Bitcoin Confirms Key Retest at 20-Week EMA $98K as Critical Support

By September 26, 2025, 08:48 UTC, when the price of Bitcoin ($BTC/USD) is fixed at 109,649.31, it has fallen by 5,632.96 (-4.89) within 24 hours. The coin revisits the 20-week Exponential Moving Average (EMA) at 109,579.94 that the institutional and retail traders observe to confirm the medium-term trend. The 50-week EMA is at the level of $98,000, which the 50-week EMA marks as the major downside red line to support the sustainability.

Technical Signals Affirm Short Term Weakness

The $BTC 24 hour trade volume is 28,830 $BTC and this indicates high market involvement. The surge is after two biggest liquidations of the year which caused high price movements in leveraged positions. A large amount of trading around the level of EMA means that traders are highly responsive to technical indicators, making market volatility of short duration higher.

MACD (12, 26 close, 9 signal) has MACD line of 1,131.44 under signal line of 4,936.59 has a histogram of 6,068.04 indicating bearish momentum. In the meantime, the RSI (14 close) amounts to 52.85. Both the neutral RSI and the MACD histogram approaching the value of zero indicates that $BTC is in a consolidation period. The next directional change was not in delay.

Moving Averages and History Price

The chart covers the period between 2024 and 2026, and it indicates the growth of Bitcoin between approximately 40,000 and 109,649 with the pullbacks following the EMA levels. Long term support is given by the 200 day EMA at $82,746.55. The present retest at the 20-week EMA has been historically one of the trends that have catalyzed positive momentum as part of bull runs and therefore is important as a level that defines trends. Lark Davis notes that a decline to the 50-week EMA ($98,000) would not be a critical point but would be the point at which more corrective measures. This was a safety net. As a break below this line will add to the selling pressure and lead to more liquidations.

Power of Liquidations and Greater Markets

The two biggest liquidations in 2025 had a huge effect on the short-term movement of $BTC and that is the influence of high leverage positions. Bitcoin also is sensitive to equity markets and has shown correlation in macroeconomic occurrences. Any significant decline in equities can put pressure on $BTC and stabilization can help in a recovery. The post recommends tracking $BTC in the area of 20 weeks EMA, and active traders should mark the 50-week EMA at $98,000 as a critical support level.