Bitcoin dropped 4% from its weekly high of $87,363, settling near the $84,000 range on September 26, 2026. The price correction followed the Federal Reserve’s decision to raise its benchmark interest rate by 25 basis points to a 3.75%-4% range on September 16. Despite rising borrowing costs, institutional appetite has not waned: capital inflows into spot Bitcoin ETF products continued throughout the pullback.
Buyers’ efforts to push prices higher have run straight into the order book. A thick cluster of high-volume sell orders is currently stacked just above the prevailing market price.
$1,000 Away From the Sell Zone
Buyers need an additional $1,000 push from current trading levels just to touch the lower bound of the initial supply zone. Price action must break above the $85,800 level to shift market focus back toward the 4-hour Supertrend and the weekly high.
Short-term indicators have yet to signal fresh buying momentum. Four-hour chart data shows the Awesome Oscillator falling to -579.84. The momentum gauge’s histogram bars have also crossed below the zero line into negative territory, confirming that short-term buying strength is fading compared to the broader daily trend.
The tug-of-war between buyers and sellers is evident on the liquidation map. Data shows significant liquidation clusters closely flanking both sides of the $84,000 trading boundary.
Daily Chart Preserves Bullish Structure
Short-term pressure has yet to disrupt the longer-term bullish posture. Daily chart analysis shows Bitcoin’s price action continues to hold above the midpoint of the 20-day moving average.
The daily Relative Strength Index (RSI) sits at 63.94, confirming that momentum remains within the buyer-dominated 50 to 70 range. The momentum indicator also holds firmly above its own moving average at 61.27.
The accumulation of liquidation levels flanking $84,000 has pinned Bitcoin into a narrow range. For day traders, this crossroads keeps both sides on hold, waiting until one of the order walls is cleared to pave the way for a new trend. Source: crypto.news.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
