Bitcoin Price Analysis September 2020: Short-term Drop Before Rebound?

The Bitcoin price continues to be rather volatile, with the chart rapidly swinging up and down. Just yesterday the Bitcoin price (USD) reached as low as $11,102 before it sprang back up to $11,593.

And according to leading analysts, there’s still room for more of this type of action in the Bitcoin price prediction for the coming month. Judging by the current behavior of the Bitcoin price, September might see even more volatile swings yet.

Seeing as there is a lack of market momentum for Bitcoin, September could potentially see the world’s first cryptocurrency drop all the way down to $10,000. However, there are a few upcoming events this week that may prove pivotal for Bitcoin. And depending on those, we might be looking at a potential Bitcoin price target of $12,000 in just a few short weeks’ time.

Watch the full video to find out what our Bitcoin price September 2020 prediction entails for the near future. And stay tuned for our next full Bitcoin price analysis! Have a different take on the Bitcoin price forecast? Then let us know what your Bitcoin price prediction September is in the comment section below!

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