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In September 2024, Bitcoin has shown positive and unexpected behavior, standing out as one of the best Septembers on record. Throughout the month, the cryptocurrency has appreciated by around 8%, which breaks the negative historical trend of this month. This increase has been driven by macroeconomic factors, such as the reduction of interest rates by the US Federal Reserve, which has favored risk assets such as Bitcoin.
In addition, some analysts have pointed out that this year's movements reflect a similar pattern to that of 2023, suggesting that Bitcoin could reach new all-time highs if this behavior is repeated. The sideways trend that BTC has been experiencing in the past few months could soon be broken, which could trigger a new rise.
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