Bitcoin Consolidates Above $115K As Market Eyes Fed’s Sept 17 Policy Move

Bitcoin has gained 7% since the start of September, showing renewed strength after weeks of uneven price action. Yet, the market is bracing for heightened volatility in the coming days as attention shifts to this Wednesday’s Federal Reserve ￰0￱ widely expect a rate cut, but the size of the move remains the key question shaping ￰1￱ Reading: Three Whales Buy $205M Ethereum From FalconX: Institutional Flows Accelerate If the Fed opts for a 25 basis point cut, many analysts see it as a measured and healthy pivot that could support risk assets, including Bitcoin, without sparking fears of deeper economic ￰2￱ a move would likely reinforce confidence in a controlled transition toward easier monetary ￰3￱ the other hand, a 50 basis point cut could send a very different ￰4￱ it may initially provide liquidity relief, markets could interpret it as a sign of serious underlying fragility in the ￰5￱ scenario risks triggering panic, especially if investors fear the Fed is reacting to problems worse than ￰6￱ Holds Key Levels Ahead Of Fed’s Decision According to top analyst Axel Adler, Bitcoin is showing signs of resilience as it trades at the upper boundary of its channel near $116,400, supported by a sustained bullish momentum score of ￰7￱ score, which reflects the balance of market forces, suggests that despite recent volatility, Bitcoin’s structural strength remains ￰8￱ notes that the market is heavily driven by expectations of a rate cut, which has injected confidence into risk ￰9￱ timing of this setup could not be more critical, with the Federal Reserve set to announce its interest rate decision on September 17, 2025, at 2:00 PM Eastern Time.

Interestingly, while Bitcoin has held its ground at key resistance levels, altcoins have started to show strength independently for the first time in ￰10￱ decoupling suggests that capital rotation is taking place, with investors diversifying beyond ￰11￱ liquidity expands, this dynamic could mark the start of a new market phase, where both Bitcoin and altcoins drive momentum instead of BTC ￰12￱ Reading: Bitcoin Crawls Up On Weak Supply: 30D Momentum Reveals It Lacks Real Demand Testing Key Resistance Levels Bitcoin is currently trading around $114,938, showing consolidation just below the $116,000 resistance ￰13￱ chart highlights a notable rebound from early September lows near $110,000, with BTC climbing steadily back into its ￰14￱ is now attempting to hold gains above the 50-day moving average (blue line) and is hovering around the 100-day (green line) and 200-day (red line) moving averages, which are converging and creating a dense resistance ￰15￱ setup reflects a tense balance between bulls and ￰16￱ have managed to protect $110,000 and push BTC higher, signaling renewed ￰17￱ the other hand, BTC has repeatedly failed to establish momentum above $116,000, a level that must be cleared decisively to target the major resistance near $123,217, marked on the chart as the next critical upside ￰18￱ Reading: Dormant Bitcoin Waking Up: Over 600K BTC Moved Onchain In Weeks The current sideways structure suggests a drift phase, with traders waiting for catalysts such as the upcoming Fed rate decision.

A successful breakout above $116,000 could reignite momentum toward $120,000 and beyond. However, failure to hold above the 50-day SMA risks a retest of $112,000 or even $110,000 ￰19￱ now, Bitcoin remains range-bound, but pressure is building for a directional ￰20￱ image from Dall-E, chart from TradingView