$Bitcoin Market Update - 17 Sep 2026
$Bitcoin is back in bullish momentum. $BTC is currently trading at $76,561.32 (+0.89% in 24h) and holding strong above the key $76.2K support.
Key Levels:
- Current Price: $76,561
- 24H High: $76,774
- 24H Low: $75,064
- Immediate Resistance: $77,000
- Strong Support: $76,200 / $75,000
Technical Analysis:
$BTC tested the $75K support yesterday and bounced sharply. Buyers are in control now. On the 4H timeframe, we are seeing higher lows which is a bullish sign.
If $BTC gives a 4H candle closing above $77K, the next targets are $78,500 and $80,000. If $76.2K breaks down, we could see a quick correction to $75K.
Funding rates are still neutral, so there is room for more upside.
My Strategy:
I am holding my Spot bag and avoiding any short positions in Futures for now. Risk management is key. Don't use high leverage at resistance.
What is your bias? Bullish or Bearish? Let's discuss in the comments 👇
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