Bitcoin BTC price trading plan to the end of 2024

Last week was full of macroeconomic events, we write about it at previous idea
Bitcoin BTC price is preparing for a “crazy” September

The cryptocurrency market took them positively and grew on rumors.
There is a legendary quote: “Buy on rumors, sell on facts.”

Therefore, we do not rule out that this week BTCUSDT and the crypto market in general may plunge into correction.
Still, we need BTC.D - 57.7% and USDT.D - 5.50% to fall significantly lower for the market to really “come to life”
Fear and Greed Index (neutral) - 50

As long as BTC price is above $57,000, it is globally in an upward trend and at the same time in a protracted consolidation since May 2024.
Perhaps a confident exit from this consolidation will take place in November, after the US elections on 05.11 and the next Fed rate cut on 07.11
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
bitcoinpredictionbitcoinpriceBTCBTCUSDbtcusdanalysisBTCUSDCBTCUSDTFibonacciHarmonic PatternsTrend Analysis

🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE

🔥V-I-P cutt.ly/PwkLhT56

👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s

🔵Telegram t.me/pstrade_eng
Also on:

Related publications

Disclaimer