Bitcoin Stalls Near $116,000 (Again): What Is Going On?
Posted On September 19, 2025
Bitcoin (CRYPTO: BTC) is cooling near $116,000 after its post-FOMC rally, with traders closely watching liquidity levels to gauge the next move.
What Happened: Prominent analyst Kevin noted on Patreon that Bitcoin is attempting to form a cup-and-handle on the 4-hour chart, but momentum stalled near $118,000—just below the key 0.786 Fibonacci level at $118,300.
He pointed out that weak spot volume and declining liquidity flows are contributing to sideways price action.
Kevin highlighted a critical range of $106,000–$118,300:
- Bullish case: Breakout above could target $120,000–$125,000.
- Bearish case: Breakdown risks $104,000–$100,000.
Liquidity heatmaps show short liquidity up to $119,000 and long liquidity clustered at $106,000–$108,000.
Bitcoin’s …
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