As Bitcoin closes August in the red, concerns arise about potential further declines in September, a month historically unfavorable for Bitcoin, with average returns down around −3.80%. However, some analysts believe Bitcoin may avoid a significant drop this year, drawing parallels to previous years where September yields positive returns after tough August performances. Current trends suggest Bitcoin is stabilizing between $105,000 and $110,000, which could act as a launchpad for a price increase. Important technical signals, such as hidden bullish divergence, indicate underlying strength despite recent price drops. Additionally, with a weaker dollar anticipated and possible Federal Reserve rate cuts, Bitcoin's prospects for recovery can improve this September, potentially allowing it to reach new highs within weeks, as seen in previous cycles. Despite warnings about the seasonal tendencies, market sentiments could shift positively. Analysts forecast that Bitcoin may retest all-time highs as external economic factors favor its growth. Investors are reminded to conduct their own research before making decisions.

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