🅱️ Bitcoin Moving Towards $35,000 Or Higher Coming Months...

12 Sep 2023

We just witnessed another major bullish shakeout, market players killing longs, yet the chart structure stays the same.

Bitcoin (BTCUSD 4H) is trading in August/September within a higher low compared to June 2023. This is the main and most important signal.

The fact that the recent drop produced a major and strong bullish divergence with the MACD and RSI gives further strength to the assumption that this corrections low is in.

Things can still vary, the market is unpredictable and can always continue to shake but, as the month develops, we can see higher and higher prices and even higher as October, November & December come into play.

There is possibility of prices rising for many months, maybe until late December but it is too early to say. Since this is a short-term timeframe, short-term we can also expect growth.

✔️ Bitcoin is strongly bullish above 20K, the current price is trading above $25,800+, so, ultra-bullish Bitcoin short-, mid- and long-term.

Higher highs and higher lows since November 2022.
This is a period of consolidation, very soon we move up.

✔️ Major bull market in late 2024.
✔️ New All-Time Highs in 2025.

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Namaste.