🚨 BITCOIN: AUGUST WAS BRUTAL… WHAT WILL HAPPEN IN SEPTEMBER? ₿
Bitcoin ends August with a move close to +23%, far outperforming several traditional assets. 🔥
But now a much more interesting phase begins 👀
BTC pulled back from $81K and is currently trading around $78K, while the market starts to wonder whether the rally can continue.
📊 And September brings several catalysts:
🇺🇸 U.S. employment → Friday’s data could change expectations for the Fed.
🏦 Interest rates → the market is increasing the odds of a September rate hike.
🛢️ Oil → new geopolitical tensions are putting pressure on prices and complicating the inflation picture.
💰 Institutional flows → still a key variable for Bitcoin.
⚠️ And there’s another piece of data I find interesting:
Historically, September is usually not the best month for BTC.
👇 I WANT YOUR SCENARIO:
🟢 $BTC > $85K in September
🔴 $BTC < $70K
Which side are you on? 👇
#Bitcoin $BTC
Bitcoin ends August with a move close to +23%, far outperforming several traditional assets. 🔥
But now a much more interesting phase begins 👀
BTC pulled back from $81K and is currently trading around $78K, while the market starts to wonder whether the rally can continue.
📊 And September brings several catalysts:
🇺🇸 U.S. employment → Friday’s data could change expectations for the Fed.
🏦 Interest rates → the market is increasing the odds of a September rate hike.
🛢️ Oil → new geopolitical tensions are putting pressure on prices and complicating the inflation picture.
💰 Institutional flows → still a key variable for Bitcoin.
⚠️ And there’s another piece of data I find interesting:
Historically, September is usually not the best month for BTC.
👇 I WANT YOUR SCENARIO:
🟢 $BTC > $85K in September
🔴 $BTC < $70K
Which side are you on? 👇
#Bitcoin $BTC