Bitcoin Breaks Through Its VWAP Price in Repeat of May Rebound
The post Bitcoin Breaks Through Its VWAP Price in Repeat of May Rebound appeared on BitcoinEthereumNews.com.
Key points: Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows. Stocks see fresh all-time highs as markets digest the Fed rate cut. Liquidity suggests that volatility is incoming as BTC price targets $118,000. Bitcoin (BTC) eyed $118,000 at Thursday’s Wall Street open as stocks hit new all-time highs. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin breakout sets stage for new all-time highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating daily gains above key resistance. The first US trading session after the Federal Reserve enacted its first interest-rate cut of 2025 saw both the S&P 500 and Nasdaq Composite Index hit fresh records. BTC/USD vs S&P 500 one-day chart. Source: Cointelegraph/TradingView Reacting, trading resource The Kobeissi Letter saw the risk-asset uptrend continuing into next year. “2025 now marks the 3rd year since 1996 where rate cuts have happened with the S&P 500 at record highs. The previous 2 years? 2019 and 2024,” it observed in part of its latest analysis on X. “When the Fed cuts rates within 2% of all time highs, the S&P 500 has risen an average of +14% in 12 months.” XAU/USD one-hour chart. Source: Cointelegraph/TradingView Gold saw further volatility after beating all-time highs of its own the day prior, with $3,700 the level in focus. Bitcoin bulls, meanwhile, attempted to cement $117,000 as support while staring down the final block of resistance before price discovery. $BTC – #Bitcoin is looking really interesting right now. It’s trying to reclaim the ~$117K level. Once we gain this level the way to $120K is open in my opinion. However: Last time we rejected this level and came all the way back to the light blue zone. pic.twitter.com/zHxQzst0V4 — Crypto Caesar (@CryptoCaesarTA) September 18, 2025 Caleb Franzen, creator of financial research…
Filed under: News - @ September 19, 2025 9:29 am