#Bitcoin Price Analysis – 02/09/2019

Bitcoin price in August experienced a stable growth, crossing $12000 level on the 6th of August.  Then after some fluctuations the price experienced a decrease and reached $9500.  After that the price again increased above $10900 and started fluctuations above $9800 level. On the 28th of August the support was broken and currently the price is moving above $9700.

Bullish scenario: The $9900 level is still the basic target of buyers. On a global scale, bulls are interested in the $10300-$10800 zone.
Bearish scenario: Bears are interested to test the $9500 level and in case of this scenario the area of $9300-$9000.
Neutral scenario: Further fluctuations near the control price of the $9500 -$9900 area are expected.