Bitcoin (BTC) is trading with gains today, September 29, 2025, rising approximately 2.65% to September 30, 2025.
Analyzing why is Bitcoin up today seems to be a mix of a more positive crypto market and large investors buying. Short-term traders may look to ride the momentum, while long-term investors could be watching to see if this rise confirms a lasting upward shift.
RELATED: Why Bitcoin Makes Sense for Long Term Investors
What’s Driving Bitcoin Price Today?
While there doesn’t seem to be anything major, a combination of “smaller” positive news pushed Bitcoin to its positive run.
For starters, recent buying from crypto whales has helped steady the market and prevent deeper losses.
Some of today’s gains are likely a natural bounce back after recent heavy selling (last week’s crypto market saw $1.8 billion in liquidations), as the market stabilizes and traders slowly re-enter.
To keep a closer look at why is Bitcoin up today, traders will probably eye several support and resistance levels.
Bitcoin Price Levels To Watch
Right now, the $115,000 – $116,000 price band represents a big threshold that Bitcoin must overcome to confirm a continuation of the bullish trend.
If the above happens, then a much tougher barrier and longer-term resistance zone would be $118,000 – $121,000. A break above this area would probably shift the momentum to even more bullish.
(Why is Bitcoin up today, September 29, 2025)
The $110,000 support level represents the most important nearby level to hold, as buyers might step in here if the price dips.
Below that, a lower safety net that would come into play if the first support level breaks is $107,000 – $108,000.
What’s Next for Bitcoin?
If Bitcoin continues to stay above $110,000 and can clearly break past $115,000, it could go for the $118,000 – $121,000 area. Continued acquisitions and a general positive economic mood will go a long way in making this happen.
There is a danger, though, since if the price falls below the $110,000 support, it could drop toward $107,000 or even lower. A negative shift in the economy or a loss of buying pressure could cause this decline.
That being said, if you want to know more about the long-term price, check out our full Bitcoin prediction.
RECOMMENDED: Do Not Invest in Bitcoin or XRP Before You Know This
Conclusion
Evaluating why is Bitcoin up today is a combo of whale buying and the much more positive crypto market compared to last week. The key levels to watch are the floor around $110,000 and a ceiling at $115,000 – $116,000. Whether the price keeps going up or pulls back will depend on how it reacts at these points, especially with bigger economic factors at play.
Join eToro today and receive $10 in free crypto on your first deposit. Trade crypto, stocks, and ETFs with powerful tools and social investing features like CopyTrader™
Crypto investments are risky and may not suit retail investors; you could lose your entire investment. Understand the risks here
Which Crypto Should You Invest In Right Now?
For alerts on the key crypto assets that are primed for investment right now you should consider Join the original blockchain-investing research service — live since 2017.
InvestingHaven alerts come from a proprietary 15‑indicator methodology built over 15+ years of market experience.
You’ll be following the service that identified major turning points through crypto winters and bull runs alike
Act now and see why thousands trust us to deliver signals before markets move.
This is how we are guiding our premium members (log in required):
- Crypto Consolidation: When Will Bullish Momentum Return? (Sept 28)
- Is Meme Season Underway? (Sept 19th)
- Alt Season Is Brewing, In Silence. These 3 Charts Tell The Crypto 2025 Story. (Sept 10th)
- Is A Trendless Crypto Market Good or Bad? The Current and Emerging Winners Look Awesome. (Sept 7th)
- BTC Testing Long Term Trendline. Here Is Short and Long Term Guidance. (Aug 26th)
- Crypto – To Break Out Or Not To Break Out? (Aug 23rd)
- What Happened This Week? Leading Indicator Analysis and 7 Token Charts. (Aug 16th)
