Bitcoin Price Maintains Bullish Structure Near $84K
The Bitcoin (BTC) price is trading near $84,038 as of September 26th, maintaining its bullish structure for several weeks. The move follows a rally above $85,000, with Bitcoin dominance climbing to 58.28% as altcoins decline.
The daily chart shows a textbook bullish alignment, with the BTC price above all three key moving averages. The RSI14 at 64.06 indicates healthy demand without approaching exhaustion levels above 80, while the MACD backs up this trend with expanding momentum.
However, lower timeframes paint a neutral picture, with the hourly RSI at 50.18 and the MACD showing stabilization rather than conviction. The compressed volatility across short timeframes suggests a sharp move is building underneath the surface.