• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Bitcoin (BTCUSD) Price to Hit the $72,000 High Level

Johnathon Fox
09/30/2024 | UPDATED ON: 09/30/2024

Bitcoin (BTCUSD) Price Forecast: September 30

The BTCUSD price is positive and poised to hit the $72,000 high level as it trends above the supply levels, showing the investors’ enthusiasm for the asset. The crypto could rise further, and the price could go higher to hit the mentioned resistance value if buyers could add more energy and break up the $66,550 supply mark: then a good upside momentum to hit a high of $72,000 is possible soon, resulting to a high recovery potential and intraday gains for buyers.

Key Levels:
Resistance Levels: $64,000.00 $65,000.00, $66,000.00
Support Levels: $45,000.00, $44,000.00, $43,000.00

BTC (USD) Long-term Trend: Bullish (4H Chart)

The BTCUSD is trending to hit the key resistance level at the upsides as it continues its uptick movement in its long-term outlook. The price responded to the shift in the market structure and is currently above the moving averages, indicating a bullish momentum.
Bitcoin (BTCUSD) Price to Hit the $72,000 High Level
The bullish pressure at the $65,737 supply level in the previous session has made the coin price hit above the supply trend levels in its recent high.

At the press time, the Bitcoin market surged to hit the $65,690 high level above the moving average as the 4-hourly chart resumes today, suggesting an increased investors’ activity on the coin.

With the overall market trend still bullish, the BTCUSD price could surge to hit the $66,650 barrier and drive the potential toward the upper resistance area, restoring a steady recovery sentiment in the crypto market.

In addition, the BTCUSD market could increase further if the bulls add more power to their potential buying. The expected upside in Bitcoin price may likely surge higher to hit the $72,000 level soon in its higher time frame.

BTC (USD) Short-term Trend: Bullish (1H Chart)

The Bitcoin uptick move is poised to hit the upper high level as it remains firm above the supply levels. The price bar is above the moving averages.
Bitcoin (BTCUSD) Price to Hit the $72,000 High Level
The successful breakout by the bulls to the $65,705 high level in the past session has made the coin price hit above the resistance level and retain it at its recent high.

Today, the buy traders corrected to hit the $65,690 supply value above the moving averages shortly after the 1-hourly sessions resumed, indicating an established bull trend. Thus, it is very likely that the bulls will continue rising to hit the $66,550 barrier level as the journey up north continues.

Further, the daily stochastic indicates an uptrend, in this case, the price of Bitcoin might continue its bullish trend pattern to hit the $72,000.00 supply mark sooner in its short-term outlook.

Buy Bitcoin on Longhornfx

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
Previous Post: « Lucky Block Price Prediction: LBLOCKUSD Price Will Grow Further
Next Post: Eigenpie (EGPUSD) Establishes a Solid Base at $8.019 High Mark »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US