Posteo

Will BTC go up or down in September? 🔺🔻 BTC ripped about 24% last month and is now holding around $78.5K–$79K. The easy part of the rally is over. September looks more like a digestion month than a clean trend month -September is historically weak. Average return sits around -3% to -4% -Bitcoin has never printed a green September after a green August. The last 4 times this setup appeared, September finished red, averaging about -5.9% -$80K–$82.2K is heavy resistance. ETF flows cooled at the end of August. Fed hike odds and Friday payrolls add noise I think September will be a choppy range. A pullback is possible, so I’ll watch first #BTCOptionsExpiryTest #LaborMarketTestsWalsh