$BTC Based on historical chart patterns, Bitcoin could see a breakout in September, with $86,000 likely to be the next major price target.
#比特币价格突破 will be in September
According to data from popular analyst Rekt Capital, Bitcoin prices are expected to break out in September based on chart patterns following previous halvings.
The analyst wrote in an Aug. 18 post to his 493,000 followers:
“Bitcoin tends to enter the parabolic phase of the cycle approximately ~160 days after the halving. If history repeats itself, Bitcoin could be just over a month away from a breakout. That’s late September.”