Bitcoin analysts converge on a breakout in September — But is $86K possible?

Bitcoin could see a breakout to new all-time highs as soon as next month, but BTC must first tackle significant resistance around $59,500.

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Bitcoin (BTC) could see a breakout in September based on historical chart patterns and $86,000 could be the next major price target.

Bitcoin's price could be on track to an imminent breakout in September, based on previous post-halving chart patterns, according to popular analyst Rekt Capital.

The analyst wrote in an Aug. 18 X post to his 493,000 followers:

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