14.09.202617:06 Forex Analysis & Reviews: Trading Signals for BTC/USD on September 14-16, 2026: buy above $77,313 or sell below $79,000 (21 SMA - 4/8 Murray)

Relevance up to 15:00 2026-09-28 UTC+00

This information is provided to retail and professional clients as part of marketing communication. It does not contain and should not be construed as containing investment advice or investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance. Instant Trading EU Ltd. makes no representation and assumes no liability as to the accuracy or completeness of the information provided, or any loss arising from any investment based on analysis, forecast or other information provided by an employee of the Company or otherwise. Full disclaimer is available here.

Bitcoin is trading around $77,688, below the 5/8 Murray level and within a downtrend channel that has been forming since early September. Bitcoin could continue to fall in the coming days and reach the 4/8 Murray level around $75,000.

A technical bounce is expected around $77,313. If the instrument consolidates above this zone, it could be seen as an opportunity to open long positions in anticipation of a decisive breakout above the uptrend channel around $78,900, after which BTC could climb to the 6/8 Murray level around $81,250.

A pullback toward the $78,900 zone—where the price coincides with the top of the downtrend channel—could be seen as a signal to sell, in anticipation of the price reaching the 200 EMA around $75,209 in the coming days.

Technically, Bitcoin is in an oversold zone, so we believe it could continue to rise in the coming hours; however, we must remain cautious as the downtrend could resume.

A good idea for opening long positions would be to wait for Bitcoin to reach $75,000, as this zone coincides with the 200 EMA, the lower band of the downtrend channel, and the 4/8 Murray level, which represents solid support.

Back to the list

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.