BTC Forecast 17-Sep-24
Further to my post last week 09-Sep-24 & on 03-Sep-24,
BTC: 61000
The supports are working fine as proposed on 03-Sep-24 at 52650-52750 ( Previous Feb 24 high) and Fib Support 51750, further downside 44736 ( Fib support) to watch out.
Supports provided with clear mark up in the chart.
Currently BTC broke the SMA 50 and near 61000. The SMA 200 is at 61400 level and also Fib retracement 0.618 is scheduled at 61400 as shown in chart.
If this resistance is crossed decisively, high likely BTC will inch towards the all time high 73750 levels.
Comment
RSI at 54 ( >50%) and MACD crossed the Signal 
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