Stock market analytics, financial forecasts

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Trading Signals for BITCOIN on September 7-9, 2026: sell below $79,883 (21 SMA - 4/8 Murray)
11:06 2026-09-07 UTC+00
Exchange Rates analysis

BTC is trading below the psychological level of $80,000, and we believe it could continue to fall in the coming days until it reaches the lower band of the downtrend channel, located around $76,500. If bearish momentum prevails, the cryptocurrency could reach around $75,000.

Given that during the Asian trading session, BTC attempted to break above $80,300 but encountered strong resistance, this could now signal a continuation of the downtrend.

If BTC consolidates above $79,883 in the coming hours, we could expect it to reach $81,250; this zone represents the 6/8 Murray level, which could act as a strong barrier.

Provided that BTC gets stuck under downward pressure below $81,250, the outlook remains negative, and we reckon that the price could reach $75,000 in the coming days and even the psychological level of $70,000.

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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.