Key factors:
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Bitcoin fails to shut above $117,200, opening the door to help retests.
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An enormous $4.9 trillion choices expiry occasion provides additional friction for Bitcoin bulls on Friday.
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Order-book liquidity reveals bids massing at $110,000 and above, making a “magnet” for value.
Bitcoin (BTC) missed a key each day shut into Friday as merchants anticipated short-term BTC value losses.
Bitcoin provides headwinds after each day shut miss
Data from Cointelegraph Markets Pro and TradingView confirmed that BTC/USD narrowly prevented a each day shut above $117,200.
This had been one of many key strains within the sand on brief timeframes — a reclaim would permit value to revisit $120,000, evaluation mentioned.
Bitcoin is on the cusp of printing a Daily Close contained in the Range to kickstart the reclaim course of
Bitcoin is one Daily Close above ~$117.2k away from making ready for a revisit of ~$120k+$BTC #Crypto #Bitcoin https://t.co/AMROY2kutn pic.twitter.com/EFi4CJTpOB
— Rekt Capital (@rektcapital) September 18, 2025
“Once we acquire this stage the way in which to $120K is open in my view,” in style dealer Crypto Caesar wrote Thursday in a part of an X publish on the subject alongside an explanatory chart.
“However: Last time we rejected this stage and got here all the way in which again to the sunshine blue zone.”
Crypto investor and entrepreneur Ted Pillows predicted downward BTC value strain persevering with by means of the week’s choices expiry occasion.
“$BTC did not reclaim the $117,200 stage once more. Today, $4.9 trillion in US inventory futures and choices will expire,” he informed X followers.
“Historically, this has resulted in draw back volatility and consolidation within the inventory market. And as a result of the crypto market follows US shares, volatility will shift into Bitcoin and alts too. Be ready.”
Trader bids create $113,000 BTC value “magnet”
Other arguments in favor of decrease ranges centered on alternate order-book liquidity.
Related: Bitcoin value $150K goal comes as analyst sees weeks to all-time highs
Updating X followers, buying and selling useful resource TheKingfisher famous that almost all liquidity now lies under the worth. The space between $110,000 and $113,000 was of explicit curiosity.
Here’s the deal, most merchants are nonetheless guessing. But take a look at this Kingfisher heatmap for $BTC.
See these dense zones round 110k and 113k? Those are lengthy liq zones. Price is magnets to those ranges, flushing out overleveraged positions.
Above present value, there are skinny,… pic.twitter.com/JDYSeUFDbg
— TheKingfisher (@kingfisher_btc) September 19, 2025
Onchain analytics platform Glassnode agreed, noting shifts in order-book composition after Wednesday’s Federal Reserve assembly.
There, the Federal Open Market Committee (FOMC) lowered rates of interest for the primary time in 2025, resulting in new all-time highs for each gold and US inventory markets.
“Post FOMC, we will see that $BTC shorts at 117k have been taken out, and lengthy liquidations are showing at 112.7k,” Glassnode summarized.
This article doesn’t include funding recommendation or suggestions. Every funding and buying and selling transfer entails danger, and readers ought to conduct their very own analysis when making a call.
