Bitcoin trader says ‘time to pay attention’ to $115K BTC price

• Bitcoin drifts toward $115,000 into the weekly close ahead of a key macro week.
• BTC needs a weekly close above $114,000 to stay “bullish,” analysis says.
• Markets are convinced that the Federal Reserve will cut interest rates next week.

Time to pay attention” to Bitcoin price

The pair avoided major volatility after the week’s last Wall Street trading session, during which it hit $116,800 — its highest since Aug. 23.

“Pretty clear price is being walked down here yet again going into a new week,” popular trader Skew summarized about the latest BTC price action in part of a post on X.

Skew flagged “some pretty decent bid depth & liquidity just below $115K” on exchange order books.

Markets stay dead set on Fed rate cut

The coming week’s main focus was the US Federal Reserve’s decision on interest rates.