CryptoQuant Research Director: Bitcoin is expected to close at around $55,000 in September

Odaily News Julio Moreno, head of research at CryptoQuant, released a simulation forecast of Bitcoin's price trend in September. According to the results of his simulation, Bitcoin prices may drop slightly in September, and the price is expected to be around $55,000 at the end of the month. The simulation shows that Bitcoin prices will fluctuate between $44,000 and $66,000 most of the time. Moreno specifically pointed out that these simulation forecasts are calculated only based on Bitcoin's historical daily yield data in September.