Bitcoin (BTC) Price Prediction for September 18

All coins from the top 10 list are in the green zone today, according to CoinStats.

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Top coins by CoinStats 

BTC/USD

The price of Bitcoin (BTC) has risen by 0.74% over the past day.

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Image by TradingView

On the hourly chart, the rate of BTC has set a local resistance of $117,865. If the daily bar closes near that mark, growth may continue to the $118,500 mark.

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Image by TradingView

On the longer time frame, the price of the main crypto is also more bullish than bearish. 

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If bulls can hold the gained initiative, the accumulated energy might be enough for a move to the $119,000-$120,000 range.

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Image by TradingView

From the midterm point of view, the rate of BTC keeps rising for the third week in a row. However, the price is far from the key levels, which means the coin might need more time to gather energy for a further sharp move. In this regard, sideways trading in the zone of $115,000-$120,000 is the most likely scenario.

Bitcoin is trading at $117,354 at press time.

Source: https://u.today/bitcoin-btc-price-prediction-for-september-18