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Bitcoin Bulls Must Reclaim this Key Level to Make a New Run for $125K

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Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle
Bitcoin and Solana Will Hit Parabolic Levels if Their Cup-and-Handle

Important points

  • The Bitcoin bulls have been busy flipping the key support levels back into resistance; will they be able to break $118,000 in the next few days?

  • If the Fed’s reaction trend continues, we could see new all-time records.

  • The exchange traders have already brought in large amounts of liquidity to either side of the price.

BitcoinBTCOn Thursday, the Federal Reserve’s interest rate cut was a boost to crypto markets.

BTC/USD one-hour chart. Source: Cointelegraph/TradingView

Here are the next Bitcoin prices, according to traders

The Data of Cointelegraph Markets Pro You can also find out more about the following: TradingView BTC/USD gained up to 1,3% following the close of each day.

The US Federal Reserve announces its new interest rate and volatility increases. first rate cut of 2025The market expected a 0.25% increase.

Bitcoin recovered after a short dip under $115,000 and liquidated both long-term positions as well as short-term ones to the tune over $100,000,000 in 24 hours.

There was a lot of optimism among traders that the bulls were going to continue their upward trend and challenge previous highs.

“The more important part; will $BTC break through this crucial resistance zone?” crypto trader, analyst and entrepreneur MichaĂ«l van de Poppe queried In a comment on X.

A chart shown the bulls next fight at $118,000. 

“All I’m sure about is that, once Bitcoin stabilizes, we’ll start to see big breakouts on Altcoins occur,” “He added.”

BTC/USDT One-day Chart with RSI Volume Data. Source: Michaël van de Poppe/X

Popular trader Daan Crypto Trades agreed On the importance of $118,000 as a mark. The significance of the $118,000 mark. dovish comments Fed chair Jerome Powell stated at the Jackson Hole conference in August that the price of BTC had reached a new local high as it grew.

“$BTC The $118K level is important as it is the high volume node within this range. Meaning most volume traded at this price level,” He noted X.

This post concludes that BTC/USD will be a volatile currency. “quickly visit” If $118,000 is flipped to support, it will be at its highest ever.

BTC/USDT one-day contract with volume data. Source: Daan Crypto Trades/X

BTC prices wedged to increase liquidity

Looking at the order books of exchanges, it was evident that liquidity had increased on both sides of the market price for Thursday.

Related: Bitcoin price gains 8% as September 2025 on track for best in 13 years

After the Fed’s initial shake-out traders came back to place up “guardrails,” Keep the price of each item pinned in between. 

The Data of CoinGlass The key level to be on the lookout for is between $116.500 and $119,000

BTC liquidation heatmap (screenshot). Source: CoinGlass

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.