Bitcoin is currently consolidating within an ascending triangle pattern. Prior to forming this triangle, it made what I believe is a convincing low. I'm anticipating the price to rise towards $70,000. Historically, September hasn't been a strong month for Bitcoin, so it's important to stay cautious. I expect more volatility leading into October, followed by a more sustained rally towards new all-time highs.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.