According to BlockBeats, on September 17, Matrixport released its latest chart report, pointing out that the flow of funds for the US Bitcoin spot ETF slowed down as expected, as September is usually a weak period.
However, Bitcoin’s recent uptrend suggests it could outperform expectations this month, driven by a possible rate cut in the U.S. and a strong stock market.
Since October has always been a strong month for Bitcoin, investors may take advantage of the September pullback to plan for potential opportunities in the fourth quarter.