🚀#Bitcoinneeds to make a “higher high” to sustain its rally after falling below $58K, according to Matthew Hyland. BTC should not fall below $56K to avoid a bearish trend. 📉
🔍 Markus Thielen from 10x Research recommends waiting for BTC to fall to around $40K to enter the market.
📊 Currently, BTC is trading at $59,218, up from $57,925 in the last 24 hours. BTC is down 7.69% over the past week. (Source: CoinMarketCap)
📅 Hyland predicts BTC will “range” ahead of the November 4 US election and that September will be “mostly sideways.”
💡 Cointelegraph suggests that September may not be as boring as it once was as miner selling pressure has stabilized and the stablecoin supply ratio is showing signs of increasing.
📈 Trader Jelle believes BTC could still hit 6 figures in the near future, based on a multi-year cup & handle pattern.
👉 What do you think about this prediction? Comment and share your opinion!