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Bitcoin Price at Crossroads ⚡ – Key Resistance Will Decide t

koinmilyoner

Updated at: 3 hours ago

{"content":"Bitcoin Price at Crossroads ⚡ – Key Resistance Will Decide the Next Move Bitcoin price is rising beyond $116,500. BTC may gain momentum if it breaks $117,250 barrier. Bitcoin rose again beyond $116,200. The price is below $116,200 and the 100-hour SMA. On the hourly BTC/USD chart, a positive trend line with support around $115,500 is formed. If it breaks $117,250, the pair may rise again. bitcoin price faces major hurdle Bitcoin began rising beyond $115,500. BTC broke $116,000 and $116,200 barrier. Bulls pushed price beyond $117,000. A negative decline began once the price reached $117,291. Price fell below $116,800. The price fell below the 50% Fib retracement line of the $114,157 swing low to $117,291 high. However, bulls were active at $115,000 and the 61.8% Fib retracement line of the current advance from $114,157 swing low to $117,291 high. Bitcoin is over $116,200 and the 100-hour SMA. On the hourly BTC/USD chart, a positive trend line with support around $115,500 is formed. The $116,950 level represents immediate upward barrier. Near $117,250 is the first major resistance. The next hurdle may be $117,800. A closing over $117,800 barrier might boost prices. The price may soar to $118,500 resistance. More advances might push the price beyond $118,800. Bulls may face $119,250 next. Another BTC Drop? Bitcoin may fall again if it fails to break $117,250. Near $116,200 is immediate support. Near $115,500 or the trend line is the first big support. The next support is at $115,000. More losses might push the price toward $114,500. BTC may go below $112,500, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $115,500 followed by $115,000. Key Resistance Levels: $116,950, $117,250. #FedRateCut25bps #StrategyBTCPurchase #AltcoinSeasonComing? #Writer2Earn $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/18/da1c379eb01c437197c175e9d25562f9.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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