Key factors:
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Bitcoin breaks via its volume-weighted common value (VWAP), echoing the rebound from April’s sub-$75,000 lows.
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Stocks see contemporary all-time highs as markets digest the Fed price lower.
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Liquidity means that volatility is incoming as BTC value targets $118,000.
Bitcoin (BTC) eyed $118,000 at Thursday’s Wall Street open as shares hit new all-time highs.
Bitcoin breakout units the stage for brand spanking new all-time highs
Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD consolidating every day positive factors above key resistance.
The first US buying and selling session after the Federal Reserve enacted its first interest-rate lower of 2025 noticed each the S&P 500 and Nasdaq Composite Index hit contemporary information.
Reacting, buying and selling useful resource The Kobeissi Letter noticed the risk-asset uptrend persevering with into subsequent 12 months.
“2025 now marks the third 12 months since 1996 the place price cuts have occurred with the S&P 500 at file highs. The earlier 2 years? 2019 and 2024,” it noticed in a part of its newest evaluation on X.
“When the Fed cuts charges inside 2% of all time highs, the S&P 500 has risen a median of +14% in 12 months.”
Gold noticed additional volatility after beating all-time highs of its personal the day prior, with $3,700 the extent in focus.
Bitcoin bulls in the meantime tried to cement $117,000 as assist whereas staring down the ultimate block of resistance earlier than value discovery.
$BTC – #Bitcoin is trying actually attention-grabbing proper now.
It’s making an attempt to reclaim the ~$117K stage.
Once we acquire this stage the way in which to $120K is open in my view.
However: Last time we rejected this stage and got here all the way in which again to the sunshine blue zone. pic.twitter.com/zHxQzst0V4
— Crypto Caesar (@CryptoCaesarTA) September 18, 2025
Caleb Franzen, creator of monetary analysis useful resource Cubic Analytics, noticed BTC/USD repeating a bullish sample from May.
Then, as now, value broke above its volume-weighted common (VWAP) as measured from its newest all-time excessive.
“It’s virtually like good issues have occurred since Bitcoin broke above its anchored volume-weighted common value from the ATHs,” he summarized on X alongside an explanatory chart.
Warning over BTC value “exit pump”
A phrase of warning got here from alternate order-book evaluation.
Related: Bitcoin value positive factors 8% as September 2025 on observe for greatest in 13 years
Trading useful resource Material Indicators was amongst these warning that liquidity was constructing round value, doubtlessly opening the door for risky strikes.
“While I really feel just like the macro is solidly bullish and the highest is not in but, this at present feels extra like a brief time period exit pump, than accumulation. Time will inform,” a part of accompanying commentary said.
Earlier, Cointelegraph reported on thickening order-book liquidity, with $116,500 and $119,000 the degrees to observe.
This article doesn’t include funding recommendation or suggestions. Every funding and buying and selling transfer includes danger, and readers ought to conduct their very own analysis when making a choice.
