📉 Bitcoin Stuck at $110K—Will the Fed Break the Deadlock?🚨
Markets already cut for Sept. 17, but $BTC refuses to move.
Institutions are taking profits, ETF flows are cooling, and liquidity is drying up.
Support: $110K
Resistance Zones: $113.4K → $115.4K → $117.1K
Breakout Target: $120K+ (but needs fresh fuel)
🔍 What’s Holding BTC Back?
- 🧊 ETF Flows Cooling: $1.17B pulled from Bitcoin ETFs last week
- 🏦 Profit-Taking: Institutions locking gains after August’s $124K peak
- 📉 Network Activity Down: Transfer volume dropped 13%
- 🧠 Sentiment Split: 65% of prediction market users expect a dip to $105K
⚠️ Even With a Rate Cut…
Without stronger ETF inflows or liquidity, $120K+ remains tough.
This could be a cooling phase, not a breakout.
💬 Comment “🧊” if you’re waiting for confirmation.
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