Bitcoin Dey Hold for $115K; Traders Dey Target $135K
Bitcoin dey trade sideways around $115,058 after e fail to hold recent highs, wey dey make different analysts react differently. Market watcher Daan Crypto Trades talk say BTC still stuck somewhere between definite support and resistance zones, dis kind setup usualy show say big moves fit happen once one side give up. Technical indicators no clear: Fear & Greed Index dey 60 (greed), sentiment gauges neutral, plus 14 out of last 30 sessions close higher with average gain of 1.63%. Price models predict say Bitcoin fit reach at least $130,266 by mid-September—meaning 13% upside—while some investors see dis current calm as chance to accumulate before Q4 rally. But skeptics warn say recent rejection at higher levels fit trigger another drop if key support break. Traders dey divided on whether dem go buy the consolidation or wait for sure breakout. For now, Bitcoin next move towards $135K depend on if bullish momentum fit take control again or if sideways movement go continue.
Neutral
Di report dey shine light on one period wey Bitcoin just dey hold ground side-side, tins no too clear for technical side, traders dem sef get different mind. Same kind settling wey happen last August to September sometimes be sign say Q4 fit bring strong rally or quick sharp drop. Fear & Greed Index balanced and traders dem no too strong on either bulls or bears side. Dis one mean say market remain neutral till Bitcoin fit break pass resistance or drop pass support. Short term, traders go still dey watch well well, wait for clear direction. Long term, big institution interest plus history of year-end rally fit push price up but only if Bitcoin really break outside the range wey e dey now.