For the past few days, there have been serious efforts to secure a close above $58k for Bitcoin. Despite all these efforts, I believe the price will range between $52-$54k in September.
Unless stated otherwise, I will make new Bitcoin purchases in this range. If the price can hold at $52-$54k, the market will likely aim for a new ATH before the year ends, sidelining buyers expecting $42k. If the level doesn't hold, there is a higher likelihood of another 15-20% retracement, prompting a cautious approach and potential quick rotations.
Wishing everyone profitable trades.
#DOGSONBINANCE #TelegramCEO #CryptoMarketMoves #BTCâ #Bitcoinâ
