HomeUncategorizedWhy is Bitcoin price up today? By Cointelegraph

Why is Bitcoin price up today? By Cointelegraph

September 18, 2023

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© Reuters.

(BTC) price is up today, rising over 2.5% with a sharp upward candle that sent the price to a September high of over $27,400.

The Bitcoin price increase today comes after a flat weekend where BTC held the key $26,000 level, giving confidence to traders and analysts who see this level as crucial.

Bitcoin price. Source: TradingView
Interest rate probabilities. Source: CME Group (NASDAQ:)
BTC balance on exchanges. Source: Coinglass
Bitcoin liquidation data. Source: Coinglass
Bitcoin short vs. long ratio. Source: Coinglass
Bitcoin Fear & Greed Index. Source: Alternative.me