September is usually a difficult month for Bitcoin. According to SpotonChain, Bitcoin's performance in September has only been on the rise for three of the past 10 years: 2015 (+ 2.35%), 2016 (+ 6.04%), and 2023 (+ 3.91%).
Although September usually falls, it is not inevitable.
A negative performance in August could help avoid a decline in September.
The main selling pressure has been eliminated.
Long-term holders remain firm.
Bitcoin ETFs could become a new buying force.
Favorable interest rates, capital, and regulation support the market.
In the past 10 years, Bitcoin's performance in September has only been on the rise for three years
2024-09-01 02:34:14
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