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Bitcoin Retest of $120,000 Is ‘Within Sight’: Bitbank
Yahoo Finance·2025-09-19 23:55

It could take a week for Bitcoin traders to fully digest the impact of the Federal Reserve’s first interest rate cut in 9 months, according to Bitbank analyst Yuya Hasegawa. “With risk-on sentiment persisting after the FOMC, this improvement in technical sentiment is seen as an additional tailwind [for Bitcoin], putting a test of 120,000withinsight,wrotetheTokyobasedanalystinanotesharedwithDecrypt.ShouldBTCsuccessfullybreakabove120,000 within sight,” wrote the Tokyo-based analyst in a note shared with Decrypt. “Should BTC successfully break above 120,000, a full retracement may finally come into focus ...