Bitcoin has shown surprising volatility, aligning with gold's recent surge, reaching new September highs of $111,775. Despite the upward momentum, analysts caution about the possibility of a dip towards $100,000 in the coming days. The performance comes amidst a historic peak for gold, now exceeding $3,500 per ounce, driven by favorable US macroeconomic data. Analysts emphasize a critical moment for Bitcoin, noting strong technical indicators that could support or hinder its price action. Predictions for September suggest that Bitcoin typically experiences declines in the third week, with historical data showing losses about 100% of the time, averaging around 5%. This volatility has traders in a cautious state, weighing the probability of continued gains against a potential market reversal.

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