Bitcoin (BTC) Price Prediction For September 17
- Bitcoin price today trades near $115,930, testing resistance at $116K–$118K ahead of the Fed rate cut.
- Analysts warn of a potential dip toward $104K or even $92K before a larger rebound later in the cycle.
- On-chain data shows $50M in outflows, signaling caution as futures open interest remains subdued.
Bitcoin price today is trading near $115,930, holding steady after a strong rebound from the $111,000 zone. The market now faces a pivotal test, with resistance clustering between $116,000 and $118,000 while traders brace for the Federal Reserve’s rate cut decision in two days.
Bitcoin Price Holds Fib Support But Meets Resistance
On the daily chart, Bitcoin has retraced toward the 0.618 Fibonacci level at $115,429, defending this area repeatedly over the past week. The 20-day EMA at $113,645 and the 50-day EMA at $113,…
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Bitcoin (BTC) Price Prediction For September 17
- Bitcoin price today trades near $115,930, testing resistance at $116K–$118K ahead of the Fed rate cut.
- Analysts warn of a potential dip toward $104K or even $92K before a larger rebound later in the cycle.
- On-chain data shows $50M in outflows, signaling caution as futures open interest remains subdued.
Bitcoin price today is trading near $115,930, holding steady after a strong rebound from the $111,000 zone. The market now faces a pivotal test, with resistance clustering between $116,000 and $118,000 while traders brace for the Federal Reserve’s rate cut decision in two days.
Bitcoin Price Holds Fib Support But Meets Resistance
On the daily chart, Bitcoin has retraced toward the 0.618 Fibonacci level at $115,429, defending this area repeatedly over the past week. The 20-day EMA at $113,645 and the 50-day EMA at $113,…
Read The Full Article Bitcoin (BTC) Price Prediction For September 17 On Coin Edition.
Read More