Bitcoin Technical Analysis – September 9, 2025

Bitcoin (BTC/USD) is trading around $111,288, down slightly on the day (−0.72%). Over the past few weeks, the market has been consolidating after failing to break the $120K resistance zone in August. Let’s look at where we stand compared to earlier updates and how the upcoming FED meeting could influence the next move.

Looking Back at Previous Updates

• Mid-August: BTC was trading around $118K, pushing against $120K but unable to break through. We flagged this as the key level that would decide direction.
• August 19–26: BTC fell back to the $113K–$110K range. The $112K support broke briefly, confirming bearish momentum in the short term.
• Now (early September): BTC is stabilizing around $111K–$113K, forming a sideways structure after the sharp correction.

This shows that Bitcoin has moved from bullish momentum to consolidation with a bearish tilt.

Chart Overview

• Resistance:

  • $115K: Short-term resistance.
  • $120K: Major ceiling that remains unbroken.

• Support:

  • $110K: Current key support holding the market together.
  • $108K–$106K: Next strong support zone if $110K fails.

• Volume: The recent drop was accompanied by higher red volume, but the last few sessions show cooling pressure, suggesting the sell-off may be losing steam.

What’s Next?

• Bullish Case: If BTC can hold $110K and regain momentum, a push toward $115K–$118K is possible. Breaking $120K would flip the outlook strongly bullish again, potentially opening $124K+.
• Bearish Case: A daily close below $110K would likely bring $108K–$106K into play, and possibly extend the correction lower.

FED Meeting & Macro Impact

Next week’s FED meeting will be critical. Markets are speculating whether the Fed will finally start cutting interest rates.

• If the Fed cuts rates: This could weaken the USD and push risk assets higher, including Bitcoin. A dovish pivot could be the catalyst BTC needs to attempt another breakout above $115K–$120K.
• If the Fed holds rates high: The pressure on liquidity remains, which could weigh on BTC in the short term and keep it consolidating or even drifting lower.

📊 Outlook: Bitcoin is sitting at a crossroads. $110K is the line in the sand for bulls. The upcoming Fed decision could be the trigger for the next big move — either a rebound toward $120K or a deeper correction below $110K.

Do you think the Fed gives Bitcoin the fuel for a breakout, or will high rates keep BTC stuck in this range?