Bitcoin is steady at $116.4K as speculation mounts over a potential Federal Reserve rate cut. The cryptocurrency is at the upper boundary of its price channel, with market sentiment remaining positive. A bullish momentum of 0.8 reflects strong support and confidence among traders. The anticipated Fed decision on September 17, 2025, could further boost Bitcoin by lowering the opportunity cost of holding non-yielding assets. However, any unexpected hawkish moves might temporarily dampen the rally. As long as momentum stays above 0.7 and key technical levels are maintained, the upward trend is expected to continue.