Bitcoin (BTCUSD) Price Forecast: September 21
The BTCUSD bullish pattern in play is close to the $72,777 price level as the crypto recovers modestly after taking a beating in the past few days. In a bid to recover some lost ground, the crypto showed signs of retracement today and may continue growing if the support level at $57,477 holds and the daily chart closes above the $72,777 resistance level, leading the entire crypto world to a formidable recovery with potential gains.
Key Levels:
Resistance Levels: $65,000, $66,000, $67,000
Support Levels: $53,000, $52,000, $51,000
BTC (USD) Long-term Trend: Bullish (Daily Chart)
The BTCUSD bullish pattern is close to the $72,777 price level and has increased significantly in the previous actions; the bears are losing control on the daily chart. The price action is above the EMA-50, suggesting the bulls are on top of the market.
The crypto price has been above the supply trend levels since its most recent high due to the persistent bullish pressure over the last few days.
Today, the Bitcoin market paints a bullish scenario as the bullish pattern at the $62,600 level above the EMA-50 as the daily chart opens close to the $72,777 previous high level, indicating a high buying impact and interest from the coin investors.
However, if the buy traders successfully keep the BTCUSD prices above the $72,777 resistance level, the bullish pattern in play might draw close to the $75,000 upper resistance levels in the upcoming days, as the bullish pattern closes to the $75,000 in its higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
Bitcoin’s bullish pattern is close to the $72,777 supply level as buying pressure mounts on the medium-term outlook. The price of BTCUSD is currently trading at a resistance close to the $68,000 supply above the EMA-50, indicating a bullish momentum. 
The sustained bullish move to a $61,00 high value in the past few hours has made the coin price close to the previous high mark and remain above the supply levels in its recent high.
Today, the Bitcoin opening candle at the $62,563 high mark above the EMA-50 as the 4-hourly session opens, is close to its previous barrier at $64,987 price level, resulting in intraday gains for the buy investors. Thus, buyers must add more pressure to their activities to move the market beyond the current price level.
Meanwhile, the Bitcoin market pointing up on the daily stochastic, suggests the coin price might remain close to its previous high barrier. As a result, the post-retest rally may reach the $75,000 upper high level in the days ahead as the coin price trades close to the $72,777 price level in its medium-term time frame.
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