Bitcoin Price Aims $118K As Fed September Rate Cut Odds Soar to 94%

Bitcoin ($BTC) is less than 5% away from revisiting its $ATH as the Federal Reserve’s September rate cut odds skyrocket to 94%. Coupled with bullish technical indicators on multiple timeframes, the $BTC price appears poised for an uptrend. Is $118K the next all-time high for $BTC? Let’s explore price analysis and key levels to watch.