📈【Bitcoin is at a critical moment again! Are you ready? 】

Hey, friends in the cryptocurrency circle! Today we are going to talk about the latest developments of Bitcoin and see what surprises this magical digital currency has brought us.

Recently, Titan, a well-known Crypto analyst, said on September 15 that Bitcoin is retesting a key support level on the weekly chart, which could allow Bitcoin to rebound to more than $90,000. Titan pointed out that in previous cycles, when Bitcoin prices retested the 50-week simple moving average, they usually rebounded by at least 40%, and the average rebound rate was as high as 71%. If Bitcoin can rise by 71% again this time, it may reach $92,000! Doesn't it sound exciting?

However, historical data tells us that September has always been a poor month for Bitcoin, with an average return rate of -4.69%, the most pessimistic month of the year. But don't lose heart! According to CoinGlass data, Bitcoin usually performs well in October, November and December. The average return rate was 22.9% in October, 46.8% in November, and 5.4% in December. In particular, in the last Bitcoin halving cycle (2020), Bitcoin rose by more than 27% in October and more than 42% in November, and this wave of gains continued until March 2021.

Cryptocurrency trader Mags also said on September 15 that the current adjustment may be the last potential buying opportunity before the next round of gains. He believes that Bitcoin provides three buying opportunities before it presents a parabolic trend, and the last one is after the halving. Mags's point of view is that this may be your last chance to buy low before Bitcoin presents a parabolic trend.

Anonymous on-chain analyst Checkmate also pointed out that Bitcoin is currently positioned in exactly the same way as the previous two bull market cycles. He believes that Bitcoin is in exactly the same position as the last two cycles since the low point, and this comparison of the cycle lows describes the psychological time it takes for investors to recover from the bear market.

Overall, the future trend of Bitcoin is full of uncertainty, but also full of opportunities. Whether you are holding on to your coins or preparing to enter the market, this is a moment worth paying attention to.

Friends, what do you think of the future trend of Bitcoin?Welcome to share your views and opinions in the comment section, let us explore this volatile market together! 💬

(Note: This article is for reference only and does not constitute investment advice. Investment is risky, so be cautious when entering the market.)