Bitcoin bulls are providing strong support, but they are in a dilemma as they struggle to push the price above $60,000. Historically, the coming months are often considered bearish for the cryptocurrency market.
Currently, Bitcoin's price is fluctuating within a certain range, raising concerns about whether it will fall to $40,000 in September. The market's direction remains uncertain, and traders are closely monitoring the situation.
With numerous short positions in play, the sentiment seems cautious, and the upcoming market phase could bring significant movements.
