Bitcoin Price Analysis: Advance to New Monthly High – 19 September 2023
Bitcoin (BTC/USD) worked to retain upside advances early in the Asian session as the pair moved back above the 27400 level after Stops were elected above the 26917.36 and 27393.46 areas, upside price objectives related to buying pressure that strengthened around the 24900 and 25763.43 levels....
- Bitcoin (BTC/USD) has moved back above the 27400 level after Stops were elected above the 26917.36 and 27393.46 areas.
- Buying pressure has strengthened around the 24900 and 25763.43 levels, with additional price objectives at 27982.53 and 28934.72 areas.
- Stops were elected above the 27099.76 area, accelerating the appreciation.
- Technical support and potential buying pressure can be found at the 26830.89, 26461.90, 26163.67, 25865.44, and 25440.85 levels.
- Stops are cited below the 24197.68 level, with additional price objectives below the market.
The article provides a technical analysis of Bitcoin's price movements, indicating upside advances and potential buying pressure. The sentiment is generally positive, highlighting appreciation and bullish indicators.