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

The Bitcoin worth 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 minimize optimism.

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

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

In the meantime, traders at the moment are watching the Federal Open Market Committee Assembly (FOMC) on Sept. 16, with rising optimism of an rate of interest minimize.

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 software exhibits a 92.7% odds of a 25 foundation level price minimize, whereas probabilities of a half-point price minimize hovers round 7.3%.

The optimism comes because the US Client Worth Index (CPI) knowledge landed on track, 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 worth, exhibiting that sellers stay lively 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 worth 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) doubtlessly in progress. This implies that the market could also be getting into its closing impulsive leg to the upside, which generally completes the cycle earlier than a deeper correction.

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

WBTC/USD chart evaluation (Supply: TradingView)

Momentum Indicators Align For Continued Upside

The Relative Power 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 value house to soar even larger.

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

The histogram has flipped again into constructive 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 value 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 may even soar towards $130,000.

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

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

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

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

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

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

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

In case of a rejection, BTC may 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 as we speak, favoring neutral-to-bullish bets. 

Associated Information:

Greatest Pockets – Diversify Your Crypto Portfolio

• Straightforward to Use, Characteristic-Pushed Crypto Pockets
• Get Early Entry to Upcoming Token ICOs
• Multi-Chain, Multi-Pockets, Non-Custodial
• Now On App Retailer, Google Play
• Stake To Earn Native Token $BEST
• 250,000+ Month-to-month Energetic Customers