{"id":873876,"date":"2025-09-18T01:15:52","date_gmt":"2025-09-18T06:15:52","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/18\/bitcoin-price-prediction-btc-recovers-above-115k-as-116k-resistance-holds\/"},"modified":"2025-09-18T01:15:52","modified_gmt":"2025-09-18T06:15:52","slug":"bitcoin-price-prediction-btc-recovers-above-115k-as-116k-resistance-holds","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/09\/18\/bitcoin-price-prediction-btc-recovers-above-115k-as-116k-resistance-holds\/","title":{"rendered":"Bitcoin price prediction: BTC recovers above $115k as $116k resistance holds"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-site=\"CoinJournal\">\n<div data-site=\"CoinJournal\">\n<picture><source  type=\"image\/webp\" media=\"(min-width: 750px)\"><source  type=\"image\/webp\"><source  type=\"image\/jpeg\" media=\"(min-width: 750px)\"><source  type=\"image\/jpeg\"><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/20250913_1527_Bitcoins-Bullish-Surge_simple_compose_01k5182z20ew6avgrgzxwdgww91.png\" alt=\"bitcoins Bitcoin price prediction\" width=\"100%\" height=\"100%\">\n<\/picture>                            <\/div>\n<p><span>Key takeaways<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><span>BTC targets the $120k resistance ahead of FOMC.<\/span><\/li>\n<li aria-level=\"1\"><span>The $116k resistance presents a hurdle to traders despite bullish price action.\u00a0<\/span><\/li>\n<\/ul>\n<h2>Bitcoins BTC is still trading below the $116k resistance<\/h2>\n<p>The crypto market<span> opened the new week bearish but is now on its path to recovery as Bitcoin and other major cryptocurrencies are recording gains. Bitcoin dropped to the $114k level on Monday, with altcoins recording bigger losses.<\/span><\/p>\n<p><span>However, BTC has slightly recovered and is now trading above $115k, with the $116k resistance still in play. The stagnated price action comes ahead of a crucial FOMC meeting tomorrow.<\/span><\/p>\n<p><span>Analysts are expecting a rate cut of at least 25 basis points, with some predicting a 50 basis point cut. Polymarket odds of this cut have jumped to over 90%, while the CME Fed Monitor tool has the probability at 95%. A Fed rate cut will favour cryptocurrencies such as Bitcoin, with the leading cryptocurrency likely to target its all-time high price once again.<\/span><\/p>\n<h2>Bitcoins BTC eyes $120k ahead of FOMC<\/h2>\n<p><span>The BTC\/USD 4-hour chart remains bullish and efficient despite Monday\u2019s dip. The technical indicators have improved over the last few hours, with all eyes now on tomorrow\u2019s expected Fed rate cut.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/09\/BTCUSD_2025-09-16_10-47-48.png\" alt=\"bitcoins BTC\/USD4H Chart\" width=\"1814\" height=\"878\"><\/p>\n<p><span>The RSI of 55 shows that buyers are still in control, with the MACD lines also within the bullish territory. If the $116k resistance level is surpassed, BTC could quickly rally towards the $120k psychological level over the next few hours or days. An extended bullish run would allow it to target the all-time high price above $125k.<\/span><\/p>\n<p><span>However, failure to surpass the $116k resistance level could see BTC face further correction to the downside. This could see the cryptocurrency retest the TLQ and support level at $113,479. This support level will likely hold as the next support level is around $110.<\/span><\/p>\n<div>\n<hr>\n<h6>Share this article<\/h6>\n<hr>\n<h6>Categories<\/h6>\n<hr>\n<h6>Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p> Hassan Maishera <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-price-prediction-btc-recovers-above-115k-as-116k-resistance-holds\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways BTC targets the $120k resistance ahead of FOMC. The $116k resistance presents a hurdle to traders despite bullish price action.\u00a0 BTC is still trading below the $116k resistance The crypto market opened the new week bearish but is now on its path to recovery as Bitcoin and other major cryptocurrencies are recording gains.<\/p>\n","protected":false},"author":1,"featured_media":873877,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,4759],"tags":[11476],"class_list":["post-873876","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-price","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/873876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=873876"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/873876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/873877"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=873876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=873876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=873876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}