Bitcoin 24-hour rise **+1.23%, cumulative rise in the past week +5.06%, market capitalization approximately 2.33 trillion USD**.

Today's News: Institutions Increase Holdings

MicroStrategy purchased 525 BTC at an average price of approximately $114,562 on September 15, bringing its total holdings to 638,985 coins, with an average cost of about $73,913 per coin.

Boyaa Interactive spent approximately HKD 219 million (about USD 28.16 million) to purchase 245 BTC from September 15 to 16, with a total holding of 3,925 coins and an average cost of USD 66,094 per coin.

The futures market is strengthening.
The CME Bitcoin futures main contract closed above $117,000 on September 16, rising by 1.43% compared to the previous day, indicating a bullish trend.

Changes in supply and demand
In September, centralized exchanges had a net withdrawal of 44,000 BTC, resulting in a decrease in available coins and easing short-term selling pressure; the US-listed spot Bitcoin ETF saw a net inflow of $2.2 billion in the past three days, with demand remaining strong.

Market View
Multiple institutions are optimistic about Bitcoin breaking through $120,000. Some analysts believe that if the Federal Reserve's interest rate decision tonight is dovish, the upward momentum will strengthen. Citigroup predicts that Bitcoin could reach $135,000 by the end of 2025, and in an optimistic scenario, it could go as high as $199,000.

📌 It is recommended to pay close attention to tonight's Federal Reserve interest rate decision and the subsequent market reaction, as this will directly affect the short-term volatility direction of Bitcoin.