📊 Bitcoin September Update: Trends & Outlook 📊
🔹 Over the past 11 years, Bitcoin has seen an average decline of 4% in September.
🔹 In 2024, institutional investors have taken the lead, with Bitcoin’s performance influenced by U.S. spot ETFs.
🔹 The U.S. Federal Reserve's potential 50-point rate cut might shake markets.
🔹 Bitcoin is in a descending channel with low trading volume, signalling a pause in its upward trend.
🔹 The Active Address Sentiment Indicator shows potential market overheating.
September could be the last hurdle before Bitcoin’s historically strong Q4, setting the stage for a bullish 2025. 📈🚀