Bitcoin (BTCUSD) Price Forecast: September 3
The BTCUSD price resumes upside correction today and may continue growing if the support level at the $57,200 remains held and the daily chart closes above the $68,000 resistance level, then there is a high probability of the price going up to its recent swing high of $72,777 resistance trend which could further lead the largest crypto price to a $75,000 upper high mark and beyond, indicating potential for high recovery.
Key Levels:
Resistance Levels: $66,000, $67,000, $68,000
Support Levels: $53,000, $52,000, $51,000
BTC (USD) Long-term Trend: Bearish (Daily Chart)
Bitcoin resumes upside correction after updating the lows as the bulls return briefly in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages, indicating a bearish trend. 
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
After completing the low dips, the BTCUSD resumed upside correction and pulled back to a $58,584 supply level below the EMA-50 as the daily chart opens today, confirming the returns of the bulls to the market. Thus, a break above $72,777 would intensify the buying pressure on the crypto.
Additionally, the BTCUSD price is unlikely to fall again as the market is also showing an upward trend on the daily stochastic. As a result of this, the crypto price may reach the $75,000 high level soon as the crypto resumes upside correction in the long-term perspective.
BTC (USD) Medium-term Trend: Bearish (4H Chart)
Bitcoin price resumes upside correction as it starts to turn bullish as can be seen from the chart now. The price of BTCUSD is currently trading at the resistance close to the EMA-50. So, it seems likely that the bulls are about to take over and push us higher.
The sustained bearish move to a $57,200 low value in the past few hours has made the price remain below the supply levels in its recent high.
Today, the Bitcoin market resumes upside correction as the bulls drove the coin price to $58,584 below the EMA-50 as the 4-hour chart opens today, resulting in intraday gains for the buy investors. Thus, buyers must add more pressure to their activities to move the market beyond the current price level.
Meanwhile, the Bitcoin market is pointing up on the daily stochastic, suggesting more upside correction which will compel the long traders to emerge and push the market price of BTCUSD up to a significant level of $75,000 upper high level in the days ahead as the coin resumes upside correction in its medium-term time frame.
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