BTC USD Targets End of September: Bitcoin Technical Analysis for October

Core Insights - Bitcoin (BTC) is currently trading above $110,000, raising questions about the sustainability of the bull market and future price movements [1] - The $112,000 level is highlighted as a crucial price point for Bitcoin, indicating potential market strength [2][4] Technical Analysis - The analysis indicates that there are unfilled Weekly Fair Value Gaps from February 2024 and April 2025, with the likelihood of these gaps being filled decreasing as Bitcoin maintains prices above $100,000 [3] - The recent price action shows that Bitcoin is currently below the 50-day and 100-day moving averages, with the 50-day average poised to cross below the 100-day average, which is a bearish signal; however, the 200-day moving average remains a strong support level [4] - A demand/liquidity support area has been identified between $108,000 and $118,000, with recent price movements indicating a higher high and a higher low, suggesting a potential upward trend [5][6]