#TopCoinsSeptember
The solid rebound of the 50-day Simple Moving Average (SMA) shows that the bulls are fiercely defending the level. The relief rally is expected to face selling at the 20-day Exponential Moving Average (EMA) of $99,142. If the price falls sharply from the 20-day EMA, the possibility of a break below the 50-day SMA increases. The BTC/USDT pair could fall to $85,000 and eventually $73,777.
On the upside, bulls will have to push and hold the price above the 20-day EMA to suggest selling has slowed. This raises prospects for a retest of the all-time high of $108,353.