BTC/USD Signal 29/09: Bitcoin’s Break and Retest Points

Created on September 29, 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 remained under pressure as the recent momentum faded amid the rising bond yields. BTC/USD pair dropped modestly to 83,450 from this month’s high of 87,480, with focus shifting to the upcoming US macro data.

Bitcoin Falls as Risk-Off Sentiment Continues

The BTC/USD pair retreated slightly as investors reacted to the rising risk-off sentiment in the United States. Crude oil prices remained at an elevated level as the US-Iran war continues. Brent and the West Texas Intermediate (WTI) have remained above $90 this week.

As a result, US inflation expectations have continued to rise this month, which explains why bond yields have jumped. The ten-year yield rose to 5.24%, while the 30-year moved to a multi-year high of 5.55%. Bitcoin and other assets like gold tend to underperform the market when bond yields are rising.

The BTC/USD pair will next react to the upcoming macro numbers from the United States. The Conference Board will release the latest consumer confidence report later today. Also, the US will release the latest house price index report, while top Federal Reserve officials will talk.