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Experts Explain How a September ATH is Possible For Bitcoin: BTC USD Price Analysis

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Whilst the Bitcoin market has been rocked with downside in recent weeks, a Summer of explosive activity from Bitcoin treasuries, alongside rising hopes of a long-anticipated Fed rate cut are driving sustained demand for the top corn. But how realistic is a September Bitcoin ATH?

Bitcoin btc logoBTC ▲1.86% hype remained high all throughout the summer. But how long can it be sustained? As long as the BTC USD price is moving up, it seems!

Traders and investors are holding up hope to see rates cut in the US finally land in September. The chances for this happening are the highest they have ever been, despite recent turbulence from the Jackson Hole conference.

This is a major potential catalyst for BTC USD price growth as it injects new liquidity into the markets in a huge risk-on signal.

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Another liquidity injector is the latest World Liberty Financial launch – Trump’s family crypto company. Will those two events be enough to fulfill the hope of the September Bitcoin ATH? IncomeShark’s analysis is pretty simple and easy to understand – support is holding for now. Indeed, CT (crypto Twitter) has been quiet lately about Bitcoin, even a little scared. People get loud late, after significant moves.

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September Bitcoin ATH: What Are The Charts Saying?

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Starting our analysis with the Weekly timeframe, we see an FVG gap from early 2024 remain unfilled. From this Spring, 2025, we have another Weekly FVG that has not been filled yet. As history shows, some gaps get filled, and others don’t.

The bullish scenario here is for this one to remain unfilled, especially considering the large liquidation event early this week, when $1bn+ was wiped off from people’s accounts.

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Is a new ATH for Bitcoin possible in September? Our technical analysis and price data provides a possible bullish scenario.

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Continuing our analysis on the 1D chart, we can see the Bullish Engulfing candle that started July’s run. Afterwards, we have a wick up to $123,000 and on August 14th, a wick into $124,000, followed by a rejection and a large sell candle body.

That is our Bearish Engulfing candle, which indicates sellers are in control. This week, the price bounced off the bullish order block. Let’s zoom in for more details.

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Closing Thoughts on BTC USD: Bullish Or Bearish Price Action?

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On the lower timeframe – 4H – we can dissect BTC USD price action a bit more precise. The wick into $124,000 can be considered an SFP, followed by a break in market structure. A bounce off of the previous high formed a Bullish Engulfing candle, right into the bearish order block, which was a perfect short entry.

Then, BTC price proceeded to deviate below support, collect liquidity from the bullish orderblock below, and reclaim support. That reclaim is actually really key—a rejection would’ve been worrisome for bulls. For now, within this timeframe, the price action is bullish. Chances for a September Bitcoin ATH are there.

Bearish case: The SFP, hidden bearish divergence on the RSI, and Bearish Engulfing Candle on the 1D chart are factors to keep in mind. They could cause a deeper pullback. This is our bearish scenario, especially if a rate cut is already priced in or fails to materialize.

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BTC Price Forecast: A Technical Look at Why a September ATH is Possible

  • Key level to hold is $110,000 – $112,000
  • 1D chart shows bearish factors, yet structure remains bullish
  • Expect Price might be choppy around Monthly close
  • Everyone is waiting for Rate Cut announcement

The post Experts Explain How a September ATH is Possible For Bitcoin: BTC USD Price Analysis appeared first on 99Bitcoins.





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