Bitcoin Price Analysis — September 25
After posting a double-bottom pattern last week, Bitcoin failed to show any signs of a bullish breakout but, instead, fell into a sideways pattern as it has done for several weeks.
The benchmark cryptocurrency has maintained a
1K price range between 18.5K to 19.5K although it has consistently recorded lower highs in the past few days. With the market outlook showing little to no signs of a bullish relief anytime soon, BTC bears could take another shot at 18K and possibly lower.
Meanwhile, my resistance levels are at $19,600, $20,000, and $20,500, and my key support levels are at $18,500, $18,000, and $17,500.
Total Market Capitalization: $926 billion
Bitcoin Market Capitalization: $362.1 billion
Bitcoin Dominance: 39.1%
Market Rank: #1
The benchmark cryptocurrency has maintained a
1K price range between 18.5K to 19.5K although it has consistently recorded lower highs in the past few days. With the market outlook showing little to no signs of a bullish relief anytime soon, BTC bears could take another shot at 18K and possibly lower.Meanwhile, my resistance levels are at $19,600, $20,000, and $20,500, and my key support levels are at $18,500, $18,000, and $17,500.
Total Market Capitalization: $926 billion
Bitcoin Market Capitalization: $362.1 billion
Bitcoin Dominance: 39.1%
Market Rank: #1
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