Bitcoin (BTCUSD) Price Forecast: September 27
The BTCUSD has recovered modestly as the price has recently experienced a notable surge, entering a strong bullish phase. There is an opportunity to buy the BTCUSD pair as the coin price is rising. Thus, if the bulls could rally above the $71,804 high level, the potential rally might extend higher to hit the $75,000 level, signaling an increased investors’ confidence and a good entry point for coin holders.
Key Levels:
Resistance Levels: $63,000.00, $64,000.00, $65,000.00
Support Levels: $44,000.00, $43,000.00, $42,000.00
BTC (USD) Long-term Trend: Bullish (Daily Chart)
The Bitcoin market recovers modestly and remains bullish in its long-term outlook. Further, the crypto price is trending above the resistance levels, implying a bullish momentum. 
The bulls’ pressure on the cryptocurrency at the $64,272 resistance level in the past few days has enabled the pair to recover modestly and retain its upward growth in its recent price level.
Today, the BTCUSD recovered modestly after completing yesterday’s lows at $62,932 and increased to a $63,832 high mark above the supply levels as the daily chart commences, reflecting increased investors’ confidence in the asset.
Thus, the crypto shows signs of increased momentum; if the trend persists, the potential rally might surge to retest the $71,804 previous high level, obtaining a higher footing to rise higher, as it recovers modestly.
Notably, the Bitcoin market is pointing up on the daily stochastic, suggesting the crypto price is going up and may continue in the same direction. In light of this, the coin might increase further to hit the $75,000 supply trend mark, suggesting potential further price growth as the market recovers modestly and remains strongly bullish in its higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The BTCUSD price recovers modestly as the coin price progresses toward the upper resistance levels in the medium-term outlook. The price bars are above the supply levels, reflecting a bullish sentiment. The bulls are hindering the market from smashing through the support zones as it trends above the supply levels in its recent high.
The increased momentum by the bulls in the last few hours has enabled the Bitcoin price to recover modestly and remain firm above the supply levels in its recent high.
At the press time, the Bitcoin market was propelled higher by the bulls until it reached a new high of $63,832 resistance mark above the moving average, as the coin price recovered modestly as the 4-hourly session resumed today. The market participants are responding to this pattern, and its breakout should offer a good buy entry opportunity.
Additionally, the daily signal suggests that the Bitcoin price might continue its bullish momentum as it recovers modestly. Therefore, the bullish race could hit the $73,000 upper high level, if additional selling pressure is prevented, as it recovers modestly in its medium-term outlook.
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