Sam Price Predicts Key Decision Points for Bitcoin
According to Twitter user Sam Price, Bitcoin has retraced in September as expected, but the overall trend remains bullish. The monthly chart shows that Bitcoin has broken out of a descending wedge, while the bullish divergence on the bi-weekly chart indicates that a bottom has formed. Bitcoin is currently at a key decision point: if it can maintain above $75,000 and rebound, it may continue to rise; otherwise, it could form a right shoulder and retest $66,000.
-- Price
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