Bitcoin acting like a little brat.
Updated
There are a lot of diverse opinions about Bitcoin, right? The only issue is, I don't know how they are completely certain that they are right! Perhaps I am overly doubtful.
----- There was a bullish flag formation on the Bitcoin *weekly* chart. To finish the flag pattern, Bitcoin needs to end September with a monthly close between $68,000 and $70,000. This is the optimal outcome. If it falls within the range of $65,000 to $68,000, it is likely to proceed but caution is advised.
----- However on the same time , a bearish triangle was formed on the *monthly*chart of Bitcoin. so if monthly close below $62,000 is considered bearish.
-----if it ends from $62,000 to $65,000, the irritating consolidation will persist.
For the benefit of altcoins, Bitcoin needs to hit $68,000. For what reason? Due to the fact that many of them have passed away and been interred! The crypto market needs $68,000 to continue operating.
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I believe BTC will hit (only hit, not closing!) $68,000-$70,000 within the upcoming days. Following that, I would patiently await the market's decision. Do not touch BTC and focus on altcoins with both eyes. TAO, FTM, SUI, CKB, and RSR appear to be in a positive trend. Some individuals like TIA,CFX,NEO,NEAR,IMX and etc have the ability to increase their daily movement by 30% to 50%. However, cash out your earnings and be patient for Bitcoin.
----- There was a bullish flag formation on the Bitcoin *weekly* chart. To finish the flag pattern, Bitcoin needs to end September with a monthly close between $68,000 and $70,000. This is the optimal outcome. If it falls within the range of $65,000 to $68,000, it is likely to proceed but caution is advised.
----- However on the same time , a bearish triangle was formed on the *monthly*chart of Bitcoin. so if monthly close below $62,000 is considered bearish.
-----if it ends from $62,000 to $65,000, the irritating consolidation will persist.
For the benefit of altcoins, Bitcoin needs to hit $68,000. For what reason? Due to the fact that many of them have passed away and been interred! The crypto market needs $68,000 to continue operating.
------------------------------------------------------------------------
I believe BTC will hit (only hit, not closing!) $68,000-$70,000 within the upcoming days. Following that, I would patiently await the market's decision. Do not touch BTC and focus on altcoins with both eyes. TAO, FTM, SUI, CKB, and RSR appear to be in a positive trend. Some individuals like TIA,CFX,NEO,NEAR,IMX and etc have the ability to increase their daily movement by 30% to 50%. However, cash out your earnings and be patient for Bitcoin.
Trade active
As I mentioned earlier, "a little brat."
The monthly BTC closing price was 63,370. Things were fantastic until the final day of the month!
In any case, BTC will once again trade horizontally. There will be no significant crash or surge in the near future.
Keep in mind that BTC can shift from a bullish to bearish outlook, or the other way around, therefore, exercise caution and follow the market's direction. Hold off on making predictions, and instead, adapt to the market as it evolves.
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