BTC weekly MACD divergence at the top, the high-level death cross is here!!!

The weekly level decline adjustment is ongoing and will definitely not end in the short term; it will last at least a month. August is almost over, and the September market outlook is also not optimistic, likely to experience a phase of bearishness.

Based on previous downturn cycles, BTC is highly likely to fluctuate downward until around October 15 before it ends. At that time, a new upward trend will begin, targeting a price of over 138,000!