BITCOIN MONTHLY CHART
Range for Sept: $46,000- $70,000.
Bitcoin closed monthly candle at
$58,975 with 8.75 correction. This
is lowest closing in last 6 month.
US Stocks closed monthly near ATHs
While Bitcoin closed at 6 month low. This show conflict, Either Stock are overvalued or Bitcoin is under valued
Generally Sept is bearish month in BTC
History. In last 7 year, six times it gave negative return. In last 7 years Bitcoin gave max negative correction of 13% in year 2019, while max positive 4% jump
in year 2023.
Major Event to watch:
US Election: Nov 5
FOMC meeting:
CPI data: Each month
Job Data: Each month
Change in M2 Money supply
