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Bitcoin Keeps Climbing 🚀 – Hours Away From a Major Breakout

koinmilyoner

Updated at: 2 hours ago

{"content":"Bitcoin Keeps Climbing 🚀 – Hours Away From a Major Breakout? Bitcoin price is rising beyond $116,650. BTC may continue advances if it breaks $118,000 barrier. Bitcoin rose beyond $116,500 again. The price is below $116,500 and the 100-hour SMA. On the hourly BTC/USD chart, a positive trend line with support around $115,800 is formed. If it breaks $117,850, the pair may rise again. Bitcoin Price Expects Growth Bitcoin price rose over $116,000 again. BTC broke $116,200 and $116,500 barriers. Bulls drove price over $117,500. A negative decline began once the price reached $117,920. Price fell below $117,200. The price dropped below the 50% Fib retracement level of the $115,247 swing low to $117,920 high. But bulls were aggressive at $116,750. Bitcoin is over $116,500 and the 100-hour SMA. On the hourly BTC/USD chart, a positive trend line with support around $115,800 is formed. Near $117,500 is immediate upward resistance. Near $117,850 is the first major resistance. Possible next resistance: $118,000. A closing above $118,000 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 $117,850. Near $116,550 is immediate support. Initial support is approaching $115,800, the trend line and 76.4% Fib retracement level of the upward run from $115,247 swing low to $117,920 high. Around $115,250 is the next support. More losses might push the price toward $114,500. BTC may go below $112,500, the primary support. The technical indications Hourly MACD | MACD is falling in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $116,550, $115,800. Major Resistance Levels: $117,850, $118,000. #FedRateCut25bps #AltcoinSeasonComing? #BitcoinETFMajorInflows #StrategyBTCPurchase #Write2Earn $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/19/44266e54fb7c46c2989dc73623328fdc.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}

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