#BTC will increase in 'Uptober' ??
As you know, T9 has had a long-standing feud with the market...
Since Bitcoin started trading in 2010, it has decreased by 4.5% on average each September
And not surprisingly, this month Bitcoin has also 'evaporated' 4.3%, almost reaching the average decrease of September, although there are still 2/3 months left
But - don't lose hope!
You can put your faith in Q4, which is usually the time when $BTC flies the highest in the year
BTC usually increases by an average of 30% in T10, so it is favored by many of you who are stuck with it
Many big names in the industry still believe that Bitcoin will soon escape this dark period.
> The biggest question now is: How much will the Fed reduce?
CME Group's FedWatch tool puts the odds of a 0.5% and 0.25% cut at 17% and 83%, respectively.
Last week, they were 31% and 69%. The Fed is expected to act on September 18.
> White House Race Affects Crypto Prices
The US presidential election in November is also a "ticking time bomb" affecting the price of $BTC. It's unclear who will win, but volatility is sure to increase.
Crypto has poured hundreds of millions of dollars into lobbying to create friendlier regulations.
Bitcoin's 30-day volatility has jumped to 70%, nearly double last year and close to its peak in March when Bitcoin hit ATH
But the crazier the market gets, the more people rush in like moths to a flame - so this is an opportunity in a challenge =)))
