Today, Bitcoin is trading around $65,665 with price fluctuations, having slightly declined over the past 24 hours. Technically, the market is showing a potential uptrend but is facing strong resistance at $68,000. Breaking this level would be a strong indication of a potential price rally towards $100,000 in the coming months. On the other hand, there are also expectations that Bitcoin may see a short-term correction based on technical indicators such as TD Sequential, which indicates a potential temporary downward pressure.
For September, prices are expected to range between $56,000 and $78,533, reflecting significant market volatility. It is important to follow global economic events such as US monetary policy, as the Federal Reserve’s rate cuts could affect the strength of the dollar and increase investor appetite for riskier assets such as Bitcoin.
