Bitcoin jumps above $114k on weaker US dollar and optimism on Wall Street 📈

6:04 PM 11 September 2025

Bitcoin gains today another 0.5% rising above $114k and approaching an important zone near $115k. The US Dollar loses after the weak US jobless claims data, while Wall Street gain on hope for at least 2 Fed rate cuts this year. Ethereum also gains today, rising almost 1.5% above $4400.

As we can see below, Bitcoin is now traded well above STH Realized Price, which now is an important on-chain support zone, near $110k. As long as price is above this level, we can expect that demand will try to recover after the short sell-off. 

 

Source: Bitcoin Magazine Pro

Bitcoin (D1 interval)

Looking at the chart, we can see that Bitcoin rebounds above EMA50 (the orange line) and 38.2 Fibonacci retracement of the last downward wave, signalling a possible test of $117k price zone.

 

Source: xStation5

Share:
Back

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits