BTC at $115K: Key Resistance Battle - Bullish Breakout Ahead?
Bitcoin's grinding higher in September 2025, defying the infamous "Red September" curse with an 8% monthly gain so far - the best since 2012! Trading at ~$115,772 amid low volatility (down from 80% drawdowns in past cycles), BTC's coiled for a potential explosion.
Quick TA Breakdown:
- Price Action: 4H candles show rejection at $117K (MA25 resistance) after a wick to $116.9K high. But we're above all key MAs (7: $115.7K, 99: $114K), with volume steady at 7.5K BTC/24h - no panic selling.
- Support/Resistance: Hold $115.8K-$115.9K for bulls; break $116.4K targets $120K by month-end. Deeper support at $114.3K, with historical dips to $110K eyed as buy zones.
- Macro Tailwinds: ETF inflows + Fed rate cut odds fueling optimism; Tom Lee eyes $120K this month, $200K EOY. Fear & Greed at 48 (neutral) screams accumulation.
Outlook: Mild 0.97% dip today? Healthy cooldown. Sustained above $116K = green to $125K+ Q4. Risk: Sub-$115K tests $110K floor, but 20% corrections are BTC's norm - prime dip-buying. Long-term? $125K-$200K by 2025 close on institutional bets.
Stay vigilant, HODLers - this resistance is the last hurdle before ATH glory! What's your target?
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