Bitcoin tests $116,000 supply barrier and $107,000 support level, FOMC meeting is about to be held
Source: CoinWorld
Time: 2025-09-14 19:33:16
Bitcoin is approaching a supply barrier of $116,000, a key resistance level, and once a long-term investor and whale holds idle BTC could trigger selling pressure. The $107,000 support level is crucial; a break below may indicate a bullish reversal. The upcoming Federal Open Market Committee (FOMC) meeting to be held on September 14, 2025 may affect the direction of Bitcoin through monetary policy adjustments. Liquidity is accumulating around $116,000, with the increase in on-chain activity among big investors, heralding an intensified volatility. More than 562 million global users and 5.5 million independent addresses reflect the growing adoption rate of Bitcoin, although the big players remain influential.