BTC Update as of September 14:
Current Sentiment: Bullish (Recovery)
Daily (D1): The standard contribution increase continues despite yesterday's positive CPI news favoring the USD. Bulls have been persistent in their efforts to drive the price up from the 25,000 area over the past two days.
4-Hour (H4): The price is currently consolidating within the 26,000 to 26,200 range. Overall, it remains in a broad horizontal range.
1-Hour (H1): The price is exploring levels near the lower range of 25,700 to 25,800 and shows signs of upward movement after descending. It is creating higher levels around 26,500.
In summary, BTC appears poised to continue its upward momentum, aiming to locate supply around the 27,100 level, which had previously marked a bearish structure.