Key Notes

Analysts warn that if Bitcoin fails to close above $113,400, the downtrend remains intact, targeting $100,000 and $90,000 if support breaks.

Despite recent weakness, indicators like the RSI and volatility-based risk suggest Bitcoin could be gearing up for a rally.

Analysts anticipate a mega altcoin season once Bitcoin tops, driven by OG wallets taking profits in BTC and reallocating to Ethereum.

Bitcoin BTC $109 422 24h volatility: 1.0% Market cap: $2.18 T Vol. 24h: $36.67 B price has been under strong selling pressure over the past two weeks, correcting more than 15% from its all-time high of $124,457. September has usually been a bad month for Bitcoin as analysts weigh different possibilities with the price performance of the asset.

The Bullis

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