Bitcoin will go higher π
$BTC attempted to rally yesterday but couldn't break out of its triangle formation. However, with shifting election odds and a slightly favourable risk-on environment, Bitcoin might try to break higher again. Still, significant risks loom, possibly leading to a correction later in September before a potential rebound by year-end.
All three of our reversal indicators show a strong rebound, with momentum outpacing their slower-moving averagesβan encouraging sign that market technicals are improving. A rally towards $65,000 is within reach.
Source: 10XResearch
βοΈ X Crypto Vibes
$BTC attempted to rally yesterday but couldn't break out of its triangle formation. However, with shifting election odds and a slightly favourable risk-on environment, Bitcoin might try to break higher again. Still, significant risks loom, possibly leading to a correction later in September before a potential rebound by year-end.
All three of our reversal indicators show a strong rebound, with momentum outpacing their slower-moving averagesβan encouraging sign that market technicals are improving. A rally towards $65,000 is within reach.
Source: 10XResearch
βοΈ X Crypto Vibes