Bitcoin boredom 🥱

25th week consolidating

What can I say? It’s again a red week. We are still trapped within a bull flag pattern. The price is still in the 50s.
We have to be careful though, the current weakness could lead to a further dip into the 40s, towards 46-48k again. If that doesn’t hold we could even fall further. For me this would be a very good buy-the-dip opportunity.

September is one of the weakest months of the year for Bitcoin. Let’s hope the seasonality plays out its positive trend in October & November. 🤞🏻

cointribune.com



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10 comments
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It looks like we’re going down again but I don’t want it to

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Me neither. We had enough sideways movement the past months

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Bitcoin is still strong. But I have a premonition of something bad in world markets. The bull market cannot continue forever.

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