Will Bitcoin Be $84,000 in September? Famous Analyst Comments on BTC with Charts!

#Bitcoin price touched $65,000 for the first time in a long time in futures today and then settled above $64,000 in the spot market. The statements made by the Fed yesterday had an important place in this price movement. The statements made were interpreted as being ready for a rate cut and the BTC price rose accordingly. This rise also had a positive effect on the rest of the market. So let's see what market analysts are thinking right now.

An analyst named Bluntz stated to his thousands of followers on the social media platform X that a new five-wave rise may have started after Bitcoin's $62,000 resistance was overcome, which could support BTC's move to an all-time high.

The analyst applied the Elliott Wave theory, which suggests that a bullish outlook usually exhibits a five-wave upward movement before significant price corrections, to BTC. Bluntz said the following on the subject: "We managed to break out, we are now quite confident that we will reach a new all-time high."

According to the analyst's analysis, #Bitcoin can reach $84,000 as a result of a series of movements in mid-September. As of writing time, Bitcoin continues to find buyers in the $64,000 region after an increase of more than 5% in the last 24 hours, which is thought to have been significantly affected by the interest rate cut announcement made by Fed Chair Powell.

The analyst also made statements about Solana's (SOL) rival Sei, stating that SEI is on the verge of a significant rise against Bitcoin and the US dollar.

I think #SEI is about to explode. The SEI/BTC pair has a weekly bullish outlook. SEI/USD has a clear five-wave rally from the lows and has already experienced a nice pullback AND heavy negative funding.