$BTC Update (Pre-FOMC & Fed Interest Rates Decision)

Published on September 17, 2025,

Last modified 10 months ago,

Bitcoin closed slightly above $116.5K resistance yesterday; a bullish hint.

I’ve noted since Friday that #Bitcoin‘s chart, with its breakout above the 1D QVWAP, looks solid, unlike lagging altcoins.

Despite this, a wick to $114K during FOMC volatility is possible, it’s the 1D QVWAP and a key retest point post-breakout.

I’d say it’s a 50-50 shot, but it often acts as a bounce zone.

FOMC volatility could push prices down to $114K before a quick reversal.

My long-term view holds: after this 0.65 Fib bounce, a new ATH is likely. Two scenarios:

No signs of a drop to $100K, current bearish calls seems off unless the chart shifts dramatically.

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