📊 $BTC #Matrixport : Historically, September is a “weak” month for BTC in terms of yields.

Bitcoin will face additional pressure this year: macro data on the labor market (September 6), the Fed meeting, debates of US presidential candidates, and the outlook for the US technology sector (correlation between NVIDIA and BTC).

At the same time, Matrixport analysts forecast BTC to grow to $70,000 by the end of 2024.