{"id":17441,"date":"2025-09-19T08:45:06","date_gmt":"2025-09-19T07:45:06","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=17441"},"modified":"2025-09-19T08:45:07","modified_gmt":"2025-09-19T07:45:07","slug":"bitcoin-nearing-new-high-amid-massive-liquidations-at-118000","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-nearing-new-high-amid-massive-liquidations-at-118000\/","title":{"rendered":"Bitcoin Nearing New High Amid Massive Liquidations at $118,000"},"content":{"rendered":"\n

Bitcoin Price Surge : Heading Towards New All-Time Highs ?<\/h2>\n\n\n\n

The price of Bitcoin<\/a><\/strong> (BTC) is approaching a crucial resistance level at $118,000<\/strong>, a threshold that could prove decisive in the coming weeks. This level corresponds to the point of control of the current trading range, and a breakthrough could trigger a cascade of short position liquidations<\/strong>, propelling the price toward new all-time highs.<\/p>\n\n\n\n

Bitcoin’s price action shows a clearly bullish trend, with recent momentum driven by a bounce at the 0.618 Fibonacci retracement level. This movement has reclaimed the bottom of the value zone and pushed the price toward the resistance area at $118,000<\/strong>.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

On lower timeframes, BTC is forming a double bottom pattern with visible accumulation around $116,600<\/strong>. If BTC maintains this price level, it could target $118,500<\/strong> in the coming hours.<\/p>\n\n\n\n

Additionally, investor optimism has been bolstered by the Federal Reserve’s decision to implement its first rate cut of the year, reigniting appetite for risk assets, including Bitcoin.<\/p>\n\n\n\n

High Risk of Upward Liquidations<\/h2>\n\n\n\n

With an accumulation of derivative positions at this level, breaking through the $118,000<\/strong> threshold could trigger significant volatility and initiate an upward squeeze scenario. Liquidation maps show a significant cluster of short positions between $118,000 and $119,000<\/strong>, increasing the probability of a “short squeeze.”<\/p>\n\n\n\n

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$BTC<\/a>

Leverage building between 118-120K. Likely gets tested at some point.
pic.twitter.com\/FhRGYxYOSQ<\/a><\/p>— Killa (@KillaXBT) September 18, 2025<\/a><\/blockquote>