Only $6K Away From Breaking Records Again
The post Only $6K Away From Breaking Records Again appeared on BitcoinEthereumNews.com.
Key Insights: Bitcoin sits less than 6% from ATH, with a $6K gap potentially closing in a single session. Key support zones remain at $115.5K and $113K, critical for momentum in current bullish structure. $4.9 trillion options expiration may fuel volatility, echoing past 7–16% Bitcoin swings BTC Nears ATH: Only $6K Away From Breaking Records Again Bitcoin(BTC) was trading at $116,884, leaving it less than 6% below its all-time high near $125,000. According to CryptosRus, “People act like we’re miles off, but $6K can be a single day’s move.” Bitcoin is less than 6% away from ATH. People act like we’re miles off, but $6K can be a single day’s move. With the Fed signaling rate cuts, liquidity is coming back. Momentum just needs a spark—and when it hits, $BTC won’t crawl to #ATH, it’ll rip through it. This stall isn’t… pic.twitter.com/xLR0IDqe0h — CryptosRus (@CryptosR_Us) September 19, 2025 The chart shows Bitcoin consolidating after repeated tests of the $120K area. Since June, the market has formed a series of higher lows, reflecting steady underlying strength. Moving averages also confirm the broader trend, with the 50-day line positioned above the 200-day line. Coiling Below Resistance The current pause in momentum is being described as a coiling phase rather than weakness. Price action has narrowed into a tighter range, often a precursor to sharp breakouts. With the Federal Reserve signaling rate cuts, more liquidity is expected to flow back into markets, which could act as a trigger for further upside. A single strong move could bridge the remaining $6,000 gap in one session. On the other side, $110K and the 200-day moving average remain key support levels if the market turns lower. Short-Term Levels to Watch Market watchers such as Crypto Bully have outlined short-term trade levels. “Acceptance above $116.7K high-volume area…
Filed under: News - @ September 19, 2025 8:27 am