Bitcoin Slides -1.75% in Lackluster September Start
Bitcoin's September 2026 got off to a rough start as it slid by -1.75% in the first few days of trading, according to blockchain.news.
This marks eight negative closes out of thirteen Septembers since 2013, and the average monthly return is near -3%, indicating elevated downside risk through month-end.
The current price sits at $76,762.16 within the Bollinger Bands, with upper resistance at $79,158.15 and lower support at $77,170.13.
Immediate support comes from the 50-EMA at $77,574.55, while the deeper floor is provided by the 200-EMA at $71,685.74.
Although the RSI sits at a neutral 44.59, the MACD death cross at -187.18 indicates fading momentum and suggests that Bitcoin may test the 50-EMA before any sustained push higher.