Sep 18, 2025
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Bitcoin Eyes Promising Q4 as It Nears Multi-Month Bullish Run
As the crypto market remains stable, Bitcoin attempts to reclaim its local range highs following recent volatility due to a Federal Reserve rate cut.
Bitcoin Nears Multi-Month Bullish Run
- Bitcoin recently retested $117,000 resistance but was rejected, maintaining its position between $107,000-$116,000 since late August.
- Historically, September has been a weak month for BTC, with an average return of -2.99%, but recent years have shown positive returns.
- This September, BTC has shown a positive return of 6.35%, its second-best performance for the month.
- If Bitcoin's positive trend continues, Q4 could be favorable.
BTC Retests Key Area Amid Volatility
- Bitcoin has closed above $114,000 and is currently retesting this level as support.
- A failure to hold this level could hinder BTC's potential uptrend.
- The Federal Reserve's recent 25 basis point rate cut to 4.00%-4.25% is expected to cause short-term volatility in BTC prices.
- After the Fed announcement, BTC stabilized around $115,500.
