đ#BitcoinUpdate:
- BTC price fluctuated around $63,600 - $62,843 in the last 36h.
- Currently below 50-day EMA but above 200-day EMA (4h chart).
- Bollinger Bands show that price may be slightly oversold, short-term volatility forecast.
đ STH & LTH Analysis:
- STH (short-term) is at high risk, may sell off if BTC below $61,600.
- LTH (long-term) tends to take profit at the end of September.
đ Q4 Forecast:
- History shows that BTC usually increases strongly in Q4.
- Forecast 30-60% increase, 40% chance of reaching $100k by the end of the year.
đŹ What do you think about this forecast? Comment! đ#Crypto#Blockchain#Finance#BTC
