

Market Outlook · Rami Hadad · September 4, 2026
Evening Update on Bitcoin Price Today 04-09-2026
Bitcoin (BTCUSD) rebounded with a rise during its latest intraday trading, after experiencing a sudden and sharp loss early on, based on support from its 50‑period simple moving average, which gave it positive momentum that helped it hold against this severe pullback. The price was able to offload its buying pressure via relative strength indicators, giving it a wider space to recover and target new resistance levels in the near term, amid a prevailing short‑term bullish trend.
Crude oil prices rose during their latest intraday trading, thanks to the resilience of the key support level at $87.00, which gave it positive momentum that helped it rebound strongly, reducing most of its early losses for the day. Relative strength indicators reached heavily oversold selling zones, amid a prevailing short‑term bullish trend, with continued positive pressure from trading above the 50‑period simple moving average, enhancing the chances of extending those gains in the near future.
Gold (GOLD) exhibited volatile trading in its latest intraday levels, affected by negative pressure from trading below its 50‑period simple moving average, with negative signals from relative strength indicators after reaching heavily oversold selling zones. The price's recent decline was anchored at the $4,400 support level, which provided some positive momentum that helped it hold and rebound again, indicating a continued possibility of recovery in the near term.
The EUR/USD pair experienced volatile trading in its latest intraday levels, amid continued negative pressure from trading below its 50‑period simple moving average, with the pair attempting to offload its buying pressure via relative strength indicators, especially with negative signals from them, in an effort to gain positive momentum that could help it relieve this negative pressure, while being affected by a breach of a short‑term corrective trend line.
Related articles
- Gold Stalls at $4,190 as Traders Test $4,140 Support
- Yields Surge as Long-Term Debt Costs Challenge Equity Markets
- AI Deregulation Greenlights Market Capex Spree Despite Escalating Safety Concerns
- FTSE 100 Dip Triggers Aggressive Bullish Sentiment Among Traders
- Revolut Eyes Swiss Banking License to Challenge Local Financial Giants
- McDonald’s Shifts Strategy: Why Plant-Based Burgers Failed in the U.S.

