As September unfolds, Bitcoin $BTC enters a month historically known for its challenges, often dubbed the "September Curse." With an average decline of 5.36% during this period, the market has its eyes on whether 2024 will break this trend. However, this year brings potential catalysts that could shift the narrative. The upcoming Federal Reserve's $FOMC meeting might be the game-changer, especially if a rate cut is announced, fueling optimism across the crypto market.
Adding to the mix, any developments concerning Binance’s founder, Changpeng Zhao (CZ), could stir significant market movements, given his influence. Despite the historical headwinds, Bitcoin’s long-term outlook remains strong, with solid support levels and bullish indicators still in play. This could be the month where Bitcoin defies expectations—stay tuned as the drama of September unfolds.
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