In our tweet on August 28, we stated that the upward move for bitcoin:native, which began on August 17 (blue segment in Figure 1), had ended, and a correction was due. The current decline has reached 5%. What’s next? If this correction concludes within this week—such as finding support above 75,400—and resumes an upward trend, there is no doubt we will soon see BTC testing its previous high at 82,850 and the key resistance levels above at 83,700–84,200. Could the low of August 29 at 76,888 serve as the correction’s endpoint? If BTC does not decline further but instead stabilizes above 79,600 and resumes its upward movement, we may consider 76,888 as the correction’s conclusion. Until then, we maintain a cautious stance. Was the rally that began on July 1 merely a rebound, or did 57,800 mark the bear market bottom and initiate the first leg of a bull market? We will likely have clarity no earlier than the week of Gann Time on September 10. Over the past year, we have used Gann Theory to nearly pinpoint BTC’s key turning points—including December 6, 2025 at 126,100; November 21 at 80,600; January 14, 2026 at 97,900; February 1; May 6; and July 1. Will we hit another one in September? Stay tuned—we’ll verify together.
彼得兔Share

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.