Bitcoin Worth Hits $115K As $500M Pours Into Spot ETFs

The Bitcoin value rose over 1% previously 24 hours to commerce at $115,025 as of three:49 a.m. EST, as over half a billion {dollars} returned to identify BTC exchange-traded funds (ETFs) amid rising rate of interest reduce optimism.

Spot Bitcoin ETFs within the US recorded a complete day by day internet influx of $552.7 million, based on Coinglass, as institutional buyers flip to BTC in a renewed wave of confidence. 

BlackRock’s IBIT led what’s the fourth day of consecutive optimistic flows with $36.2 million, adopted by $134.7 million into Constancy’s FBTC.

In the meantime, buyers are actually watching the Federal Open Market Committee Assembly (FOMC) on Sept. 16, with rising optimism of an rate of interest reduce.

𝗝𝗨𝗦𝗧 𝗜𝗡: US CPI is available in at 2.9%, as anticipated.

Charge cuts are confirmed! pic.twitter.com/iiEVtDi5AK

— Lark Davis (@TheCryptoLark) September 11, 2025

CME’s FedWatch device exhibits a 92.7% odds of a 25 foundation level price reduce, whereas probabilities of a half-point price reduce hovers round 7.3%.

The optimism comes because the US Shopper Worth Index (CPI) knowledge landed heading in the right direction, rising 2.9% year-on-year in August, whereas core CPI superior 0.4% from July.

With the cooler US inflation knowledge, BTC briefly touched a 19-day excessive of $116,300 earlier than retracing to the present value, displaying that sellers stay energetic at this key resistance.

Bitcoin Worth Poised For Wave 5 Rally

The BTC/USD evaluation on the day by day timeframe exhibits a powerful bullish construction inside a well-defined rising channel sample.

The BTC value is shifting larger after bouncing off the decrease boundary of the channel, which coincided with the 200-day Easy Transferring Common (SMA).

The market additionally seems to be following an Elliott Wave sequence, with waves (1), (2), (3), and (4) already accomplished, and wave (5) probably in progress. This means that the market could also be coming into its closing impulsive leg to the upside, which usually completes the cycle earlier than a deeper correction.

Bitcoin’s value has additionally reclaimed the 50-day SMA as help, a bullish signal that confirms short-term power inside the bigger uptrend.

WBTC/USD chart evaluation (Supply: TradingView)

Momentum Indicators Align For Continued Upside

The Relative Energy Index (RSI) is at present at 56.92, which sits in impartial territory however leans barely bullish. This means that momentum is favoring consumers, however the market will not be but overbought, which can give the worth house to soar even larger.

Furthermore, the Transferring Common Convergence Divergence (MACD) additionally exhibits indicators of strengthening momentum.

The histogram has flipped again into optimistic territory, whereas the blue MACD line is crossing above the orange sign line, which is a bullish crossover.

Primarily based on the channel construction, Elliott Wave projection, and bullish indicator alignment, the worth of Bitcoin is probably going within the early levels of wave (5), which ought to goal the higher boundary of the channel.

The transfer locations the subsequent potential resistance zone within the $124,000 vary. If bullish momentum accelerates, BTC might even soar towards $130,000.

On the draw back, the $114,000–115,000 area now serves as fast help, supported by the 50-day SMA. If this stage holds, the bullish situation stays intact.

A breakdown under the $110,000 zone would weaken the construction and probably retest the 200-day SMA close to $102,000.

With all components pointing to a surge in 2025, knowledge from Glassnode exhibits that the variety of buyers including BTC to their hoard continues to develop.

In the meantime, X consumer Ted Pillows believes that if BTC reclaims the $117,000 stage, it’ll be heading in the direction of a brand new ATH.

$BTC has absolutely reclaimed the $113,500 stage.

$117,200 is the subsequent necessary stage for Bitcoin and it additionally has a CME hole.

If BTC absolutely reclaims this stage, the doorways in the direction of the brand new ATH will open.

In case of a rejection, BTC might revisit month-to-month lows. pic.twitter.com/DSFgDFNsEg

— Ted (@TedPillows) September 12, 2025

Moreover, $4.3 billion of Bitcoin month-to-month choices expire right now, favoring neutral-to-bullish bets. 

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