**Bitcoin Analysis: September Overview**

We've entered September with a new candle. What will happen this month? Will Bitcoin surpass its previous highs or continue its downward trend? Let's analyze the chart to get a comprehensive view.

**1. Monthly Chart Analysis:**

The downtrend remains dominant in the monthly timeframe. According to technical analysis:

- **Possible monthly high:** 65,300 - 67,500 USD

- **Possible monthly low:** 53,000 - 50,000 USD

- **Worst-case scenario low:** 44,000 USD (depends on market news and volatility)

**2. Weekly Chart Analysis:**

The new weekly candle starts tomorrow, and the potential range is as follows:

- **Weekly high:** 62,700 USD

- **Weekly low:** 53,600 USD

Bitcoin could see a brief recovery to 59,000 - 60,000 USD in the next few hours, but this is unlikely, as the chance of dropping to 55,700 USD is higher. Opening new long positions at this moment is risky and not advised.

**3. 4H Chart Analysis:**

In the 4-hour timeframe:

- **Potential low:** 56,000 USD

- **Potential high:** 59,000 USD

However, the downtrend is still prevailing, making it challenging to predict any substantial highs.

**Summary & Advice:**

Combining all three timeframes, it's clear that the downtrend is dominant, and the market lacks strong reversal signals. Investors should be cautious, avoiding new long positions at this time. If considering an entry, use low leverage and closely monitor support levels at 56,000 USD and 53,000 USD. Patience and waiting for clear market signals will provide a better advantage.$BTC