Bitcoin (BTC) price is focusing on making 11% gains on a monthly basis, holding the $65,000 support as of September 29. A popular trader has stated that BTC could have one of its most successful months in September.

In recent days, BTC has consolidated as the month ends, reaching a two-month peak of $66,500. If the monthly close is like this, it could be the strongest green candle in 2024.

The US Dollar Index (DXY) has fallen to its lowest levels in recent years, creating a positive environment for risk assets like BTC. Analysts predict that the decline in DXY could lead to Bitcoin rising. Titan of Crypto has set an intermediate target of $85,000 for BTC.

This article does not contain investment advice; every investment decision carries risk.