Bitcoin May Hold Above $114K as Analysts Eye $117,500 Resistance Amid ETF Inflows and Falling Exchange Reserves
The post Bitcoin May Hold Above $114K as Analysts Eye $117,500 Resistance Amid ETF Inflows and Falling Exchange Reserves appeared on BitcoinEthereumNews.com.
Bitcoin has reclaimed the $114,000 support level, signaling a likely end to the recent corrective phase and placing $117,500 as the next key resistance; ETF inflows and falling exchange reserves support continued demand and reduced selling pressure. Bitcoin reclaims $114,000 support, reducing downside risk and validating a breakout-retest structure. Critical resistance sits near $117,500; failure there could prompt a pullback toward $113,500. Spot ETF inflows of $2.2B and lowest centralized-exchange reserves since Jan 2023 suggest strong buying pressure. Meta description: Bitcoin $114,000 support reclaimed, ETF inflows and low exchange reserves boost demand—watch $117,500 resistance. Read the full technical update. What does Bitcoin reclaiming $114,000 support mean? Bitcoin reclaiming the $114,000 support level signals technical stabilization and reduces immediate downside risk. The move confirms a breakout-retest pattern and, combined with ETF inflows and falling exchange reserves, indicates renewed demand and lower selling pressure. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); How strong is the $117,500 resistance level? Analysts identify $117,500 as the next critical resistance. If Bitcoin reclaims and holds above $117,500, continuation toward higher targets becomes more likely. Failure to clear this level increases the probability of a corrective pullback toward $113,500. Bitcoin reclaims $114K support as analysts see progress toward ending its corrective phase, with $117,500 resistance now in focus. Bitcoin reclaims $114K support, signaling progress toward ending its corrective phase. Resistance near $117,500 seen as critical,…
Filed under: News - @ September 18, 2025 6:28 am