Everyone is expecting BTC USD to pump after the rate cuts. You know what that means. This is the start of figuring out if Bitcoin Bitcoin 1.16% Bitcoin Bitcoin BTC Price $62,564.84 1.16% /24h Volume in 24h $17.57B Price 7d Buy with Best Wallet can add another $3 Tn in market cap to bring the price of Bitcoin to 200k USD in 2025.

Currently, BTC is just above $115,000, heading into one of the most important macro weeks of the year.

With the Federal Reserve’s policy meeting set for September 17, let’s talk about the odds that BTC USD breaks new ATHs or crashes below $100,000

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BTC USD Range-Bound Ahead of Fed Decision: Are Fed Rate Cuts Enough For $150,000?

Market Cap

As of press time, Bitcoin traded at $115,046, slipping 0.2% in the past 24 hours. 99Bitcoins TA reveals that BTC must decisively clear $116,000 to confirm momentum toward the $120,000–$125,000 range. Failure to break out leaves the door open for a retest of $107,500 support.

On-chain data showed short-term holders realizing $189 million in daily profits last week, a factor that adds near-term selling pressure.

“Bitcoin now sits at the center of macroeconomic tension, which could drive it in either direction depending on Fed policy direction,” said MEXC chief analyst Shawn Young.

(Source: WhaleAlert)

According to the CME FedWatch tool, markets are pricing in a 96% chance of a 25-basis-point rate cut. Moreover, if Jerome Powell delivers a dovish Fed tone, it could send Bitcoin surging past $120,000 as capital rotates out of bonds and into risk assets.

Regardless, it’s a Catch-22 for the Fed, as they’re staring down weaker labor data that supports cuts, but sticky inflation near 3% complicates the Fed’s path forward.

(Source: BLS)

Bitcoin has been stuck in a wide “air gap” trading range between $108,000 and $116,000 since August.

Clearing resistance at $116K could open the way for a stronger recovery for it and other top cryptocurrencies, while repeated rejections risk dragging BTC toward $105K.

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ETF flows and treasury demand suggest institutions are preparing for a bullish resolution from the Fed. Spot Bitcoin ETFs logged $2.3 billion in inflows last week, the highest in months, signaling aggressive positioning ahead of the Fed meeting.

Additionally, CoinGlass data shows that Bitcoin open interest is held by a firm.

(Source: CoinGlass)

One more metric of interest: According to the latest Census Bureau data, US retail sales rose +0.5% in July, in line with forecasts. June’s figure was revised higher to +0.9%. The report, which tracks changes in retail spending excluding food services, is closely watched as a barometer of consumer demand and overall economic strength.

For Bitcoin, we need to see a dovish Fed ,and continued ETF inflows could set up a breakout toward $125K and beyond. But if Powell is too cautious in his rhetoric, we may see BTC trapped between $107K and $115K, waiting for the next catalyst.

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Key Takeaways

  • Everyone is expecting BTC USD to pump after the rate cuts. You know what that means. This is the start of seeing if $200k is on the table.
  • For Bitcoin, we need to see a dovish Fed and continued ETF inflows could set up a breakout toward $125K and beyond.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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