Bitcoin

Request

Chainlink

Rekt

<div class="coinjournal"> 
 <ul> 
 <li dir="ltr">Bitcoin has broken above $26,300 for the first time since August 31.</li> 
 <li dir="ltr">With the gains, LINK is up more than 15% in the past week and hit $6.81.</li> 
 </ul> 
 Bitcoin is back above $27,300 for the first time since August 31, while Chainlink (LINK) is leading the top 20 <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies by market cap as its price bounces to above $6.80. Elsewhere, top altcoin Ethereum has hit highs above $1,670 as the mega caps gain ahead of a likely pivotal week for sentiment across risk asset markets. 
 <h2 dir="ltr" id="can-bitcoin-price-break-higher">Can Bitcoin price break higher?</h2> 
 <a rel="dofollow" title="BTC" href="https://thebittimes.com/tag/btc.html">BTC</a> breaking higher on Monday sees the benchmark <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currency rekindle a little positivity for bulls. With intraday highs near $27.4k, <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> analysts have noted the potential for a retest of a critical level and the invalidation of a double-top pattern. 
 While the price may reject at the immediate resistance and fail to consolidate above the 200-week MA, the opposite outlook is a decisive breakout that turns the hurdle into a support. The upside perspective would be crucial after BTC signaled the Death Cross on the daily chart and saw a bearish monthly close candle as price stayed below $27k. 
 If price moves higher, a rally to $28,200 could open it up for a retest of the psychological $30k level. On the downside, rejection would mean a retest of $25k area before rebounding. 
 
 <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 #BTC has reached the ~$27100 (black) 
 Could <a rel="dofollow" title="BTC" href="https://thebittimes.com/tag/btc.html">BTC</a> upside wick beyond here? 
 We've seen upside wicks beyond a recently lost support many times before over the past year or so, some upside wicks as +8% long$<a rel="dofollow" title="BTC" href="https://thebittimes.com/tag/btc.html">BTC</a> #Crypto #Bitcoin https://t.co/rkRsoC1ILt pic.twitter.com/qjDW97oy9E 
 — Rekt Capital (@rektcapital) September 18, 2023
 </blockquote> 
 
 <h2 dir="ltr" id="link-price-up">LINK price up</h2> 
 Chainlink has been today’s biggest gainer so far, jumping nearly double-digits as intraday price reached highs of $6.81across major <a rel="dofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> exchanges. The breakout has been helped by the bullish push above the $6.40 area and comes after LINK revisited the $5.50 zone. 
 If prices continue to rise, LINK/USD might add to the weekly gains of more than 15% with a push towards $8.00. Crypto analyst Michael van de Poppe sees this as the likely trajectory. 
 
 <blockquote class="twitter-tweet" data-width="500" data-dnt="true"> 
 Request 1 – $LINK 
 This one is showing upwards momentum and I think that the bottom is in. 
 Retests are ready to be bought. If we get $6.15-6.40 retest, that's an entry towards $8. pic.twitter.com/1nqCroCKzp 
 — Michaël van de Poppe (@CryptoMichNL) September 18, 2023
 </blockquote> 
 
</div>
Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/btc-touches-27-3k-as-chainlink-leads-crypto-bounce-tbt63102.html">https://thebittimes.com/btc-touches-27-3k-as-chainlink-leads-crypto-bounce-tbt63102.html</a>

BTC touches $27.3k as Chainlink leads crypto bounce

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TheBitTimes

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