25th week consolidating
What can I say? It’s again a red week. We are still trapped within a bull flag pattern. The price is still in the 50s.
We have to be careful though, the current weakness could lead to a further dip into the 40s, towards 46-48k again. If that doesn’t hold we could even fall further. For me this would be a very good buy-the-dip opportunity.
September is one of the weakest months of the year for Bitcoin. Let’s hope the seasonality plays out its positive trend in October & November. 🤞🏻
