Bitcoin (BTC) Predictions for September 2023 (Paid Version/Best Trades)

Kapproveb Alcyone
Jul 27, 2023
3 min read

Updated: Aug 28, 2023

Month’s Theme: A drop in the midst of bearish price swings.

Behavior Around the High: A breakout on a multi-day scale into the high.

Behavior Around the Low: A decline into the low that offers an opportunity to open a long position.

Exclusive Trade Opportunities for Subscribers:
- An opportunity to open a short position on the 4th and close it on the 8th.
- An opportunity to open a long position on the cusp of the 11th/12th. You could close that on the 15th or wait until the 16th.
- An opportunity to open a long position at the end of the day on the 19th. I would close that around the 21st/22nd.

Overview

On the 1st, we’ll have sideways rotation that leads into the 2nd. On the 3rd, we’ll have a near overbought crest or peak that we’ll sell off from through multiple support levels. There’s an overall move to the downside on the 3rd/4th. On the 4th, there’s a rally into key resistance. We may revisit that resistance level on the 5th. On the 6th, we’ll revisit a support level that we recently met once before in the midst of a sharp decline. On the 7th, we’ll have an important resistance level that we met before. We’ll fail to break through it and decline notably off of that resistance level. There’s also a trough and a peak midday on the 7th.

On the 8th, there’s an important resistance level highlighted and an important trough with a pop off of it midday. There’s probably a lower trough first thing in the morning on the 9th. We’ll have some pretty tricky chart behavior first thing in the morning on the 9th with a low early in the day and a lot of ground covered to the upside with a crest midday. There’s also an important crest late in the day on the 10th. We’ll decline from that crest pretty notably through multiple support levels into a trough or lowest low on the 11th. There’s a big move out of that low from oversold territory that will stand out on a multi-day scale. There’s sideways rotation on the 13th along key support. We’ll rise to meet resistance and then fall back down to continue rotating along support. That sideways rotation leads into a trough on the 14th about midday. We’ll then have a fast, sudden move higher into a peak or crest.

On the 15th, we’ll sell off from that peak or crest. There’s a big move to the upside and a probable location of a highest high on the 16th. There’s an important peak or crest on the 17th. There’s a brief peak that’s easily missed on the 18th. On the 19th, there’s a rally along a diagonal trend line that we’ll then break down through that diagonal trend line into a trough at the end of the day. We’ll attempt to establish support on the 20th. We’ll go from a low early in the day into a highest high on the 21st or 22nd.

On the 22nd, we’ll have a brief peak that forms when we break through key resistance and then we’ll decline back down shortly thereafter through the same price level. There’s a lot of price change covered. There’s a crest at the end of the day on the 22nd. There’s some price swinging on the 23rd. On the 24th, we’ll have a period of volatility and a sharp drop that takes place off of a crest in the early afternoon. We’ll have an unexpected move to the upside on the 25th taking us to a peak or crest late morning on the 26th. We’ll sell off of that crest down to and through support to meet a second support. There’s an important trough in a period of volatility that ends with a fast, sudden move higher on the 27th. There’s a breakdown from a peak or crest on the cusp of the 27th/28th.

On the 28th, there’s a big move to the upside out of a trough. On the 29th, we have an important reversal on a multi-day scale. There’s a lot of price swinging on the 30th.

Sneak Preview

In October, there’s a prominent move higher and a full retracement back down.