I'm really unsure of this month of September. Now we are already at the end of the first week of September, and the market is still shaking and not certain. I'm still bullish, though, but I'm prepared for whatever the market offers, as the month of August has surprised us all with a green chart, so we should all prepare for the worst and the best.
I think we will see another Bitcoin price high again at the end of September. Because the Bitcoin market is still indicating a green price, countries and various companies are aggressively collecting Bitcoin. However, I see some more positive aspects because many countries have already moved towards Bitcoin strategic reserves.
And are aggressively collecting Bitcoin, all these aspects definitely indicate a positive direction for the Bitcoin price which we can identify as a bullish market in the market.
That is exactly what I think we are going to see. I am sure that we are going to see the price increasing again, so I am very bullish on bitcoin right now. We already passed the correction stage and we have seen the drop happen already, and it failed to go any lower, which means that people are not willing to sell any lower, we have hit the bottom for now.
US FED's rate cut is going to be announced by next week which will definitely add more liquidity to bitcoin market from bank deposits. Waiting for a week or two may be required though, so we just should wait for it. I am still confident about seeing a new ATH in this September and by this December 200k is my personal target.