Key Takeaways The daily chart still favours the rebound. Weekly resistance still blocks a broader reversal. $80,000-$82,300 remains a major barrier. Hidden bearish RSI divergence adds weekly
Bitcoin traded near $78,400 at the time of writing after the $76,500-$77,000 range held through two pullbacks. Our previous Bitcoin price analysis identified this area as important support after it had capped the earlier advance. Bitcoin is now bouncing from it instead, offering early evidence that the former ceiling may be turning into a floor. The current daily candle must still close before the latest retest can be considered successful.
The support zone also contains the 23.6% Fibonacci retracement near $76,500. The retracement is measured from Bitcoin’s June low around $57,700 to its August high of $82,300. In practical terms, Bitcoin has given back part of that advance and is now testing whether the first major retracement can hold.
On the daily timeframe, Bitcoin remains above the 50-, 100- and 200-period moving averages shown on the chart. Its RSI has also moved back above 50, supporting the recovery from the mid-$70,000s.
Bitcoin daily chart shows the 23.6% Fibonacci level acting as support. The picture changes on the weekly chart. Bitcoin remains below its 50-week SMA and has not overcome the horizontal resistance above the current price. The rebound is therefore caught between a support zone that continues to hold and a broader resistance area that has yet to give way.
Bitcoin weekly chart shows resistance and a potential hidden bearish RSI divergence. The weekly RSI adds another reason to avoid treating the bounce as a completed trend reversal. Between the two latest peaks shown on the chart, Bitcoin’s price has formed a lower high while the RSI has produced a higher high. This creates a potential hidden bearish divergence.
Traders commonly interpret this pattern as a possible continuation warning: momentum improves, but the price still fails to produce a higher high. It does not guarantee that Bitcoin will fall, particularly because the weekly candle was still open when the chart was captured on September 14.
The signal would become more meaningful if Bitcoin stalls beneath resistance and turns lower again. A decisive move above the resistance range would weaken that interpretation.
The next challenge begins near $80,000, where the rebound meets a psychological barrier and the 50-week SMA. Above that sits the August high around $82,300, which marks the upper boundary of the current resistance range.
A move above $80,000 would clear the immediate psychological barrier, but it would not confirm a weekly trend reversal by itself. Bitcoin would still need to reclaim the 50-week SMA and close above the August high. That sequence would improve the weekly structure and weaken the developing bearish divergence.
Above $82,300: Bitcoin would break the immediate lower-high pattern that remains visible on the weekly chart.
Below $76,500: The daily support zone would fail, putting $73,000-the 38.2% Fibonacci retracement—back into focus.
A daily close below $76,500 would lose both the rounded Fibonacci level and the lower boundary of the wider support zone. A brief intraday move below it would provide weaker evidence of a breakdown if Bitcoin recovered before the candle closed.
The first downside reference would be the 38.2% retracement near $73,000. Below that, the chart shows a larger support area between $70,000 and $71,400. This range combines the 50% retracement near $70,150, the daily 200-period SMA around $70,200 and the daily 50-period SMA near $71,420.
These are contingency levels rather than immediate targets. They would become relevant only if repeated visits to $76,500-$77,000 absorb the demand currently defending the zone and produce a confirmed breakdown.
Bitcoin’s defence of $76,500-$77,000 keeps the daily recovery intact, but the weekly structure will remain unresolved until price clears the 50-week SMA and the August high. That test comes during an important policy week, with a procedural cloture vote related to the CLARITY Act scheduled for September 15 and the Federal Reserve decision due on September 16.
Chart methodology: Coinbase BTC/USD data from TradingView, captured on September 14, 2026, at 15:00 UTC. Fibonacci levels were measured from the June low near $57,700 to the August high around $82,300.
This article is provided for informational purposes only and does not constitute financial or investment advice. Technical levels can change as market conditions develop.
The post Bitcoin Price Rebounds From $76,500: Resistance Levels to Watch appeared first on Coindoo.
