NewsBTC
Sep 18, 2025
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Bitcoin Price Struggles Against $117,250 Resistance Zone

Bitcoin Price Analysis

  • Bitcoin is experiencing an upward movement, surpassing $116,200.
  • The price remains below the 100 hourly Simple Moving Average at $116,200.
  • A crucial bullish trend line offers support around $115,500 on the BTC/USD hourly chart.
  • To continue its ascent, Bitcoin needs to overcome the $117,250 resistance zone.

Bitcoin Price

Key Resistance and Support Levels

  • Immediate resistance levels are at $116,950 and $117,250. Further resistance could be at $117,800, $118,500, and potentially $118,800.
  • If unable to breach $117,250, Bitcoin may decline, with initial support at $116,200 and $115,500.
  • Further declines might target supports at $115,000, $114,500, and a major support at $112,500.

Technical Indicators

  • The hourly MACD indicates a strengthening bullish trend.
  • The hourly RSI for BTC/USD is above 50, suggesting positive momentum.