Bitcoin Price Analysis Sep.16: A re-test of the critic support level

Bitcoin Price Analysis Sep.16: A re-test of the critic support level

Since our previous price analysis, not much has changed. The overall picture is that Bitcoin is still between the $6400 – $6600 range. Here are the keys:

Like we stated before, the bullish movement is considered a correction to the recent bearish sentiment, unless the $7400 high that was reached a week ago is broken.

Bitcoin Prices: BTC/USD BitFinex 4 Hours chart

Cryptocurrency charts by TradingView. Technical analysis tools by Coinigy.

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