Bitcoin: September Warning After Green August
Bitcoin nears green August close, flashing historical September warning with -5.9% average pullback; BTC at $77672.81 shows neutral RSI and MACD death cross on 4h chart.
SourceAnalysis
Bitcoin is closing in on a green August after one of its strongest monthly runs in years, historically followed by red Septembers averaging -5.9% pullbacks when the pattern repeats.
At $77672.81, BTC holds a bullish trend above the EMA50 support at $76883.04 yet faces a MACD death cross at 2.77 while RSI sits neutral at 44.13 inside the Bollinger band, with price testing upper resistance near $80680.79 and lower support at $76956.32, suggesting a healthy retracement to the 50-EMA before continuation amid BTC price prediction models and crypto market seasonality factors.
Crypto King
@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.
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