Analysts Bitcoin 
$110,036.48It is expected that it will follow a weak course during September. According to historical data, the largest crypto currency tends to test the highest or lowest level of the month within the first 12 days. This shows that price movements seen in the first week of September can be decisive for the rest.
$ 100,000 scenario in Bitcoin
Analyst Daan Crypto TradesBitcoin usually spent in the first days of the month with wavy price movements, he said. CoNSS data shows that Bitcoin depreciated in the eight of the last September 12, when he was traded. Especially in 2017 and 2021, the price fell over 7 percent during the month. If a similar decline scenario works this year, at the end of September, Bitcoin may fall to around $ 100,000.
Crypto Caesar Analyst Bitcoin drew attention to the possibility of a reaction rise from existing levels in the short term. However, he said that if the downward movements continue, the level of $ 100,000 can be re -tested by support.
Eyes at critical price levels in Bitcoin
Cryptoquant Analyst Ja maartun Bitcoin is currently located around the realized price level of short-term investors and stressed that this is an important support-rendered point. He added that the bull market indicators watched by Coings have not yet worked, so the decline can be considered within a seasonal correction.
Bitcoin, while the news is prepared in the last 24 hours over 2 percent recovery over the threshold of $ 110,000 exceeded. Seeing the lowest $ 107,500 during the day, the price rose to $ 110,500, but at this point, the resistance was withdrawn and retreated. Currently, Bitcoin is priced 11 percent below the highest level of all time recorded around $ 124,500.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
