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BTC price setup: possible September dip followed by a move to 112k with dominance recovery

If by September a final dump is planned, it creates a convenient range to move BTC lower before a rebound. Bitcoin dominance has stabilized, which supports a scenario where a bounce could bring BTC back into a high-range setup. From a technical and market-structure perspective, a rebound that aligns with a restored dominance signal around a price target near 112k USD seems logical.

In this context, the path of least resistance could involve a short-term dip followed by renewed upside momentum, driven by a dominance re-acceleration and renewed buying interest in BTC.

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Analysis

The opinion hinges on a planned September downside as a catalyst for renewed upside. The implied sequence is: (1) a period of capitulation or a shallow pullback to establish a lower range, (2) stabili...

Recommendation

Recommendation: Stay in a watchful stance (signal: watch) and prepare for a potential entry if price action confirms a bottom near the lower bound of the proposed range, coupled with a strengthening B...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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