BTC back to Bullish Flag top at 67k

9월 20일

With the 9/18 rate decision already behind us, its time to consider the alternative to the "Rate Decision will crash Bitcoin" narrative and look to the alternative: Bitcoin will trade higher towards the top of its descending flag at 67K with the real chance to crack 70 and head back to a new ATH over the coming weeks.

A series of positive articles throughout the market seem to be lifting BTC as well, and the fear and greed index is perfectly poised as well.

tradingview.com/news/u_today:6f0a1279f094b:0-michael-saylor-breaks-silence-on-blackrock-bitcoin-whitepaper/

tradingview.com/news/u_today:59e47460c094b:0-bitcoin-btc-epic-rally-to-form-new-all-time-high-predicts-top-analyst/

From a technical perspective, we also have VWAP support around 58K with a lot of volume behind it. It will be very interesting to see if BTC can start to pick up steam and finally break out of this flag pattern that has been building since March.