Bitcoin sentiment has flipped from $30k-$50k downside calls near $60k to premature reversal claims, yet $87400 remains unbroken major resistance per @RhythmicAnalyst.
Bitcoin: $87,400 Resistance Holds as Sentiment Shifts
Bitcoin sentiment has flipped from $30k-$50k downside calls near $60k to premature reversal claims, yet $87400 remains unbroken major resistance per @RhythmicAnalyst.
blockchain.news
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Sep 24, 2026 at 4:16 AM UTC · 1 dk okuma
Key Signal
$87,400 major BTC resistance
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bitcoin
Market Impact
BTC+0.93%$82,532
Last Updated
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Price at $83867.94 sits inside Bollinger Bands with upper resistance at $88167.21 while EMA50 at $82329.79 and EMA200 at $77169.19 anchor the bullish structure; neutral RSI at 50.17 paired with MACD death cross at 789.34 signals exhaustion before any sustained push, making a retracement to EMA50 support probable ahead of weekly confirmation above $88000. This setup shapes BTC price prediction models and tempers crypto market reversal narratives.
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Originally reported by blockchain.news
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Market Context
Bitcoin
BTC
$82,504
+0.89% (24H)
Market Cap
$1.66T
24H Volume
$20.0B
24H High
$83,339
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