#BTC#


💥BTC briefly broke through $117,500 on September 18, but the bulls couldn't hold the high position, and there is some hesitation in the short term.

The 20-day moving average continues to rise (113,600 USD), and the RSI also supports the bulls, indicating that the overall direction is still bullish. As long as the closing price can steadily stay above 117,500 USD, Bitcoin is expected to challenge 124,474 USD, opening up a new round of upward momentum.

But be careful ⚠️, once it falls below the 20-day moving average, it indicates that the bulls may start to retreat, and the price could drop to $110,000, or even continue to consolidate between $107,000 and $117,500 for a while.
BTC-1.87%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)