OddTick

Archives
Log in
Subscribe
September 18, 2026

Bitcoin holds its bull trend above both averages…

Bitcoin holds its bull trend above both averages, pressing against a lightly tested ceiling.

BTC $78,234.2, +2.46% on the day. Regime: bull.
OddTick Friday, September 18

Bitcoin holds its bull trend above both averages, pressing against a lightly tested ceiling.

$78,234.2 +2.46% bull

Bitcoin trades at 78,234.20, sitting above both its 20-day average (76,975.05) and its 50-day average (73,850.40), keeping the broader trend classified as a confirmed uptrend. The coin is up 2.46% over the past 24 hours and 1.33% over the past week, with the 24-hour range spanning roughly 75,900 to 78,400 and the 7-day range a touch wider on both ends. Momentum over the past month has been strong — up over 20% on a 30-day view — even though the last two weeks alone show a mild pullback. Sentiment sits at 56, labeled Greed, unchanged from a week ago, suggesting no fresh shift in crowd mood despite the price gain.

Funding on both BTC and ETH perpetuals is running slightly positive but very low in magnitude, which points to a market that isn't crowded with leveraged longs paying up aggressively right now. Open interest in BTC contracts sits near 2,288, a current reading rather than a trend signal on its own. The rotation metric reads 2.56, indicating some capital movement toward alternative assets alongside the BTC move, though this is a snapshot rather than a sustained pattern. As of this writing, order flow over the last 30 minutes shows aggressive buyers taking about 77% of volume, with two small whale buy prints (roughly $96,000 combined) and no whale sell prints in that window — a short-lived read that can flip within the hour.

Price is currently sitting much closer to the upper boundary of its recent range than the lower one, with that ceiling only lightly tested so far — a handful of touches versus dozens of tests on the floor below. The floor has proven far more durable, having absorbed repeated tests without giving way, while the ceiling above has seen comparatively little pressure and its reliability is less established. The gap between the two boundaries is relatively narrow right now, meaning the band bitcoin is trading within has been tightening rather than widening. With price pressing toward the less-tested side, how that boundary behaves under further tests remains an open question rather than a settled one.

BTC Snapshot
24-hour +2.46%
7-day +1.33%
20-day average $76,975.05
50-day average $73,850.4
Key Levels
Resistance
tested 5×
$78,395.2
Last price $78,234.2
Support
tested 75×
$77,180.87
Sentiment
Fear & Greed
56 a week ago
56 · Greed
24h range $75,936.5 – $78,414.5
What to take from it
• BTC trades above both its 20-day and 50-day averages, keeping the bull regime intact; 24h move +2.46%, 7d +1.33%.
• Funding is mildly positive but low on both BTC and ETH; open interest and alt rotation are current readings, not directional signals.
• Price sits close to a lightly tested upper boundary and well above a heavily tested floor, with the trading band narrowing; order flow was skewed toward buyers in the last 30 minutes but that can change quickly.
Headlines
CNBC
Bitcoin is set to hit a key level by next year as fiscal worries prop up the cryptocurrency: VanEck
Barron's
Why Bitcoin and Strategy Stock Are Rallying Against All the Odds
Yahoo Finance
Equitable (EQH) Just Put Bitcoin Inside a Retirement Annuity
Forbes
Deutsche Bank To Launch Bitcoin And Ether Custody This Year
See the live dashboard →

OddTick reports what the market is doing, measured by an automated system, for informational purposes only. It does not make trade recommendations, does not predict prices, and makes no claim that acting on this information is profitable. Nothing here is financial advice. Crypto assets are volatile — never trade money you can't afford to lose.

OddTick · Patrick Register · PO Box 472 · Christiansburg, VA 24068

Unsubscribe  ·  oddtick.com

Don't miss what's next. Subscribe to OddTick:
← Newer Bitcoin holds its bull trend above both averages, now… Older → BTC's bull trend holds, but price sits below its 20-day…
Powered by Buttondown, the easiest way to start and grow your newsletter.