Bitcoin knew $ 116k resistance prior to the Fed Rate decision

The Bitcoin price rose by more than 1% in the last 24 hours to act at $ 116,942 from 3:36 am EST, so that the key resistance was called at $ 116k for a crucial decision of the FED rate later today.

XRP, BNB and Cardano (ADA) led winnings among the largest altcoins with an increase in 1.5%, 3%and 2.2%respectively.

Myx Finance (MyX) rose 44%, Sky (Sky) rose by 10%and the story (IP) rose by 9%, according to Mint market cap facts.

Pump.Fun (pump), Ethena (ENA) and World Liberty Financial (WLFI) led the best losers in the market, whereby 5%, 2.2%and 1.7%respectively fell.

Bitcoin -price rises before the Fed Rate decision

The Bitcoin price shows some positive trend movements, while traders are preparing for the rate decision of the Federal Reserve today, whereby a reduction of 25 basic points is generally expected.

Nutrition speeds traditionally indicate a rally in crypto markets, because lower yields on assets such as bonds are steering investors to riskier assets such as crypto.

“When the Fed lowers the rates within 2% of all time, the S&P 500 is usually fond of it,” said the Kobeissi letter. While the results were immediately mixed, “this happened in 20 of the last 20 times, the S&P 500 1 years later ended higher.”

When the Fed lowers the rates within 2% of all high tones, the S&P 500 is usually fond of it.

This happened in 20 of the last 20 times, the S&P 500 1 year later ended higher.

The S&P 500 has risen on average +13.9% for the next 12 months, according to Carson Research. pic.twitter.com/js4qldld5s

– De Kobeissi -Letter (@kobeissiletter) September 13, 2025

BTC rounded bottom signals potentially upside down

On the BTC/USD 12-hour graph, BTC price Action has formed a rounded soil pattern, a formation that indicates a shift from bearish to bullish sentiment.

After finding support around $ 107,500, the market is gradually curved higher, so that both the 50-day and 200 days of simple advanced averages reclaim almost $ 112,300 and $ 112,700. This recovery shows the growing power, in which buyers steadily recover control.

The technical indicators are tailored to these prospects. The relative strength index (RSI) is currently at 64, which suggests a strong bullish momentum without being overloaded.

In the meantime, the advancing average convergence -Divergency (MACD) is showing a bullish crossover, with the blue MacD line above the orange signal line and positive histogram staves, a clear sign of increasingly upward momentum.

If the rounded soil plays completely, the price of Bitcoin has room to push to the $ 124,200 resistance zone, which represents about 6% of the current levels. A successful outbreak above this barrier would confirm the bullish reversal.

Altcoin season is approaching as XRP, BNB and Ada Rise

According to the Coinmarketcap Altcoin Season IndexThe Altcoin season is at 69, still shortage of the 75 -level need to confirm a new Altcoin season.

X user Alex Mason noted that the Altcoin season starts historically in September.

Altcoin season starts historically in September.

With an upcoming reduction in the FED rate, the crypto market will explode.

An investment of $ 1,000 today will be $ 100,000 next month.

Here is a list of altcoins in the battery phase with 100x potential 🧵 pic.twitter.com/pngiy2ysi6

– Alex Mason 👁△ (@alixmasoncrypto) September 15, 2025

The XRP -price has recently shown strength, rose by 2% last week and overcome the resistance level of $ 3 to currently act at $ 3.02.

The prospects were stimulated when Rex-Esprey announced These are XRP ETF (Exchange-Traded Fund) is being launched this week.

In the meantime, BNB rose to a new $ 962 ATH, because it was closed at the level of $ 1,000 before it withdrew to the current price for $ 955.64. That was when Bloomberg reported that the US Department of Justice (DOJ) is considering dropping a requirement of compliance monitoring that was imposed in 2023 as part of a settlement of $ 4.3 billion.

The Binance Muntprijs continues its climb in a well-defined rising channel pattern, which now testing resistance near $ 960.

The price of BNB remains strong over both the 50-day ($ 879) and 200 days ($ 766) SMAs, which reflects a strong bullish control. The RSI at 75 signals, however, indicates overboughtonities, which increases the chance of exhaustion in the short term.

If sellers withdraw, a retracement to $ 900 or Fibonacci can support around $ 852 and $ 819. However, persistent strength above $ 960 can extend the rally to prices above $ 1,000.

Cardano (there) Acts at $ 0.8824, with a market capitalization of almost $ 32 billion and 24-hour volume above $ 1.5 billion. Token has risen on an annual basis of 162%, which demonstrates strong confidence of investors.

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