BitMidas

Bitcoin Trend Analytics September 27

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC broke up the triangle, holding up on the battling target at $19568.12. Data turns positive. Holding above $19568.12 for 24 hours and more will the price hit $21311.64 area.

Holding above $19568.12 for 24 hours will BTC run in the upper range of the short-term descending channel.

Short-term bearish movement has ended. BTC is rushing upward.

The support preventing a second slide has diverted from $18138.17 to $18186.75, which sustains the price all along and protects the key support. If this target point is broken, BTC will slide to a certain extent.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.