Bitcoin's price surges in a bullish trend beyond $114,000, as a concealed divergence emerges.
Bitcoin, the world's leading cryptocurrency, is showing signs of renewed bullish strength, according to a technical analysis by crypto analyst CrypFlow.
In a series of posts on the social media platform X, CrypFlow shared his analysis of Bitcoin's weekly candlestick chart, first published around early to mid-September 2025. The analyst noted that Bitcoin is currently holding firm above $114,000 and has broken above $115,000.
The chart shows Bitcoin defending an important support level around $114,000 and is now on two bullish weekly candlesticks. This is a positive sign, as it indicates that the cryptocurrency is regaining momentum over the past week.
Moreover, Bitcoin has confirmed a higher price low in the weekly timeframe following the pullback that began after its August all-time high. This bullish flip was last seen on the weekly timeframe in April.
Another key indicator is the stochastic RSI (Relative Strength Index) on the weekly timeframe, which has just flipped bullish. This hidden bullish divergence, as CrypFlow calls it, could provide the foundation for Bitcoin to push to new highs again.
If the divergence is confirmed as expected, it could be a strong signal that Bitcoin is on track to resume its journey of new all-time highs. However, confirmation will depend on how Bitcoin closes in the coming sessions.
It's worth noting that expectations are running high that the Federal Open Market Committee (FOMC) will announce an interest rate cut of 25 basis points or possibly even 50 basis points. Such a move could further boost the bullish sentiment around Bitcoin and other risky assets.
However, it's essential to remember that all investments come with risks, and cryptocurrencies are no exception. As always, it's crucial to do your own research and consider your risk tolerance before making any investment decisions.
Stay tuned for more updates on Bitcoin and other cryptocurrencies as we continue to monitor the market.
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