Technical analysis by TheCryptoFire about Symbol BTC: Buy recommendation (9/29/2025)

Bitcoin has been in a long consolidation, and I want to share a few things that stand out to me right now. The Fed is lining up for a rate cut in December. Odds are now above 80% that rates will move down toward the 3.50%–3.75% range. Whenever liquidity opens up, Bitcoin tends to benefit. That’s one piece of the puzzle. Another piece is regulation. Since the start of Trump’s second term, the U.S. has taken a friendlier stance. A strategic Bitcoin reserve, the Clarity Act, and crypto-friendly leadership at the SEC all point to a shift that gives institutions more confidence. And then there’s Gold. It’s already at all-time highs. Historically, Gold runs first, Bitcoin follows. If the pattern holds, Bitcoin could be setting up for its next move higher. On the chart, BTC is sitting around $111k. Price is under the 50-day MA but still well above the 200-day at $104k. That’s not a broken trend, that’s a pause. The real battleground is $111k–$108k. Hold that zone, and the path to $118k–$124k opens. Lose it, and we could be testing $104k next. Sentiment is still cautious, even leaning toward fear. Funny enough, that’s often when Bitcoin starts building strength in the background. Meanwhile, altcoins are still enjoying liquidity while BTC moves sideways — the usual rotation we’ve seen many times before. For me, the plan is simple: Keep the BTC core position steady. Trade alts tactically, don’t overstay. Watch $118k — if we break through, it’s likely the start of Bitcoin’s next major leg. Medium term, I’m looking at $150k–$180k this cycle. Long term, $200k+ isn’t unrealistic if the trend holds. For now, it feels like the calm before the storm. TheCryptoFire