Bitcoin Stalls Below $117K as Traders Eye Key Levels

Bitcoin traded between $114,866 and $117,292 on Sept. 17, testing resistance near $117,500 but showing signs of waning momentum.

Declining volume on the recent climb and a bearish engulfing candle on the 4-hour chart suggest sellers are defending higher levels. Support sits at $115,200–$115,500 in the short term, with stronger backing around $112,000–$114,000 if pressure deepens.

Oscillators highlight indecision, with RSI neutral at 58 and Stochastic elevated but not trending. Still, moving averages across all timeframes remain bullish, keeping the medium-term outlook constructive. A breakout above $117,500 with strong volume could push BTC higher, but failure to hold $115,500 risks a retest of $114,000 or lower.

Clever Robot News Desk 19^th September 2025