Bitcoin price: Successful turnaround or technical recovery?
In this article you will learn:
- Why the Bitcoin correction could continue in September despite the current price recovery
- Why Bitcoin Spot ETF Inflows Could Be an Indicator of a Trend Reversal
- Which price levels on the top and bottom are likely to be relevant in this trading month
The price of the leading cryptocurrency Bitcoin (BTC) has been attempting to establish a bottom since the beginning of the week. After repeatedly defending the important support area around $108,000, the bulls are now attempting to recapture the key $112,000 level. Why a sustained recapture of this price level could offer fresh upside potential, and which resistance levels are likely to become relevant in the future.
This content is exclusive to BTC-ECHO Plus+ members.
- Unlimited access to all content
- Daily analyses from the market leader
- Hot Coins & Trading Signals
- Exclusive information directly from the expert
- 100% crypto focus – less advertising
- Includes a free reward worth up to EUR 69 (Bitcoin miner, tax tool, collector coin, wallet)
Try now from 1 €
Already a Plus+ member? Sign up
Over 1.5 million readers trust BTC-ECHO every month. You can read these and many more articles with BTC-ECHO Plus+.
Tax expert explains: Crypto profits not declared on time? What investors should do now
5 Strategies Tested: Crypto Millionaire by 2030: Five-figure in, seven-figure out?
Fed could cut interest rates by 25 basis points. Interest rate cuts: How much does Bitcoin really benefit?
