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September is typically a bearish month not only for cryptocurrencies but for all asset classes . October , on the other hand, has seen the strongest bullish seasonality , with BTC posting positive returns and an average gain of 22%. Historical price data shows that from 2013 to 2023, BTC has declined in September 8 times (73% of the time) and risen in October 9 times (82% of the time). I remind you its just a stats! and most cases it will not playing out like previous times $BTC
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The main reason for the decline is weak ISM data for August, which caused all risk assets to fall High volatility is expected in September due to upcoming macroeconomic events such as the publication of employment data and a possible Fed rate cut! Or #BTC☀ just a ponzi. simple $BTC
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Rate Reduction May Negatively Impact Bitcoin, But Recession Concerns Could Prompt a Correction - Analyst According to analysts, the Federal Reserve's forthcoming interest rate decision could have a substantial effect on Bitcoin's short-term volatility and its long-term trajectory. Following the Fed's decision in mid-September, Bitcoin is anticipated to experience a short-term increase, but recession fears may lead to a subsequent correction. A 25 basis point reduction in interest rates would likely mark the commencement of an easing cycle, while a more aggressive 50 basis point reduction could cause a transient spike in Bitcoin's price, followed by a correction. In the event of an economic downturn, Bitcoin could decline by 20% from its current level, reaching a value between $ 40,000 and $ 50,000. Funny cuz same "experts" and analyst shill you 100k ) $BTC
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Nvidia lost $280 billion in capitalization. This is the largest daily loss among all companies in the world in history. All NVIDIA President Jensen Huang has been doing in recent months is selling shares! But here comes the question, why does he not have the right to sell and receive profit?? Who prevents other investors from doing the same? And yes, I want to note for everyone who is a member of the orange coin cult, the president of nvda is also not obliged to invest profits in the crypto market)) If suddenly someone thought that now this money will start to enter the casino market. $BTC #BTC☀
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$MANTA Network Price Prediction. How is your bags? #MANTA/USDT.
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