FX.co ★ teagan.orn | #Bitcoin chart analysis
#Bitcoin chart analysis
BITCOIN TODAY FRIDAY,25/09/2026 Based on the following daily chart, analysis and projection of price movement using the Moving Average (MA 100 & 200), Relative Strength Index (RSI) 12, and Support and Resistance levels: Moving Average Analysis (MA 100 & 200) MA Line Condition: The blue MA line (faster period, MA 100) has just crossed above (golden cross) or moved through above the red MA line (MA 200), indicating a change in medium-term momentum to bullish. Current Price Position: Bitcoin's price is currently above both of those Moving Average lines. This confirms that the primary trend currently tends to support continued upside (bullish continuation), where the MA area acts as dynamic support. RSI Analysis (12) Current Value: The RSI(12) indicator is at 64.62. Interpretation: This position is above the midline (50) but has not yet entered the overbought area (above 80). This indicates that buying pressure (buyers) still dominates the market without signs of extreme buying exhaustion in the near term, so there is still room for the price to move higher before a correction. Support and Resistance Nearest Support Levels: Dynamic support is located around the MA line range (around the area $75.023,05). The next strong horizontal supports are at $79.039,10 and $75.023,05. Nearest Resistance Level: Nearest resistance is around the level $82.464,89. If this level is successfully broken with strong volume, the price has the potential to continue rising toward the next resistances at $90.783,73 up to $97.898,63.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade