BTC/USD Signal 24/09: Bitcoin Loses Momentum

Created on September 24, 2026

Bullish view

• Buy the BTC/USD pair and set a take-profit at 90,000.

• Add a stop-loss at 80,000.

• Timeline: 1-2 days.

Bearish view

• Sell the BTC/USD pair and set a take-profit at 80,000.

• Add a stop-loss at 90,000.

Bitcoin price eased slightly as crude oil jumped and as investors started to book profits after the recent rally. The BTC/USD pair retreated to 84,280, a few points below this month’s high of 87,266. It remains nearly 50% above the lowest level this year.

Bitcoin Rally Loses Momentum

The BTC/USD pair retreated as the recent rally lost momentum as crude oil bounced back. Brent, the global benchmark, rose to $102.50, while the West Texas Intermediate (WTI) rose to $93. US gasoline and diesel prices also continued rising to $4.47 and $6.52, respectively.

Rising crude oil prices are bearish for Bitcoin because they lead to higher inflation for longer. Diesel is especially important because it is used to transport almost everything that is sold in the United States.

The rising oil prices means that the Federal Reserve will need to hike interest rates at least one more time this year. Most economists predict that the rate hike will happen in either October or December.