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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 price movement projection using the Moving Average indicator (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 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 Moving Average lines. This confirms that the primary trend currently tends to support further upside (bullish continuation), where the MA area functions as dynamic support. RSI Analysis (12) Current Value: The RSI(12) indicator is at 64.62. Interpretation: This position is above the midpoint (50) but has not entered the overbought area (above 80). This indicates that buying pressure 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 experiencing a correction. Support and Resistance Nearest Support Levels: The dynamic support is around the MA line area (around $75.023,05). The next strong horizontal support levels are at $79.039,10 and $75.023,05. Nearest Resistance Level: The nearest resistance is around $82.464,89. If this level is successfully broken with strong volume, the price could continue rising toward the next resistance at $90.783,73 up to $97.898,63.

#Bitcoin chart analysis

Projection of Bitcoin's Next Moves 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 $90.783,73 (as indicated 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 upward trend. Trading Plan Buy on Breakout Plan (Continuation of Uptrend) Entry Conditions (Entry): 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. Profit Targets (Take Profit): Target 1: $90.783,73 Target 2: $97.898,63 Stop Loss: Placed below the nearest support level or below the MA line, for example around $79.039,10. Buy on Dip Plan (Buy in Pullback Area) Entry Conditions (Entry): Wait for the price to experience 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. Profit Target (Take Profit): Return to the resistance level $82.464,89 and potential continuation to $90.783,73. Stop Loss: Placed slightly below the main support, below $75.023,05. That concludes the analysis and trading plan for Bitcoin going forward. Always use a Trailing Stop Loss or set a maximum risk per trade because crypto movements are highly volatile.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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