3 hours ago
Bitcoin gained caller downward BTC terms predictions connected the backmost of an options expiry lawsuit and thickening bid liquidity connected speech bid books.
Key points:
Bitcoin fails to adjacent supra $117,200, opening the doorway to enactment retests.
A elephantine $4.9 trillion options expiry lawsuit adds further friction for Bitcoin bulls connected Friday.
Order-book liquidity shows bids massing astatine $110,000 and above, creating a “magnet” for price.
Bitcoin (BTC) missed a cardinal regular adjacent into Friday arsenic traders expected short-term BTC terms losses.
BTC/USD one-hour chart. Source: Cointelegraph/TradingViewBitcoin adds headwinds aft regular adjacent miss
Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD narrowly avoided a regular adjacent supra $117,200.
This had been 1 of the key lines successful the sand connected abbreviated timeframes — a reclaim would let terms to revisit $120,000, investigation said.
— Rekt Capital (@rektcapital) September 18, 2025“Once we summation this level the mode to $120K is unfastened successful my opinion,” fashionable trader Crypto Caesar wrote Thursday successful portion of an X post connected the taxable alongside an explanatory chart.
“However: Last clip we rejected this level and came each the mode backmost to the airy bluish zone.”
BTC/USDT one-day chart. Source: Crypto Caesar/XCrypto capitalist and entrepreneur Ted Pillows predicted downward BTC terms unit continuing done the week’s options expiry event.
“$BTC failed to reclaim the $117,200 level again. Today, $4.9 trillion successful US banal futures and options volition expire,” helium told X followers.
“Historically, this has resulted successful downside volatility and consolidation successful the banal market. And due to the fact that the crypto marketplace follows US stocks, volatility volition displacement into Bitcoin and alts too. Be prepared.”
BTC/USDT one-day chart. Source: Ted PIllows/XTrader bids make $113,000 BTC terms “magnet”
Other arguments successful favour of little levels focused connected speech order-book liquidity.
Related: Bitcoin terms $150K people comes arsenic expert sees weeks to all-time highs
Updating X followers, trading assets TheKingfisher noted that astir liquidity present lies beneath the price. The country betwixt $110,000 and $113,000 was of peculiar interest.
Here's the deal, astir traders are inactive guessing. But look astatine this Kingfisher heatmap for $BTC.
See those dense zones astir 110k and 113k? Those are agelong liq zones. Price is magnets to these levels, flushing retired overleveraged positions.
Above existent price, determination are thin,… pic.twitter.com/JDYSeUFDbg
Onchain analytics level Glassnode agreed, noting shifts successful order-book creation aft Wednesday’s Federal Reserve meeting.
There, the Federal Open Market Committee (FOMC) lowered involvement rates for the archetypal clip successful 2025, starring to new all-time highs for some golden and US banal markets.
“Post FOMC, we tin spot that $BTC shorts astatine 117k were taken out, and agelong liquidations are appearing astatine 112.7k,” Glassnode summarized.
BTC liquidation heatmap. Source: Glassnode/XThis nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
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