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Bitcoin (BTCUSD) Prepares to Break a Key Support – Analysis – 29-09-2026

The Bitcoin (BTCUSD) price declined in its recent intraday trading, amid continued negative pressure resulting from trading below EMA50, which acts as dynamic resistance and reduces the chances of a recovery in the near term, with a…

Economies.com

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Sep 29, 2026 at 1:54 AM UTC · Updated 3日前 · 1 分で読める

Bitcoin (BTCUSD) Prepares to Break a Key Support – Analysis – 29-09-2026
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BTC+2.86%$86,342

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3日前

The Bitcoin (BTCUSD) price declined in its recent intraday trading, amid continued negative pressure resulting from trading below EMA50, which acts as dynamic resistance and reduces the chances of a recovery in the near term, with a short-term corrective downtrend remaining in control.

This comes as a bearish crossover begins to emerge on the relative strength indicators, after the price managed to offload part of its oversold conditions, reinforcing the negative pressures and paving the way for further losses in the near term.

Follow the Story

  1. Sep 29Bitcoin (BTCUSD) Prepares to Break a Key Support – Analysis – 29-09-2026
  2. Oct 2Bitcoin reaches for $87K as short liquidations top $120M
  3. Oct 2Citi Projects Ethereum at $3,028 and Bitcoin at $113,000. Why Is the Bank So Much More Bullish on Bitcoin?
  4. Oct 2Bitcoin price rises to $86,500 as futures open interest jumps by 27,000 BTC.

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Originally reported by Economies.com

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Market Context

Bitcoin

BTC

$86,395

+2.92% (24H)

Market Cap

$1.73T

Circulating Supply

20.1M BTC

24H Volume

$39.2B

24H High

$86,866

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