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Bitcoin Bull Market Could Launch in September, Analysts Say

Summarized from Cointelegraph

BTC slipped from $64K resistance as US-Iran tensions rattled markets, but analysts see a bull run starting as soon as September.

Bitcoin is getting hit from two directions right now. On one side, geopolitical heat from US-Iran conflict is pushing risk assets lower. On the other, $64,000 is acting like a brick wall. BTC couldn't hold that level, and sellers stepped in hard.

Here's the part that matters if you're a trader: analysts are calling for the bear market to wrap up within three months. That puts a potential bull market kick-off somewhere around September. That's not a guarantee — it's a thesis. But it's one worth tracking if you've been sitting on the sidelines waiting for a signal.

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The $64,000 zone is the key line in the sand. Until Bitcoin reclaims and holds above it, the path of least resistance stays to the downside. Geopolitical shocks like the US-Iran situation tend to spark short-term volatility, but historically they don't dictate long-term crypto trends. Watch how BTC reacts once the macro dust settles.

If the September timeline plays out, the setup window is opening now. Accumulation phases don't announce themselves — they only look obvious in hindsight. The bears still have the upper hand short-term, but the calendar might be closer to a turning point than the price action suggests.

Continue reading at Cointelegraph

Frequently Asked Questions

Q.When do analysts predict the Bitcoin bull market will start?

Analysts are calling for the bear market to end within three months, which would place a potential bull market start around September.

Q.Why did Bitcoin drop from the $64,000 level?

BTC faced selling pressure at $64,000 resistance while the US-Iran conflict added broader risk-off sentiment to markets.

Q.How does the US-Iran conflict affect Bitcoin's price?

The geopolitical tension sent Bitcoin lower from the $64,000 resistance zone as traders reduced exposure to risk assets amid the uncertainty.

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