$BTC cools off around $80K: September puts the market to the test again
Bitcoin is showing a much calmer behavior after the volatility of recent weeks, moving around the $80,000 zone.
The focus now is on a question that comes up every September: will seasonal weakness repeat after a positive August?
September’s track record has led many traders to watch this month cautiously. However, seasonality alone does not determine BTC’s next move.
What will matter is whether Bitcoin manages to stay above its recent support levels or whether sellers appear again.
👀 September has only just begun and #BTC is already testing the market’s patience.
Bitcoin is showing a much calmer behavior after the volatility of recent weeks, moving around the $80,000 zone.
The focus now is on a question that comes up every September: will seasonal weakness repeat after a positive August?
September’s track record has led many traders to watch this month cautiously. However, seasonality alone does not determine BTC’s next move.
What will matter is whether Bitcoin manages to stay above its recent support levels or whether sellers appear again.
👀 September has only just begun and #BTC is already testing the market’s patience.