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In the past 24 hours, the Bitcoin price rose more than 1% to act at $ 115.025 from 3:49 am Est, because more than half a billion dollars returned to find BTC-Behousten (ETFs), in the midst of growing interest optimism.
Spot Bitcoin ETFs in the US registered a total daily net intake of $ 552.7 million, according to Coinglass, because institutional investors turn to BTC in a renewed wave.
Blackrock’s IBIT led the fourth day of successive positive flows with $ 36.2 million, followed by $ 134.7 million in FBTC from Fidelity.
In the meantime, investors are now watching the Federal Open Market Committee Meeting (FOMC) on September 16, with a growing optimism of an interest rate reduction.
𝗝𝗨𝗦𝗧 𝗜𝗡 𝗜𝗡: US CPI is 2.9%, as expected.
Rate reductions are confirmed! pic.twitter.com/iievtdi5ak
– Lark Davis (@TheCryptolark) September 11, 2025
CMEs Fedwatch Tools show a chance of 92.7% of a reduction of 25 basic points, while the chances of a half -point reduction fluctuates around 7.3%.
Optimism comes when the US Consumer Price Index (CPI) data landed On goal, an increase of 2.9% on an annual basis in August, while the CPI core continued from July 0.4%.
With the cooler American inflation data, BTC briefly became a 19-day high point of $ 116,300 before he withdrew to the current price, which shows that sellers remain active in this key resistance.
Bitcoin -Price ready for Golf 5 Rally
The BTC/USD analysis on the daily period shows a strong bullish structure within a well-defined rising channel pattern.
The BTC price Moves higher after bouncing the lower limit of the canal, which coincided with the 200-day simple advancing average (SMA).
The market also seems to follow an Elliott wave sequence, with waves (1), (2), (3) and (4) already completed, and wave (5) possible. This suggests that the market may be able to enter its final impulsive leg to the advantage, which usually completes the cycle before a deeper correction.
The price of Bitcoin has also recovered the 50-day SMA as support, a bullish sign that confirms the power of the short term within the larger upward trend.
WBTC/USD -Graphics analysis (Source: TradingView)
Momentum -Indicators vote for further upside down
The relative strength index (RSI) is currently at 56.92, which is located in neutral territory but somewhat bullish. This indicates that the momentum prefers buyers, but the market is not yet overbought, which can give the price space to rise even higher.
Moreover, the advancing average convergence -divigence (MACD) also shows signs of reinforcement momentum.
The histogram has returned to positive territory, while the blue MacD line crosses the orange signal line, which is a bullish crossover.
Based on the channel structure, Elliott golf projection and bullish indicator lines, the price of Bitcoin is probably in the early stages of Golf (5), which must focus on the upper limit of the channel.
The movement places the next potential resistance zone in the range of $ 124,000. If Bullish Momentum speeds up, BTC can even rise to $ 130,000.
On the other hand, the $ 114,000–115,000 region now serves as immediate support, supported by the 50-day SMA. If this level applies, the bullish scenario remains intact.
A breakdown under the $ 110,000 zone would weaken the structure and possibly re-test the 200-day SMA near $ 102,000.
With all the factors that point to an increase in 2025, data from Glass junction Show that the number of investors that BTC adds to their treasure continues to grow.
In the meantime, X user Ted Pillows believes that if BTC recovers the level of $ 117,000, it is on its way to a new ATH.
$ BTC has completely recovered the level of $ 113,500.
$ 117,200 is the next important level for Bitcoin and it also has a CME gorge.
If BTC gets this level back completely, the doors will open to the new ATH.
In the case of a rejection, BTC could visit monthly lows again. pic.twitter.com/dsfgdfnseeg
– Ted (@tedpillows) September 12, 2025
In addition, $ 4.3 billion in Bitcoin-monthly options proceed today, prefering neutral to weak bets.
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