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Bitcoin is at its highest level since the end of January

Technical Analysis
By Ahmed Ashraf
Bitcoin is at its highest level since the end of January
0 16

BTCUSD

البيتكوين 22-9-2026

Bitcoin is trading in an uptrend over the medium term, opening the door for prices to rise and form new highs, while a break below the $81,000 support zone could lead to a retest of the $74,000 zone during today’s trading.

Support

 81000 74000
Resistance 88000

92000

Bitcoin maintained its positive performance during today’s trading as the upward move extended amid improving risk appetite across markets, pushing the price above $87,000 and to its highest level in nearly eight months before facing some profit-taking and retreating by around 2% from the peak, with the move following strong gains in the previous session supported by renewed inflows into Bitcoin ETFs, improving sentiment toward the cryptocurrency sector, recent regulatory developments in the U.S., and lower oil prices that helped ease inflation concerns.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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