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Bitcoin (BTCUSD) Price Pumping Again, Time to Buy!

Johnathon Fox
09/26/2024 | UPDATED ON: 09/26/2024

Bitcoin (BTCUSD) Price Forecast: September 26

The BTCUSD price is pumping again, reaching a 24-hour high of $63,947, reigniting investors’ interest as the cryptocurrency market experiences a broader recovery, suggesting a time to buy the asset. The coin may continue growing if the support level at $62,566 remains held and the daily chart closes above the $71,804 resistance level; then, there is a high probability of the price going up to its recent swing high of $72,777 resistance trend, leading the crypto price to a $75,000 upper high mark and beyond, signaling strong market optimism and potential for significant gains.

Key Levels:
Resistance Levels: $63,000, $64,000, $65,000
Support Levels: $53,000, $52,000, $51,000

BTC (USD) Long-term Trend: Bullish (Daily Chart)

The Bitcoin market is pumping again, indicating time to buy with a bullish sentiment, predicting a potential 5x surge in its long-term outlook. The price is showing a bullish trend as it remains above the supply levels and promises about 112% gains despite past setbacks.
Bitcoin (BTCUSD) Price Pumping Again, Time to Buy!
The cryptocurrency price has been above the supply trend levels since its most recent high due to the persistent investors’ interest and confidence over the last few days.

At the writing time, the BTCUSD price is pumping again, suggesting the time to buy is now, as the coin traders caused a rise in the coin price to a $63,947 resistance level above the EMA-50 as the daily chart resumes today.

The crypto is pumping again, trending upwards with a promise of a bullish breakout. Thus, a break above the $72,777 barrier mark would intensify the buying pressure on the crypto.

Additionally, the BTCUSD price might continue pumping again, as indicated by the daily signal pointing up. As a result, the crypto price may reach the $75,000 high level soon as the crypto resumes pumping again in the long-term perspective.

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

The Bitcoin market is pumping again, and the time to buy the crypto is now as the bulls continue pumping toward the overhead resistance on the medium-term outlook. The price of BTCUSD is pumping towards the upper resistance above the moving average, suggesting an uptrend.
Bitcoin (BTCUSD) Price Pumping Again, Time to Buy!
The sustained bullish move to a $63,613 high value in the past few hours has made the price remain above the supply levels in its recent high.

Today, the coin market is pumping again as the bulls drove the crypto price to a $63,947 high mark above the EMA-50 as the 4-hour chart opens, resulting in intraday gains for the buy investors.

This trend will enable the BTCUSD price to remain on the upside and rise or break to the upside, creating a strong area of interest for buyers.

Additionally, the coin price pointing upwards on the daily stochastic means further pumping toward the upper resistance area is likely. Therefore, the expected move by the coin investors may likely hit the $75,000 upper resistance level before any sign of slowdown begins as it continues pumping again in its medium-term time frame.

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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.

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