Bitcoin fit stoppu for September; Q4 upside need 121–122K
Crypto analyst Josh Olszewicz don predict sey September go be rangebound for Bitcoin, because seasonal weakness and mixed ETF flows dey cause am. E warn say until BTC close daily pass $121–122 K, traders suppose expect choppy, sideways movement or opportunistic pullbacks. Key near-term bearish trigger na if e drop enter Ichimoku cloud or e close daily below 20-week moving average around $104 K; if e fall under $100 K in October, e go mean say deep cycle top dey come. Positive catalysts scarce until Federal Reserve speak for Jackson Hole. Long-term tailwinds from global money printing dey intact, but no advisable make person use leverage until technical confirmation show. If e break decisively above 121–122 K, e fit lead way to $150 K for Q4.
Neutral
Olszewicz framework dey point to neutral short-term outlook: September seasonality and mixed ETF flows mean say market go dey waka up and down sideways, no clear sell-off or breakout. Key technical levels (Ichimoku cloud, 20-week MA) suppose hold make e no go bearish, and no big catalyst suppose show face till Fed talk. Historically, similar mid-cycle consolidations for Bitcoin market don lead to rangebound trading before Q4 rallies. So, traders suppose dey cautious and wait make market close well above $121–122 K before dem fit confirm say market don shift to bullish.