📊 Current Situation (as of August 20, 2025)
- Current Price: approximately 114,036 - Recent All-Time High: 124,002 reached on August 14, 2025
- Trend: consolidation after a strong rise, with overbought signals
- Technical Indicators:
- RSI (14 days): 70.77 (overbought zone)
- MACD: bearish crossover, indicating weakening bullish momentum
- Bollinger Bands: price is near the middle band, suggesting consolidation
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🔮 Forecast for September 2025
📈 Bullish Scenario
- Target: reach 120,000 by the end of September
- Catalysts:
- Continued institutional adoption, with massive investments from companies like BlackRock
- Cryptocurrency-friendly policies, such as including Bitcoin in 401(k) retirement plans in the United States
- Anticipation of interest rate cuts by the Federal Reserve, boosting appetite for risky assets
📉 Bearish Scenario
- Target: pullback to 108,000
- Risks:
- Technical correction after a period of overbought conditions, with a high RSI
- Macroeconomic pressures, such as trade tensions or restrictive monetary policies - Decrease in interest from institutional investors or delays in favorable regulations
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🧠 Conclusion
Bitcoin currently shows signs of consolidation after a strong rise. Technical indicators suggest a possible short-term correction, but the long-term bullish trend remains intact, supported by institutional adoption and favorable policies. Investors should monitor support levels around 108,000 and resistance near 120,000 to assess entry or exit opportunities.
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