By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Notification
yourcryptonewstoday yourcryptonewstoday
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
Reading: Will BTC Break $118K Resistance or Face a Correction?
Share
bitcoin
Bitcoin (BTC) $ 79,982.00
ethereum
Ethereum (ETH) $ 2,496.32
tether
Tether (USDT) $ 0.999987
bnb
BNB (BNB) $ 709.31
usd-coin
USDC (USDC) $ 0.999971
xrp
XRP (XRP) $ 1.44
binance-usd
BUSD (BUSD) $ 0.998882
dogecoin
Dogecoin (DOGE) $ 0.088321
cardano
Cardano (ADA) $ 0.213146
solana
Solana (SOL) $ 107.59
polkadot
Polkadot (DOT) $ 0.879797
tron
TRON (TRX) $ 0.337329
Your Crypto News TodayYour Crypto News Today
  • Home
  • News
  • MarketCap
  • Altcoins
  • Crypto
  • Blockchain
  • Market
  • Mining
  • Exchange
  • Analysis
Search
  • Home
  • News
    • Crypto Bubbles
    • Regulations
    • Metaverse
  • MarketCap
  • Altcoins
    • Solana
  • Crypto
    • Bitcoin
    • Ethereum
    • Cardano
  • Blockchain
  • Market
    • Nft
  • Mining
  • Exchange
  • Analysis
    • Evaluation
    • Multi Currency
© 2024 All Rights reserved | Protected by Your Cryptonews Today
Your Crypto News Today > News > Crypto > Bitcoin > Will BTC Break $118K Resistance or Face a Correction?
Bitcoin

Will BTC Break $118K Resistance or Face a Correction?

September 23, 2025 5 Min Read
Share
image

Table of Contents

Toggle
  • Bitcoin
    • Bull Verdict:
    • Bear Verdict:

Bitcoin traded at $116,393 on Sept. 19, 2025, inserting its market cap at $2.31 trillion with a 24-hour buying and selling quantity of $36.67 billion. The cryptocurrency’s intraday vary spanned from $116,349 to $117,888, reflecting a decent consolidation close to key resistance.

Bitcoin

On the each day chart, bitcoin has been in a confirmed uptrend since early September, having bounced strongly from the $107,270 assist stage, the place it fashioned a double-bottom construction. Since then, worth motion has steadily climbed, albeit now stalling simply beneath a major resistance zone at $119,336.

The uptrend stays intact, however the present consolidation close to the $117,000–$118,000 vary signifies indecision. Quantity has modestly elevated throughout upward pushes, though the newest candles recommend warning as worth approaches overhead resistance. Key purchase zones lie between $113,500 and $114,500, with an optimum take-profit stage between $118,000 and $119,500, and a stop-loss positioned below $111,000.

BTC/USD 1-day chart through Bitstamp on Sept. 19, 2025.

On the 4-hour chart, bitcoin just lately peaked at $117,968 earlier than declining, forming a number of bearish candles with diminishing momentum. This shift was accompanied by a notable spike in purple quantity, hinting at doable short-term distribution. Regardless of this, the broader construction stays supportive, with sturdy prior assist noticed round $114,421. The asset is more likely to retest the $115,000–$115,500 space earlier than resuming its broader development. Merchants watching this zone for a bullish reversal candle might discover a favorable risk-reward situation, concentrating on $117,500–$118,000 on the upside with a protecting stop-loss set at $114,000.

BTC/USD 4-hour chart through Bitstamp on Sept. 19, 2025.

The 1-hour bitcoin chart reveals a transparent short-term downtrend, characterised by a collection of decrease highs and decrease lows following the $117,968 high. Latest worth motion touched $116,369, brushing in opposition to minor assist. This motion seems corrective inside the context of a broader bullish construction seen on larger timeframes. Quantity is incrementally rising on the promote aspect, additional confirming a retracement section. Until a robust bullish candle materializes close to the $116,000 stage, rapid lengthy entries are discouraged. A good entry between $116,000–$116,300 could also be thought-about if upward momentum returns, with a recommended exit round $117,000–$117,500 and a stop-loss under $115,700.

BTC/USD 1-hour chart through Bitstamp on Sept. 19, 2025.

Amongst key technical indicators, oscillators paint a blended image. The relative power index (RSI) stands at 58, reflecting impartial momentum. The Stochastic is in overbought territory at 87, signaling a possible sell-off. In the meantime, the commodity channel index (CCI) at 95 and the common directional index (ADX) at 19 each point out a non-committal stance, whereas the superior oscillator reads 3,185 with a impartial bias. Notably, momentum (10) is flashing a bearish sign at 4,930, whereas the shifting common convergence divergence (MACD) at 961 stays bullish.

Shifting averages (MAs) provide extra definitive directional steerage, with all main short- and long-term averages suggesting bullish momentum. The exponential shifting common (EMA) and easy shifting common (SMA) for 10, 20, 30, 50, 100, and 200 durations all align under the present worth, indicating sturdy underlying development assist. The EMA (10) is at $115,575, and the SMA (10) is at $115,924, each signaling bullish circumstances. Longer-term shifting averages such because the EMA (200) at $105,738 and the SMA (200) at $103,240 reinforce the constructive outlook.

Total, whereas bitcoin stays technically sturdy on the each day timeframe, merchants should stay cautious amid indicators of short-term fatigue. Superb entries now rely on decrease timeframe assist confirmations, significantly close to the $115,000–$116,000 vary. A breakout above $118,000, backed by quantity, would invalidate the consolidation thesis and reintroduce momentum to check new highs.

Bull Verdict:

Bitcoin maintains a structurally bullish posture, with constant assist from all main shifting averages and a well-established uptrend on the each day chart. Ought to worth maintain above the $115,000–$116,000 assist zone and break above $118,000 with quantity affirmation, a continuation towards $120,000 and past seems probably within the close to time period.

Bear Verdict:

Regardless of a robust each day development, bitcoin faces rapid resistance strain and weakening momentum on decrease timeframes. Failure to reclaim $117,500 convincingly, coupled with a breakdown under $115,000, might provoke a deeper retracement towards the $113,000 vary, undermining the current rally.

You Might Also Like

UAE Bitcoin Mining Giant Makes Bold Move Into The US Market

Bitcoin Reclaims $105,000 as Strait of Hormuz Crisis Fuels Oil Shock, Inflation Fears

Sovereign Bitcoin adoption would be the ultimate upside catalyst: Jeff Park

As Bitcoin and Altcoins Fall, Legendary Analyst il Capo Shares His Latest Hot Takes

Bitcoin Soared—But Mainstream News Was Missing In Action, Study Reveals

TAGGED:BitcoinBitcoin News
Share This Article
Facebook Twitter Copy Link
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular News

image
Blockchain networks pivot to specialist use cases to lead 2026 growth
Are NFTs Making a Return to Auction Houses?
Are NFTs Making a Return to Auction Houses?
Bitcoin miners' profits decline for the fourth consecutive month
Bitcoin miners’ profits decline for the fourth consecutive month
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
German tradFi giants confirm trial to mine Bitcoin with surplus energy to stabilize grid
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Not a Threat to US Dollar, Donald Trump Asserts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts
Bitcoin Mining Costs Soar as Miners Expect Long-Term Price Boosts

You Might Also Like

image
Bitcoin

What Bitcoin’s Weekend Dip Means for the Crypto Bulls

August 28, 2025
Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund
Bitcoin

Luxembourg sets precedent with first eurozone Bitcoin allocation in national fund

October 10, 2025
image
Bitcoin

Bitcoin eyes $135k as daily structure holds strong above $119k support

August 12, 2025
Oluwapelumi Adejumo
Bitcoin

Bitcoin’s drop toward $72,000 shows how US-Iran tensions are again hitting ETFs, leverage, and flows

May 28, 2026
yourcryptonewstoday yourcryptonewstoday
yourcryptonewstoday yourcryptonewstoday

"In the fast-paced world of digital finance, staying informed is essential, and we’re here to help you navigate the evolving landscape of crypto currencies, blockchain, & digital assets."

Editor Choice

HBAR rises 300% in a year, does it have to do with Ripple/XRP?
Bitcoin Traders Monitor Key Technical Levels Including $100,000
Crypto breaks $3 trillion as bond vigilantes tame tariff fears

Subscribe

* indicates required
/* real people should not fill this in and expect good things - do not remove this or risk form bot signups */

Intuit Mailchimp

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Linkedin Facebook
  • About Us
  • Contact Us
  • Disclaimer
  • Terms of Service
  • Privacy Policy
Reading: Will BTC Break $118K Resistance or Face a Correction?
Share
Follow US
© 2025 All Rights reserved | Protected by Your Crypto News Today
Welcome Back!

Sign in to your account

Lost your password?