Bitcoin Targets $130,000—And This ‘Supertrend’ Indicator Just Flipped Bullish
Posted On October 6, 2025
Bitcoin (CRYPTO: BTC) is up about 1% on Monday morning, with the “Supertrend” indicator turning bullish for the first time since August.
Supertrend Turns Positive As Breakout Zone Clears
BTC Key Technical Levels (Source: TradingView)
Technical Analysis: The daily chart shows Bitcoin trying to break above a consolidation band between $107,000 and $125,000.
The Supertrend has flipped to a buy signal, while price action holds above the 20-day EMA at $117,259 and 50-day EMA at $115,256.
This marks the third breakout attempt in 2025. Unlike July and September’s failed rallies, the latest move is supported by higher volume and indicator confirmation, adding weight …
About The Author
