Bitcoin (BTC) Price Forecast for September 15

September 15, 2024

Buyers have struggled to maintain control through the week, as per CoinMarketCap data. The price of Bitcoin (BTC) has seen a 0.39% increase in the last day and a 10.60% rise over the past week.

Despite this recent uptick, BTC’s price is currently testing the $59,903 support level. If a breakout occurs, there could be a potential correction towards the $59,500 range. Traders should monitor the $60,670 level on a larger time frame.

While the price remains below this level, a correction to around $59,000 may be observed in the coming days. Looking ahead, the weekly candle is poised to close positively, but a significant upward movement is not anticipated due to insufficient momentum. Overall, a sideways trend in the $58,000-$61,000 range appears more probable.

At present, Bitcoin is valued at $60,163.