Bitcoin Price Bounces Back as 13 Moving Averages Flash Green
Bitcoins price reclaimed $84,000 on Tuesday, Sept. 29, climbing approximately 1% over 24 hours as buyers attempted to repair the damage from a retreat off the $87,374 high. With BTC trading between $83,960 and $84,341 during the morning snapshot, the daily moving averages continue to favor the bulls, although shorter timeframes reveal a recovery still wrestling with overhead resistance. Key TakeawaysBitcoins price reclaimed $84,000 on Sept. 29 after bouncing from the $82,555 local low. At press time, the price stands between $83,960 and $84,341.Market data via the 24-hour timeframe shows 13 moving-average (MA) bullish signals, with bitcoins 10-period SMA the lone bearish reading.Bitcoins price faces resistance at $85,131 and $87,374, while $82,555 remains the key downside threshold. 1-Hour Chart: Buyers Return, but $85,131 Stands in the Way Bitcoins price on the hourly chart tells quite a story, beginning with the Sept. 17 low near $74,962 and a sharp advance to $87,374 around Sept. 21-22. That rally subsequently ran out of steam, giving way to a multiday decline and another retreat into the upper $82,000s on Sept. 28. BTC/USD 1-hour chart via Bitstamp on Sept. 29, 2026. Tuesday‘s rebound toward $84,310 puts buyers back in the driver’s seat around the $84,000 liquidity marker, although the broader









