What's going on with Bitcoin? September 16, 2023 - Coinleaks
Current Date:September 21, 2024

What’s going on with Bitcoin? September 16, 2023

Bitcoin, which has difficulty exceeding $ 26 thousand 900 ( BTC), started to ease towards the minor support area.

BTC, which tried the $ 26,800 – $ 26,900 range several times, encountered selling pressure each time. The leader of the cryptocurrencies, which made another attack last night, was rejected at $ 26,888. Currently pricing just above the minor support, BTC is gradually approaching the critical phase.

Bitcoin (BTC) chart analysis

BTC, which has retreated from $ 26,800 levels, is currently traded at $ 26,488. BTC, which has not yet demonstrated a permanent price move even though it targets $ 27,000, will target $ 27,151 and $ 27,467 as long as it holds above $ 26,820. However, any selling pressure that may come from the 26,800 – 26,900 range may increase the downside possibilities.

A downward break of $26,450, a negative situation that may come from FTX or Binance, or a FUD news about the market in general will push the BTC price to lower levels. In such a situation, the levels that can be followed as support are 26,034 – 25,814 – 25,467 and 25,300 dollars, respectively.

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