**Bitcoin Holds Support Amid Market Jitters**

Bitcoin (BTC) managed to maintain short-term support on September 17, despite a dip in overall crypto market sentiment. After a sharp sell-off on Wall Street, BTC/USD stabilized, reclaiming $58,000 during the Asia trading session.

Key points:

- The 21-day moving average (SMA) at $57,858 acted as a support level.

- The 50-week SMA at $53,945 is seen as a crucial long-term support.

- Traders like Jelle and Keith Alan emphasize the importance of these moving averages.

Market sentiment took a hit, with the Crypto Fear & Greed Index dropping to 33/100, signaling a shift from "neutral" to "fear" after a minor BTC price drop.

Stay tuned as traders debate whether Bitcoin will hit new highs or face further declines.