{"content":"Bitcoin’s Big Test ⚡ – Analyst Calls BTC a Strong Buy Above $118K 🚀 Bitcoin has failed to capitalize on its current strong momentum, hovering around $116,000 this weekend. This unstable price behavior casts doubt on the flagship cryptocurrency's ability to restart its bull run and hit a new high. A crypto specialist on social media site X said that Bitcoin might be about to make its next big jump. However, the on-chain expert emphasized that BTC must meet a requirement to continue its climb. Break Above $118,000 Could Lead to Price Explosion: Analyst Alphractal founder and CEO Joao Wedson wrote on X on September 13 that Bitcoin may be poised for a few-week rise. The on-chain data analyst said the top cryptocurrency needs a break over $118,000 to validate the bull run. Wedson wrote that $117,000 is a price point of strong interest and indecision to watch. Two on-chain indicators—the CVDD Channel and the Fibonacci-Adjusted Market Mean Price—predict a market slowdown or local peak at this price level. Alphractal's CVDD Channel analyzes historical price floors and danger zones using coin destruction data and Fibonacci envelopes. The Fibonacci-Adjusted Market Mean Price identifies structural expansion and value zones using the market mean price and Fibonacci bands. The CVDD Channel and Fibonacci-Adjusted Market Mean Price have shown “eerily accurate levels” of support and resistance throughout Bitcoin's price history, Wedson said. These data suggest $117,000 might stop Bitcoin's rise. Wedson stated that this zone might determine the market leader's next uptrend. For positive momentum to return, the Alphractal creator recommended Bitcoin investors to wait for a clear, sustained breakthrough over $118,000. #BTC #ETHReclaims4700 #MarketRebound #Write2Earn $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/14/79eeac28ef24425d8983296449d287fb.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}