Bitcoin’s “anxiety stage” suggests more potential September downside before the next leg up, recent price analysis suggests.
Bitcoin analysts are eying a breakout point in the coming weeks, but market sentiment and historical data threaten more potential downside in September.
Bitcoin’s (BTC) price could be setting up for a rally, based on a bullish divergence forming on the daily chart, according to crypto analyst Mikybull Crypto.
The analyst wrote in a Sept. 13 X post: