trading at a loss, it remained above the crucial $27,000 price range. By the close of trading on 19 September, it had gained over 1.6% and was trading at a value exceeding $27,200.
As of this writing, it was priced at around $27,098, experiencing a slight loss of less than 1% in value.Furthermore, any attempt to surpass its short and long Moving Averages , which have acted as resistance levels, has been hindered by the price decline. Nevertheless, Bitcoin still maintained a position above its neutral line, signalling a bullish trend.revealed that BTC continued to exhibit a positive funding rate.
This optimistic sentiment prevailing in the current market is a noteworthy indicator of positive market sentiment.