September Events Calendar Part 1
There are several important points for the month of September where increased market volatility is expected:
- September 6 - Labor Market Data. July 5 and August 5 were extremely volatile to the downside after the data was released.
The market now interprets and considers the most important indicator of the health of the U.S. economy - not inflation, but the number of jobs created. Based on this data on August 5 - the market plunged into a not-so-pleasant weekend when BTC went below $50K.
- September 18 - the outcome of the Fed's two-day meeting, the announcement of a rate cut. The full moon is also graceful on this day.
- September 20 - triple witching - a day when stock options, stock index futures and stock index options expire on the same day. This only happens four times a year - on the third Friday of March, June, September and December - which can lead to a dramatic increase in trading volume and volatility.
- September 28-29 is the date CZ is released from places not so remote. Pumps of bnb are expected in the area.
Some more extras:
Maximum intra-month drawdowns in September BTC by year:
2023 -17.29%
2022 -27.04%
2021 -21.22%
2020 -20.88%
2019 -36.42%
2018 -27.10%
2017 -40.72%
2016 -10.43%
2015 -12.11%
2014 -36.13%