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Bitcoin sees a slight uptick as markets await the interest rate decision

Technical Analysis
By Ahmed Ashraf
Bitcoin sees a slight uptick as markets await the interest rate decision
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BTCUSD

بيتكوين 17-9-2025

Bitcoin is trading below the $117,250 resistance level, and if it breaks above this level, the next target could be the $110,000 area. However, it is more likely that the aforementioned resistance level will limit the pace of the upward movement in today’s trading.

Support

 114000 110000 –
Resistance 117250 118750

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Bitcoin posted a positive performance in today’s trading, continuing its climb to trade near $116,800 after consecutive gains this week. The current move reflects a mix of market anticipation for the Federal Reserve’s interest rate cut and support from improved risk appetite. However, U.S. inflation and broader macroeconomic data remain potential headwinds that could limit the pace of gains in the short term, while the currency’s ability to sustain its trend will depend on the clarity of the Fed’s monetary policy path in the coming period.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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