Bitcoin (BTC) is set to close out an unusually bullish “Rektember” month with a 9% increase. Despite a sell-off heading into the weekly close, BTC is holding onto last week’s support levels.

US Federal Reserve Chairman Jerome Powell is starting the week with expectations for a November rate cut. While 2024 could be Bitcoin’s best September, “Uptober” generally promises a 23% rally.

Retail investor interest is returning, Coinbase app downloads are on the rise. Market whales are resisting profit-taking.

What do you think about Bitcoin’s future? Let’s discuss in the comments!