A Big Test for Bitcoin π The Daily Chart Report
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Todayβs Summary
Friday, September 26, 2025
Indices: Russell 2000 +0.97% | Dow +0.65% | S&P 500 +0.59% | Nasdaq 100 +0.44%
Sectors: All of the 11 sectors closed higher. Utilities led, gaining +1.63%. Consumer Staples lagged, but still finished positive +0.24%.
Commodities: Crude Oil was flat at $65.19 per barrel. Gold rose +0.25% to 3,790 per oz.
Currencies: The US Dollar Index fell -0.27% to $98.18.
Crypto: Bitcoin is currently up +0.42% to $109,484. Ethereum is up +3.88% to $4,026.
Volatility: The Volatility Index dropped -8.61% to 15.29.
Interest Rates: The US 10-year Treasury was unchanged at 4.174%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
π Today's Chart of the Day was shared by Alfonso De Pablos (@AlfCharts).
- Despite todayβs bounce, Bitcoin is on pace for its worst week since March, down -5% with two days left in the week. It's still up +1% for September with three days before the monthly close.
- Alfonoso notes that Bitcoin is testing a critical area of support between $107k - $110k. It peaked at this level after the election and again in January, before breaking out and turning into support this Summer.
- The AVWAP from the April low further reinforces the significance of this area. Price has formed a potential Head & Shoulders Top in recent months. However, breaking above the right shoulder at $118k would invalidate the top and open the door for fresh highs.
The Takeaway: Bitcoin is on track for its worst week since March as it tests a critical area of support around $107 ~ $110k. The outcome of this test will be very revealing as Bitcoin has been an excellent leading indicator for Stocks and risk appetite.
Quote of the Day
"Better to be slapped with the truth
than kissed with a lie."
- Russian Proverb
Top Links
My Cheat Code Chart - Alfonso's Daily Note
Alfonso De Pablos checks on the Consumer Ratio ($XLY/$XLP) and its message for the broader market.
Retail Bears Finally Back Down - The Daily Number
Grant Hawkridge breaks down the latest AAII Sentiment numbers.
Stock Market & Crypto Analysis for Week Ending 9/26/25 - Brian Shannon
Brian Shannon reviews this week's price action and some key levels to watch for next week.
Hanging Out - The Weekly Trend Podcast
Ian McMillan and Kevin Firari discuss the notable trends and themes across the markets.
New Sheriff in Town. These Are the New Rules - TrendLabs
JC Parets offers a new definition for Small Caps.
Top Tweets