Today, Bitcoin is showing strong bullish momentum as it holds steady above $63,500, supported by positive market signals. After a week of consecutive gains, BTC has broken through key resistance levels, with traders eyeing potential moves toward $64,200 and $65,000. Analysts point out that if Bitcoin can maintain support above $62,500, a further rally could be on the horizon. This comes as Bitcoin dominance reaches highs not seen since 2021, though some signs suggest altcoins may begin to strengthen.

Interestingly, September 2024 is shaping up to be one of Bitcoin's strongest on record, defying the usual downward trend for this month. Historical data suggests that if Bitcoin closes this month in the green, it may continue to see gains through October and beyond.

While the technical indicators remain bullish, the market remains highly volatile, so traders are watching closely for any shifts that could affect Bitcoin's price trajectory.