signs that the crypto bull run is coming this Septemberrecent weeks, #Bitcoin [BTC] has experienced significant price volatility, leading to a drop below the psychological $60,000 level.
While this decline has impacted the overall cryptocurrency market, it also presents the potential for a crypto bull run, particularly as we move into Septemberโa month historically known for negative trends in financial markets.
However, several indicators suggest that this September might break the pattern and herald a bullish phase Historically, when the balances of these assets on exchanges decrease, it suggested that investors were moving their holdings to cold storage.
This indicated a long-term holding mentality rather than a desire to sell. This trend often precedes a bull run, as it reduces the available supply of these assets on exchanges, creating conditions for upward price pressure.
As of this writing, Bitcoinโs cryptocurrencies.