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#BtcPriceAnalysis#
Yesterday, the market experienced a significant shake-up due to the correction of BTC, and the fear and greed index currently indicates "Fear" in the cryptocurrency market. Let's take a look at the BTC/USDT chart and try to forecast the movement.
Analysis of the BTC/USDT chart ( 1D timeframe)
📈📉Current data (26.09.2025):
- Price: 109,542 USDT.
- 24h change: -2.02% ( drop to 109,534 USDT).
- Week: -5% ( from 115k to 109k ).
- Month: -2.05% (peak 117k as of 18.09, minimum 108,713 on 25.09).
📉📈Key levels:
- Support: 108k (minimum 25.09), 100k (200-day SMA ~103.7k).
- Resistance: 112k, 115k.
📈📉Technical indicators:
- Trend: bearish, breakout below 112k (4-day decline -3.19%).
- RSI(14): 38.17 (Sell, close to oversold).
- STOCH: overbought, a rebound is possible.
- Patterns: correction after the peak of 117k, narrow range.
💰Price forecast: Short-term ( 1-2 weeks ) — bounce to 115k if holding >108k ( oversold, $22B options expiry may add volatility ). If a downward breakout occurs — target 100k. Long-term: bullish ( year +73% ), target 120k+ by the end of Q4.
In general, besides indicators, don't forget to keep an eye on news events around the world. Also, conduct your own analysis and wish everyone great trading. 😉