$BTC
🟠 Bitcoin: $118K — ticket to new ATH
BTC is once again playing on the nerves of traders. After the FOMC rate cut of 0.25%, the market sharply jerked: first a drop below $115K, then a rapid rebound. In one day, over $100M in long and short positions were liquidated.
📊 The key battle zone is — $118K.
🗣 Michaël van de Poppe:
"If we break through — the road to ATH is open."
🗣 Daan Crypto Trades:
"$118K — high-volume node, the main trading volume is concentrated here."
⚡ In fact, $118K is the same wall that held the market in August during Powell's speech. If the level is broken, the scenario is clear: quick testing of ATH and explosive acceleration of altcoins.
But for now, the exchange order books are drawing a corridor of $116.5K–$119K: liquidity is growing on both sides, and the market is squeezed in a fork.
👉 Question: Will $118K be a springboard to a new ATH or a new trap for bulls?
#Bitcoin #BTC #Crypto #ATH #FOMC
