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September 2, 2026

BTC holds above its 20- and 50-day averages after…

BTC holds above its 20- and 50-day averages after slipping off a three-month high

BTC $76,578.4, -1.06% on the day. Regime: bull.
OddTick Wednesday, September 2

BTC holds above its 20- and 50-day averages after slipping off a three-month high

$76,578.4 -1.06% bull

Bitcoin remains in a confirmed uptrend: its 20-day average near 74,557 sits above the 50-day near 70,232, which is what keeps this service calling it a bull regime. Price at 76,578 has pulled back from a recent three-month high, down on both the 24-hour and 7-day windows even as the 14- and 30-day readings still show strong double-digit gains. The 24-hour range ran roughly 76,237 to 78,392, noticeably tighter than the past week's swing up to about 81,461. Fear & Greed sits at 63 — still 'Greed,' but a touch softer than a week ago — consistent with a trend that's intact but has lost some heat.

Funding on BTC and ETH perpetuals is running only mildly positive, not the kind of reading associated with a crowded long or short squeeze setup. Open interest sits near 1,993, essentially flat, which doesn't point to fresh conviction building in either direction right now. The rotation reading is slightly negative, suggesting capital is sitting in BTC rather than moving into alts at the moment. As of this writing, order flow over the last 30 minutes skewed heavily toward selling — aggressive buys made up only about 18% of trades, and whale wallets showed far more sell volume than buy volume; this is a snapshot that can and often does flip within the hour, not a standing condition.

The level structure around current price is lopsided. The resistance band above has been tested more than thirty times without giving way — a genuinely heavily worn ceiling — while the support just beneath has only been tested a handful of times and remains lightly proven. Price is sitting closer to that lightly tested floor than to the well-defended ceiling above it, and the gap between the two has narrowed relative to the wider swings seen over the past week. That combination — a hard ceiling, a soft floor, tightening range — leaves the near-term outcome genuinely unsettled rather than leaning one way. Headlines pointing to geopolitical strikes and inflation concerns line up with today's pullback, but the structural trend above the moving averages hasn't broken.

BTC Snapshot
24-hour -1.06%
7-day -3.08%
20-day average $74,557.17
50-day average $70,232.04
Key Levels
Resistance
tested 33×
$77,468.73
Last price $76,578.4
Support
tested 3×
$76,360.1
Sentiment
Fear & Greed
65 a week ago
63 · Greed
24h range $76,236.9 – $78,391.5
What to take from it
• BTC trades above both its 20- and 50-day averages, keeping the bull regime intact despite a down day and down week.
• Resistance above has been tested over 30 times and held; support below has only been lightly tested a handful of times — price sits nearer the untested floor.
• In the last 30 minutes, flow skewed heavily toward selling with whale sell volume far outweighing buy volume; funding is mildly positive and open interest is flat — all readings that can shift quickly.
Headlines
WSJ
Bitcoin Rally Pauses After Jumping to Three-Month High
Yahoo Finance
Strategy (MSTR) Resumed Bitcoin Accumulation With A 4,603 BTC Purchase
Forbes
Bitcoin Is Suddenly Braced For A Bessent Price Shock As ‘Selling Panic’ Crash Fears Surge
Yahoo Finance
Bitcoin and ethereum prices today, Tuesday, September 1, 2026: Crypto prices falling as inflation concerns persist
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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

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