Bitcoin Price Consolidates After Last Week’s Volatility

Bitcoin prices have risen on September 23 after a slight decline in the price of 24 hours in the past. Currently, the cost per BTC is approximately $ 3,775, which is after reboot after yesterday's $ 3,510 reduction.

Bitcoin is the price unit after Chinese checkout last week
After our last market update report the bitcoin is coming forward and coming back in the price. Overall, Bitcoin thinks optimistic about projections because China's regulatory action is slowly turning to distant memory. After falling below $ 3K, the price dropped back to $ 3,800-4,000 in most weeks of the week.
On Friday, September 22, the price stability in Bitcoin in the region increased to the south - 5% fall in prices and some 3,600 lovers of lover. After some consistency in the last 12 hours, buyers stepped back into the business area, and in the morning, the prices reached $ 3,798.

Technical Analysis
The technical indicators and order books of the popular exchange show some of the strong resistance of $ 3,800-3,900 over the press time. Bitcoin markets look good after a few days because the price exceeds the 125-day average. As per the weekly chart that shows in the weekly chart that the average average 100 (SMA) average is below 200 SMA indicates that the recession can not be still on the trend. The corresponding strength indicator (RSI) level is relatively stable, but the Stochastic oscillator suggests that smaller subroutine will now be reduced. The index indicates that it is likely that the price will see some other consistency within the current price zone within the next 12 hours.