Mysterious Offshore Entity Takes $436M Position in Blackrock’s Bitcoin ETF

BitcoinWorld Bitcoin’s Alarming Slide: On Track for Fifth Straight Month of Losses, Nears Historic Losing Streak Global cryptocurrency markets are witnessing a

The post Bitcoin Bulls Need to Reclaim This Key Level for a New Run at $125K appeared on BitcoinEthereumNews.com. Key points: Bitcoin bulls are busy flipping key levels back to support; can they crack $118,000 next? New all-time highs are on the horizon if the Fed reaction uptrend continues. Exchange traders are already bringing in large lines of liquidity on either side of price. Bitcoin (BTC) sought to flip $117,000 to support on Thursday as the Federal Reserve interest-rate cut boosted crypto markets. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Watch these Bitcoin price levels next, say traders Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining up to 1.3% after the daily close. Volatility hit as the US Federal Reserve announced its first rate cut of 2025, coming in at 0.25% to match market expectations. After a brief dip below $115,000, Bitcoin rebounded, liquidating both long and short positions to the tune of over $100 million over 24 hours. $BTC update: FOMC Price Action nailed 🔨 Boring Monday and Tuesday; Wednesday volatile with the classic retrace of an initial false move. $105M liquidated in 30mins during FOMC, that’s what it’s important to be aware of this. Absolutely love this market. Probably $120k next. https://t.co/azE7Fg6J10 pic.twitter.com/x3EPCmIlOx — CrypNuevo 🔨 (@CrypNuevo) September 17, 2025 Among traders, hopes were high that bulls would cement support and continue on to challenge all-time highs. “The more important part; will $BTC break through this crucial resistance zone?” crypto trader, analyst and entrepreneur Michaël van de Poppe queried in a post on X. An accompanying chart showed the bulls’ next battle at $118,000.  “All I’m sure about is that, once Bitcoin stabilizes, we’ll start to see big breakouts on Altcoins occur,” he added. BTC/USDT one-day chart with RSI, volume data. Source: Michaël van de Poppe/X Popular trader Daan Crypto Trades agreed on the significance of the $118,000 mark. During dovish comments by Fed Chair Jerome Powell…

PANews reported on February 23 that Ethereum co-founder Vitalik Buterin recently suggested on the X platform that features such as "transaction simulation" be used