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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.

#Bitcoin chart analysis

Projection of Bitcoin's Next Movements Bullish Scenario (Upside): If Bitcoin can hold above the support area and successfully break out above resistance $82.464,89, the next projection is to test the upside target area toward level $90.783,73 (as shown by the purple upward arrow on the chart). Correction Scenario (Pullback): If temporary selling pressure occurs, the price may first drop to test the nearest support area around $79.039,10 or the dynamic MA line before resuming its uptrend. Trading Plan Buy on Breakout Plan (Continuation of Uptrend) Entry Condition: Buy when the price successfully breaks out and closes above the nearest resistance level. Entry Area: Around $82.464,89 or after a confirmed retest above that level. Take Profit Targets: Target 1: $90.783,73 Target 2: $97.898,63 Stop Loss: Place it below the nearest support level or below the MA line, for example around $79.039,10. Buy on Dip Plan (Buy in Correction Area) Entry Condition: Wait for the price to undergo a healthy correction (pullback) to the dynamic or nearest horizontal support area to obtain a lower buy price. Entry Area: Approaching the support area around $79.039,10 down to the dynamic MA line around $75.023,05. Take Profit Targets: Return to the resistance level $82.464,89 and potential continuation to $90.783,73. Stop Loss: Placed slightly below the main support, under the level $75.023,05. That is the analysis and trading plan for Bitcoin going forward. Always use a Trailing Stop Loss or set a maximum risk limit per trade due to the high volatility of crypto movements.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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