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Will #bitcoin bounce at $37.2K (bull market support band)?
Yes
67%
No, it’s going lower.
33%
3 röster • Omröstningen avslutad
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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Key Dates to Watch in September 🗓️ 10 Sep - US Presidential Debate 🇺🇸 11 Sep - CPI Data Release 📊 12 Sep - PPI Data Release 📊 18 Sep - FOMC Meeting 🏦 29 Sep - @CZ Release Date 🚨 Stay informed and plan ahead!
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We analysts love to complicate things with endless charts, but the bottom line is simple: The market will wake up from its slumber and turn "Risk On" after a 75 bps cut and as we near the US elections. Just chill and prep your post-cut strategy,
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📈 Bitcoin closed the week above its bull market support band and the 8w SMA, holding strong above the FOMO level ($61.57K). With Bitcoin risk at 42%, it’s a strong setup as we march into September—a historically challenging month for BTC.
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🔥While Bitcoin, Solana, and ETH dominate the headlines, #Tron is quietly making moves—it’s surpassed its FOMO threshold ($0.131). If it holds, we might see a 2-4x rise soon. Remember, Solana hit its FOMO level ($194) during the meme rush and couldn’t sustain it. 🚨Be cautious.
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While Japan's stock market rebound looks positive, we should stay prepared for potential drops in # #Bitcoin’s price when rate cuts start. Until the market is certain we've avoided a hard landing, these dips can be strategic accumulation points, as 'risky' assets often excel during Quantitative easing. Just peak your ‘risky’ asset wisely.
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