Good morning, let's see what the situation is about #Bitcoin dated September 5, 2024.

Yesterday, $BTC suddenly moved upwards. But it was not very permanent. When you look at it today, with a weight of 92.15%, Bitcoin can pull back to 55,430, just so you know. Again, with the same weight, the peak price that Bitcoin can reach is around 58,330. The closing price also appears to be 57,790. The price estimate we shared yesterday, when we only consider high probabilities, the realization rate is 99.20%. I do not consider the numbers I gave with low probability. With a lower weight, that is, with a weight of 7.85%, Bitcoin can go up to 60,960. But because it is a very low probability. The closing price also appears to be 60,390, which is a low probability.

Let's comment according to what the indicators say.

RSI: We are in a neutral position according to the indicator. Prices are not rising too much and not falling too much. It can be explained more like a waiting period.

CCI: It is stated that selling pressure continues here. According to one-day charts, there is also a bit of pessimism.

MFI: This indicator indicates that the market is in balance and buying and selling are approximately equal. We can say that there is a bit of hesitation period.

ROC: Prices are falling But such a big drop is not seen in this. It indicates that people are cautious.

RVI: When we look at volatility, this indicator tells us that there is a moderate movement.

F & G: When we look at the fear index, there is a balance according to one-day charts. Investors are acting moderately in terms of fear and greed.

Today's situations are like this. The comments above are valid until the close of the day. What I share is not investment advice. Do not forget to make your own risk assessment. It would be better if new followers watch the analysis a little before commenting.I wish you a good day.