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Bitcoin Price Forecast: $140K in Sight as Bull Market Peaks Approach
Bitcoin (BTC) traders are bracing for a volatile week as the cryptocurrency approaches a critical resistance level ahead of the U.S. Federal Reserve’s interest-rate decision. BTC/USD is currently trading around $114,918, with a clear hurdle at $117,000 that bulls need to overcome to maintain momentum.
Fed Rate-Cut Speculation Fuels Market Focus
Markets are widely anticipating the Fed’s first rate cut of 2025, expected on Wednesday, with a likely 0.25% reduction. Some models even suggest a potential 0.5% cut. Historically, rate cuts during periods of near all-time-high stock prices are rare, having occurred only three times since 1996. Analysts argue that such a move could create short-term volatility but ultimately support risk assets, including Bitcoin, amid rising inflation and technological growth trends.
BTC Price Action and Market Sentiment
Data from Cointelegraph Markets Pro and TradingView shows Bitcoin repeatedly rejecting the $117,000–$117,200 range, making it a critical level for traders. If BTC fails to reclaim this zone, some analysts suggest a potential dip toward $113,500 or even lower. On-chain data from CoinGlass highlights significant ask liquidity just above $117K, while a large buyer activity on Binance hints at a potential supply squeeze that could bolster bulls.
Institutional Demand Drives Optimism
Institutional interest continues to surge. Last week, U.S. spot Bitcoin ETFs reported net inflows of $2.3 billion, nearly nine times the newly mined BTC supply, according to Bitwise research. On September 10 alone, ETFs added 5,900 BTC, marking the largest single-day inflow since mid-July. Analysts believe this growing institutional demand could push Bitcoin toward new all-time highs in the coming weeks.
Bitcoin Bull Market Could Peak Soon
Predictive models, including the Max Intersect SMA, suggest that the current bull market may be approaching its climax. While estimates vary, some experts project Bitcoin’s next top could reach around $140,000, with historical patterns hinting that a peak may not materialize before October.
As Bitcoin navigates resistance levels and market eyes the Fed, the combination of institutional demand and on-chain buying activity sets the stage for a potentially explosive week in crypto markets.
