Bitcoin

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There is no one-way trend on the cryptocurrency market at the beginning of the weekend, according to <a href="https://u.today/ethereum-eth-price-analysis-for-september-22" rel="noopener noreferrer nofollow">CoinStats</a>. 
<img data-entity-type="file" data-entity-uuid="43fc0462-fdac-4f5c-a828-8e2b13a55a88" src="https://u.today/sites/default/files/inline-images/top10_673.png">Top coins by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a> 
<h2 dir="ltr" id="btc-usd">BTC/USD</h2> 
The price of Bitcoin (BTC) has declined by 0.31% over the last 24 hours. 
<img data-entity-type="file" data-entity-uuid="3cfab55e-186d-4edb-9a9a-eb65681fe3ef" src="https://u.today/sites/default/files/inline-images/btc1_137.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
On the hourly chart, the price of BTC is approaching the local resistance level of $26,592. If the growth continues to that mark and the daily bar closes near it, traders might expect a blast to the $26,600 area and above. Such a scenario is relevant until tomorrow. 
<img data-entity-type="file" data-entity-uuid="d4fa1b94-74bd-4af2-a2a3-59a36c3cbe56" src="https://u.today/sites/default/files/inline-images/btc2_122.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a> 
From the technical point of view, the rate of Bitcoin (BTC) remains in the same place as yesterday. As neither bulls nor bears are dominating, ongoing consolidation in the narrow range of <a href="https://u.today/bitcoin-btc-price-analysis-for-september-22" rel="noopener noreferrer nofollow">$26,400-$26,800</a> is the more likely scenario for next week. 
<img data-entity-type="file" data-entity-uuid="3aee2b02-c4ea-449f-9639-f8228ec0970a" src="https://u.today/sites/default/files/inline-images/btc3_121.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/BTCUSD" rel="noopener noreferrer nofollow">TradingView</a>&nbsp; 
On the weekly time frame, the price has made a false breakout of the previous candle peak. If the bar closes far from it, one can expect one more wave of decline, which could lead to a drop to the $26,000 zone soon. 
Bitcoin is trading at $26,575 at press time.

Bitcoin (BTC) Price Analysis for September 23

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