levels:

Potential Bull High: $194,000
Accumulation High: $155,000

Are these reasonable targets? pic.twitter.com/hmMrUFwGbk

— Bitcoin Magazine Pro (@BitcoinMagPro) September 16, 2025

The Bitcoin Golden Ratio Multiplier has mapped out BTC's diminishing price cycle returns with remarkable accuracy since 2011!

It's currently pointing to these levels:

Potential Bull High: $194,000
Accumulation High: $155,000

Are these reasonable targets? pic.twitter.com/hmMrUFwGbk

Technical Index Insights

According to CoinCodex, Bitcoin is eyeing a new high of $121K by mid-October 2025.

Source: CoinCodexSource: CoinCodex**“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 2.96% and reach $121,187 by October 18, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 52 (neutral). BTC recorded 15/30 (50%) green days with 2.08% price volatility over the last 30 days..”**

**“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 2.96% and reach $121,187 by October 18, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 52 (neutral). BTC recorded 15/30 (50%) green days with 2.08% price volatility over the last 30 days..”**Also Read: Memecoin Price Predictions For Sept’ End: Bonk, DogWifHat, Dogecoin

Also Read: Memecoin Price Predictions For Sept’ End: Bonk, DogWifHat, Dogecoin