Bitcoin also examines sensitive support, and guessing that September weakness will mark the point of exchange. Reference History patterns Usually showing DIPS followed by pensions of strong Q4 meetings, the market is now facing an important moment to decide to leave the main.
Bitcoin returns to a bull market support band
Later after her revise On X, Benjamin Cowen highlighted that Bitcoin recently contacted the Bull Market Band in a few days before September. This Standard is historically active as an important pivot area, where bulls often try to catch the line and protect the structure of a broad market. Maintaining Power Over This Band Can Play an Important Role in Safety mercy.
Related Reading: Return price for Bitcoin Proper resurrection – Would bulls cause pre-resistance?
He explained some of August, which suggested that September may have to form local shape. In his analysis, this type of exchange between High and Lows are common in Bitcoin prices, especially during the transitional period of the sale.
Benjamin Cowen pointed out that September’s beginning had seen Bitcoin trade lower than any extent recognized in August. This emphasizes how quickly market conditions can change, by the price action we enter the Bullish near the end of summer to be more careful as the new month begins.
This page challenge It means that the best situation can be if the monthly Bitcoin was already invented in September 1. embrace the band. Such improve would allow a healthy market shape and might place the basis of another leg at the top as the moon continued.
Historical cycles suggest that q4 looks if support is holding
In his analysis, Benjamin Cowen explained that the good Bitcoin condition would be a solid hold of a simple 20 weekly SMA (SMA) rate. He saw what the past bull Cycles, including 2013, 2017, 2020, and 2021, Bitcoin Successfully saved this Standard before climbing new areas in Q4, making it an important historical way to look.
Related Reading: Bitcoin in trouble? Change Spikes Spikes to the top of the months
The Cowen is emphasized that if Bitcoin fails to support 20W SMA, the attention should change to 50w SMA, which work as a solid basis for the ongoing bull market. This Standard always has an important safety safety intensityEven if the shortest of the short term appears.
Since September 3, 2025, Bitcoin sells approximately $ 111,053, up 0.83% 24 hours ago, with an intraday of $ 111,716 and $ 108,505 low, indicating moderate fluctuations. 24-hour commercial volume is about $ 73.2 billion, indicates a healthy market work, while Bitcoin market is about $ 2.22 trillion, confirms its position as leading Cryptocurlocursen.
Picture included from Getty, Chart from TradingView.com
