{"id":500767,"date":"2022-09-01T17:16:54","date_gmt":"2022-09-01T17:16:54","guid":{"rendered":"https:\/\/wncen.com\/?p=500767"},"modified":"2024-06-11T11:44:13","modified_gmt":"2024-06-11T11:44:13","slug":"bitcoin-september-btcusd-good-bad-ugly","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/","title":{"rendered":"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022"},"content":{"rendered":"

In this episode of NewsBTC’s daily technical analysis videos, we are looking again at the Bitcoin BTCUSD<\/a> monthly chart now that the August monthly candle has closed and we finally have new data to analyze.<\/p>\n

Take a look at the video below for the good, the bad, and the ugly.<\/p>\n

VIDEO: Bitcoin Price Analysis (BTCUSD):\u00a0September 1, 2022<\/h2>\n

In\u00a0yesterday’s video<\/a>, we focused on the nail-biter of a monthly close we had last night, where bulls were just barely able to hold onto support. With a new monthly candle open, today’s video attempts to see where the crypto market is headed, if the bottom is in, or if we’ll see an extended accumulation phase.<\/p>\n

<\/iframe><\/div>\n
\n
\n
\n
\n
\n
Related Reading: WATCH: Waiting On The Bitcoin Monthly: Will Crypto Sink Or Soar? BTCUSD August 31, 2022<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

August Aftermath: How Did The Bitcoin Monthly Candle Close?<\/h3>\n

Bitcoin managed to close above former all-time high resistance turned support. This is the good news of the analysis, as you could imagine. The bad news is that Bitcoin has lost what in the past has been referred to as the Coinbase line.<\/span><\/p>\n

Trend lines<\/a> are subjective to a point and there is a chance that a longer-term trend line still held on by a hair.<\/span><\/p>\n

\"BTCUSD_2022-09-01_13-04-14\"<\/p>\n

There are several trend lines to watch currently | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Technical Update With Bollinger Bands, Ichimoku, And More<\/h3>\n
One hopeful note is that the monthly stayed within the lower Bollinger Band<\/a>. Closing outside it could have led to an extended downmove \u2013 much like past uptrends continue to ride the upper band after a strong breakout.<\/span><\/p>\n
The Ichimoku<\/a> monthly is also gives bulls more hope, or is simply a delayed look at the inevitable. The tenkan-sen is still above the kijun-sen, and the kijun-sen has started to move upward.\u00a0<\/span><\/p>\n
However, the lines have typically crossed on the monthly before Bitcoin has bottomed, which could suggest the bottom isn\u2019t it. Cloud twists are also especially notable and have in the past indicated a trend change. We won\u2019t see a cloud twist until November 2022 the earliest, suggesting that Bitcoin could spend more time trending down or sideways before we see a greater recovery.<\/span><\/p>\n
\"BTCUSD_2022-09-01_13-05-07\"<\/p>\n
We might not have found a bottom just yet | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Timing A Possible Turning Point In Crypto Winter<\/h3>\n
The monthly Fisher Transform<\/a> has yet to flip bullish. The tool is helpful for finding precise turning points in market cycles. The tool continues to descend toward an upward sloping trend line that is yet another signal that Bitcoin have a lengthy bottom like the 2014 and 2015 bear market.<\/span><\/p>\n
The monthly Relative Strength Index<\/a> is at the lower boundary of an ongoing downtrend channel. The 2018 bear market bottom barely touched the bottom boundary, while the 2014 and 2015 bear market spent time grinding along it. This monthly close gave us our second touch of the line and could suggest similar behavior to Bitcoin\u2019s first bear market.<\/span><\/p>\n
Another potentially positive sign is that LMACD has reached a possible upward trend line that could provide support for where momentum begins to turn back upward. The month of September and each month moving forward must turn pink on the histogram to indicate weakening bearish momentum, and the bull trend would be confirmed with the histogram crossing the zero line and turning green.<\/span><\/p>\n
\"BTCUSD_2022-09-01_13-12-10\"<\/p>\n
We also take a closer look at this cyclical behavior in Bitcoin | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Fundamental Case: Is It Crazy To Buy Bitcoin Here?<\/h3>\n
Even the monthly chart using Bitcoin fundamental tools<\/a> is looking rather ugly. On monthly timeframes, the hash ribbons<\/a> have yet to properly issue a buy signal despite the signal triggering on the daily. Bitcoin is also above the lowest point of the cost of production \u2013 a metric that analyzes the cost miners incur to produce each BTC on average.\u00a0<\/span><\/p>\n
The 2018 bear market closed a monthly candle below the lowest point of the average. It is worth noting that although there was this key close below it during the last crypto winter, the swing low was already in when it happened. This could suggest that Bitcoin will trade sideways and accumulate at such prices a while longer, but $17,500 could ultimately hold up as the bottom.<\/span><\/p>\n
\"BTCUSD_2022-09-01_13-05-22\"<\/p>\n
We also take a closer look at this cyclical behavior in Bitcoin | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here<\/a> to access the free educational program.<\/p>\n
Follow <\/i><\/b>@TonySpilotroBTC on Twitter<\/i><\/b><\/a> or join\u00a0<\/i><\/b>the TonyTradesBTC Telegram<\/i><\/b><\/a> for exclusive daily market insights and technical analysis education<\/i><\/b>. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice.<\/i><\/b><\/p>\n
Featured image from iStockPhoto, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
In this episode of NewsBTC’s daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle has closed and we finally have new data to analyze. Take a look at the video below for the good, the bad, and the ugly. VIDEO: Bitcoin Price Analysis (BTCUSD):\u00a0September 1, 2022 In\u00a0yesterday’s video, we focused on the nail-biter of a monthly close we had last night, where bulls were just barely able to hold onto support. With a new monthly candle open, today’s video attempts to see where the crypto market is headed, if the bottom is in, or if we’ll see an extended accumulation phase. Related Reading: WATCH: Waiting On The Bitcoin Monthly: Will Crypto Sink Or Soar? BTCUSD August 31, 2022 August Aftermath: How Did The Bitcoin Monthly Candle Close? Bitcoin managed to close above former all-time high resistance turned support. This is the good news of the analysis, as you could imagine. The bad news is that Bitcoin has lost what in the past has been referred to as the Coinbase line. Trend lines are subjective to a point and there is a chance that a longer-term trend line still held on by a hair. There are several trend lines to watch currently | Source: BTCUSD on TradingView.com Technical Update With Bollinger Bands, Ichimoku, And More One hopeful note is that the monthly stayed within the lower Bollinger Band. Closing outside it could have led to an extended downmove \u2013 much like past uptrends continue to ride the upper band after a strong breakout. The Ichimoku monthly is also gives bulls more hope, or is simply a delayed look at the inevitable. The tenkan-sen is still above the kijun-sen, and the kijun-sen has started to move upward.\u00a0 However, the lines have typically crossed on the monthly before Bitcoin has bottomed, which could suggest the bottom isn\u2019t it. Cloud twists are also especially notable and have in the past indicated a trend change. We won\u2019t see a cloud twist until November 2022 the earliest, suggesting that Bitcoin could spend more time trending down or sideways before we see a greater recovery. We might not have found a bottom just yet | Source: BTCUSD on TradingView.com Timing A Possible Turning Point In Crypto Winter The monthly Fisher Transform has yet to flip bullish. The tool is helpful for finding precise turning points in market cycles. The tool continues to descend toward an upward sloping trend line that is yet another signal that Bitcoin have a lengthy bottom like the 2014 and 2015 bear market. The monthly Relative Strength Index is at the lower boundary of an ongoing downtrend channel. The 2018 bear market bottom barely touched the bottom boundary, while the 2014 and 2015 bear market spent time grinding along it. This monthly close gave us our second touch of the line and could suggest similar behavior to Bitcoin\u2019s first bear market. Another potentially positive sign is that LMACD has reached a possible upward trend line that could provide support for where momentum begins to turn back upward. The month of September and each month moving forward must turn pink on the histogram to indicate weakening bearish momentum, and the bull trend would be confirmed with the histogram crossing the zero line and turning green. We also take a closer look at this cyclical behavior in Bitcoin | Source: BTCUSD on TradingView.com Fundamental Case: Is It Crazy To Buy Bitcoin Here? Even the monthly chart using Bitcoin fundamental tools is looking rather ugly. On monthly timeframes, the hash ribbons have yet to properly issue a buy signal despite the signal triggering on the daily. Bitcoin is also above the lowest point of the cost of production \u2013 a metric that analyzes the cost miners incur to produce each BTC on average.\u00a0 The 2018 bear market closed a monthly candle below the lowest point of the average. It is worth noting that although there was this key close below it during the last crypto winter, the swing low was already in when it happened. This could suggest that Bitcoin will trade sideways and accumulate at such prices a while longer, but $17,500 could ultimately hold up as the bottom. We also take a closer look at this cyclical behavior in Bitcoin | Source: BTCUSD on TradingView.com Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here to access the free educational program. Follow @TonySpilotroBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":500807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1119,1144,78790,6664,4524,76835],"class_list":["post-500767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nBitcoin September To Remember: The Good, The Bad, & The Ugly<\/title>\n<meta name=\"description\" content=\"In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin September To Remember: The Good, The Bad, & The Ugly\" \/>\n<meta property=\"og:description\" content=\"In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-01T17:16:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T11:44:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730\" \/>\n\t<meta property=\"og:image:width\" content=\"2680\" \/>\n\t<meta property=\"og:image:height\" content=\"1730\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony "The Bull" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "The Bull" Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\"},\"author\":{\"name\":\"Tony \\\"The Bull\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022\",\"datePublished\":\"2022-09-01T17:16:54+00:00\",\"dateModified\":\"2024-06-11T11:44:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\"},\"wordCount\":726,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730\",\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"xbt\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\",\"name\":\"Bitcoin September To Remember: The Good, The Bad, & The Ugly\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730\",\"datePublished\":\"2022-09-01T17:16:54+00:00\",\"dateModified\":\"2024-06-11T11:44:13+00:00\",\"description\":\"In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730\",\"width\":2680,\"height\":1730,\"caption\":\"bitcoin September btcusd\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"The Bull\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"The Bull\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin September To Remember: The Good, The Bad, & The Ugly","description":"In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin September To Remember: The Good, The Bad, & The Ugly","og_description":"In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle","og_url":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-09-01T17:16:54+00:00","article_modified_time":"2024-06-11T11:44:13+00:00","og_image":[{"width":2680,"height":1730,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730","type":"image\/png"}],"author":"Tony \"The Bull\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"The Bull\" Severino","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/"},"author":{"name":"Tony \"The Bull\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022","datePublished":"2022-09-01T17:16:54+00:00","dateModified":"2024-06-11T11:44:13+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/"},"wordCount":726,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730","keywords":["bitcoin","btc","btcusd","BTCUSDT","crypto","xbt","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/","url":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/","name":"Bitcoin September To Remember: The Good, The Bad, & The Ugly","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730","datePublished":"2022-09-01T17:16:54+00:00","dateModified":"2024-06-11T11:44:13+00:00","description":"In this episode of NewsBTC's daily technical analysis videos, we are looking again at the Bitcoin BTCUSD monthly chart now that the August monthly candle","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730","width":2680,"height":1730,"caption":"bitcoin September btcusd"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"The Bull\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"The Bull\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022","url":"http:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-september-btcusd-good-bad-ugly\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"The Bull\" Severino"}],"creator":["Tony \"The Bull\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","btcusd","btcusdt","crypto","xbt","xbtusd"],"dateCreated":"2022-09-01T17:16:54Z","datePublished":"2022-09-01T17:16:54Z","dateModified":"2024-06-11T11:44:13Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"WATCH: Bitcoin September To Remember: The Good, The Bad, & The Ugly | BTCUSD September 1, 2022\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-september-btcusd-good-bad-ugly\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-september-btcusd-good-bad-ugly\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"The Bull\\\" Severino\"}],\"creator\":[\"Tony \\\"The Bull\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2022-09-01T17:16:54Z\",\"datePublished\":\"2022-09-01T17:16:54Z\",\"dateModified\":\"2024-06-11T11:44:13Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/09\/Screen-Shot-2022-09-01-at-9.39.31-AM.png?fit=2680%2C1730","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/500767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=500767"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/500767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/500807"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=500767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=500767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=500767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}