Fed hiked and Bitcoin rose: today's close sets the tone for the next 10 days

Sep 17, 2026

Bitcoin held up after the Fed rate hike, and a green close today would tilt the odds toward a slow, sideways-to-up grind into the end of September — mildly good news for holders, with the bigger rally still expected in October.

  • Bitcoin needs to close above the low-76K mark today to keep the short-term bullish read intact; history says a green post-hike day usually leads to small gains into Friday.
  • Daily momentum just turned up from oversold territory for the first time since June, the same setup that marked the last two big bounces including the macro low near 57.7K.
  • A pullback toward the 55-day moving average is still expected, but the longer Bitcoin delays it, the higher that target drifts — likely near this week's lows around 75K.
  • The recent golden cross on the daily chart historically pays off after 10–14 days and could push Bitcoin back toward 90K–100K within two months.
  • Ethereum and Zcash look stronger than Bitcoin right now, with Ethereum holding its range bottom and Zcash breaking out to new highs.

Outlook: Expect sideways-to-slightly-up trading into month-end, then a stronger push higher in early October, with six-figure Bitcoin before year-end still on the table.

## Bitcoin Levels

  • **Bias:** Short-term neutral-to-slightly bullish; medium-term bullish
  • **Buy / accumulate:** The zone between the current trending higher low and the reclaimed May lower high (roughly the 75K area, this week's lows); daily DCA continues
  • **Support:** $76,173 (today's key close level); $75,000 (this week's lows); 55 EMA test expected
  • **Resistance:** $78,657 (Rebin Ribbons mid-band; daily close above signals the low is in); $78,450 (golden cross price); $79,300–$79,400
  • **Targets:** $78,000 short-term (would look strong on a weekly close); $90,000–$100,000 within about 60 days if the golden cross plays out; six figures before year-end
  • **Invalidation:** A daily close below $76,173 today shifts the bias to a red next 10 days; a break below the trending higher low would reopen downside

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