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Bitcoin weekly RSI sparks 'intermediate' $85K BTC price target

Bitcoin is predicted to see a significant move by the end of 2024, with a target of $85,000, according to analyst Titan of Crypto. The recent break in Bitcoin’s weekly RSI downtrend signals potential for gains. If September ends positively, a bullish trend may continue into Q4. The $61,000 level is seen as critical support. However, even with a September red close, past years like 2017 and 2020 still had strong Q4 performances.