FX_Professor

Can BTC wake up before September ends?

Long
FX_Professor Updated   
COINBASE:BTCUSDT   Bitcoin / Tether
September has always been a tough month for Bitcoin, and this year is no exceptionโ€”until now. As we navigate the ups and downs, it's crucial to keep an eye on key resistance and support levels. ๐Ÿ“ˆ๐Ÿ“‰
Will Bitcoin wake up before September ends, or will we see a continuation of the current trend? As the price keeps going sideways, we'll keep our charts open and our eyes peeled; this month could be a game-changer. ๐Ÿš€

Navigating a World on Edge: ๐ŸŒ

๐Ÿ›ข๏ธ Oil Prices Up (=Inflation)
With oil prices soaring, the Fed's maneuverability becomes more limited as inflation persists. Rates remain unchanged (good news), but don't expect the Fed to pivot anytime soon (bad news). ๐Ÿ“Š

๐Ÿงฑ BRICS Attempt to Dethrone the Dollar $

๐Ÿ’ฃ War in Ukraine is On, While Africa Destabilizes
BRICS nations are challenging the dollar's hegemony, and with escalating conflicts in Ukraine and Africa, we're looking at a dangerous mix of events. ๐ŸŒ๐Ÿ”ฅ

BTC as Digital Gold ๐Ÿ›ก๏ธ
Amidst this chaos, Bitcoin could emerge as 'digital gold,' offering a hedge against instability. Could this be the month Bitcoin not only survives but thrives? Strap in; we could be in for a wild ride. ๐ŸŽข

Remember: ๐Ÿ“
In March 2023, the collapse of three U.S. banks sent shockwaves through the global financial system. Bitcoin thrives in this climate of uncertainty. ๐Ÿฆ๐Ÿ’ฅ
If we see a dip, we buy it! ๐Ÿ›’

Technical Analysis: ๐Ÿ“Š

Price going sideways after correction, similar to Dec 2022-Jan 2023 ๐Ÿ”„
Support at 23k is a prime buying level and a major support (Fib + channel!) ๐ŸŸข
Resistance at 28k (mid-channel) will be a challenge ๐Ÿ”ด
39,575 is closer than it sounds ๐ŸŽฏ
We're now in oversold areas; an uptrend could evolve before September ends ๐Ÿ“ˆ
We stay up this September, folks! ๐Ÿš€

One Love,
The FXPROFESSOR ๐Ÿ’™


ps. just to add that Blackrock and the rest are a key factor. As indices pump, Bitcoin has remained relatively stagnant, but we anticipate a shift. Money is likely to flow into digital assets soon, reinforcing Bitcoin's status as 'digital gold.'
Blackrock and the ETFs is the definition of 'money'... keep our ears open for that





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๐Ÿ’ธ๐Ÿ†’BTC attempting the Epic breakout! if we break over 27k we get a proper Bull Run!
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hello October
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Updated levels
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Just a little update..this can be a big new breakout unfolding today
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update
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Just an update on the way to 40k. chart has worked perfectly
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v some Resistance now for Bitcoin
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