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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 19 giờ trước · 1 phút đọc

Bitcoin (BTCUSD) Prepares to Break a Key Support – Analysis – 29-09-2026
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BTC+0.01%$83,517

Last Updated

19 giờ trước

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.

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Originally reported by Economies.com

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Bitcoin

BTC

$83,555

+0.05% (24H)

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$1.68T

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$22.1B

24H High

$84,527

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