Bitcoin (BTCUSD) Price Forecast: September 9
There is an opportunity to buy the BTCUSD pair as the price is going up at the moment. However, the price will move higher above the current resistance level, if buyers should exert more force into the price action in the market, the $71,804 high trend line might be retested soon, resulting in a high buying opportunity for interested traders.
Key Levels:
Resistance Levels: $68,000.00, $69,000.00, $70,000.00
Support Levels: $44,000.00, $43,000.00, $42,000.00
BTC (USD) Long-term Trend: Bullish (Daily Chart)
Bitcoin price is going up and looks tasty for coin buyers in its long-term outlook. Further, the pair’s bullish momentum is trending above the moving averages, making higher highs and moving towards the upper resistance area. 
The bulls’ pressure on the cryptocurrency to the $57,971 resistance level in the past few days has made it possible for it to retain its upward growth in its recent hike in price.
After updating yesterday’s low of $52,530, the BTCUSD price rebounded to a $54,462 high mark above the EMA-50 as the daily chart opens today, suggesting the crypto price is going up and this may continue.
Thus if this bullish momentum is steady, the crypto price might increase further to retest the previous high of $71,804 mark, obtaining a higher footing to rise higher.
Hence, 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 $73,000 supply trend mark, thus registering a buy signal for the coin traders as the market remains strongly bullish soon in its higher time frame.
BTC (USD) Medium-term Trend: Bullish (4H Chart)
The BTCUSD price is going up as an outcome of low bearish momentum in the medium-term outlook. The coin price trades in a general bullish trend. The bulls are hindering the market from smashing through the support zones as it trends above the supply levels in its recent high.
The coin’s bullish momentum to a $53,966 high level in the previous actions has made it possible for the largest crypto to maintain an uptrend in its recent high.
At the press time, the Bitcoin market was propelled higher by the bulls until it reached a new high of $54,462 resistance mark above the moving average as the 4-hourly session resumes today, indicating that the coin price is going up and the high impact of the buy investors on the crypto market might drive the prices higher. The market participants are responding to this pattern, and its breakout should offer a good buy entry opportunity.
Next, buyers clustering around the market now means that the coin price is going up and will still go up further. Therefore, we can expect the bullish momentum to reach the $73,000 trend line soon in its medium-term outlook.
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