[Coin Circle Insight] Bitcoin is at a historic low, and caution is needed on the eve of the September storm

Bitcoin plummeted 10.25% in August, and Ethereum plummeted 23.66%. The market is waiting for the Fed's interest rate cut and the direction of the US election. It is expected that the weak trend may continue for January and February, and September may become an eventful autumn for the crypto market.

Historical data shows that Bitcoin often falls in September, with an average annual decline of 4.8%. In the next few months, Bitcoin may hover between 50,000 and 65,000 until the election results are announced in November. Trump's victory may become a booster for the market and lead a new chapter in the bull market.

Prediction of the peak of the bull market in 2025: Bitcoin may jump to 150,000-200,000 US dollars, but it may first bottom out below 45,000 US dollars on the way, and black swan events are unpredictable.

Key economic data this month: US non-farm report on September 6, China CPI on the 9th, election debate 2 on the 10th, US CPI on the 11th, and Fed rate cut on the 19th. Spot Contract Junyang 👉@点这里 加密乘风

Strategy advice: Patience is king, wait for the right opportunity. Good investment opportunities require careful layout. If Bitcoin falls below the range of 55,000 to 49,888, it may be a bargain hunting opportunity.

Disclaimer: This article is a personal opinion, not an investment advice, for reference only. Dance with me, grasp the pulse of the market, and crypto financial information will help you navigate. #非农就业数据即将公布 #Telegram创始人获保释 #美联储何时降息？ #以太坊基金会 #英伟达财报