cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

3 Big Reasons September Could Spark a Bitcoin (BTC) Rally

-

by

cryptd.in
in

TL;DR

  • Bitcoin (BTC) is trading below $110,000, but several elements suggest the asset may experience a substantial resurgence in the following weeks.
  • Despite the positive signals, September has historically been a weak month for the asset.

Massive Gains This Month?

The primary cryptocurrency exploded to a new all-time high in mid-August, surpassing $124,000. Since then, though, it has struggled to maintain its momentum and now trades $15,000 lower. However, investors and crypto enthusiasts have not lost hope that the bull run is over, with all eyes now fixed on September.

One important event that could act as a major catalyst this month is the potential lowering of the interest rates in the United States. Less than two weeks ago, Jerome Powell, Chairman of the Federal Reserve, hinted at his speech in Jackson Hole that the benchmark might indeed be decreased before the end of the year. 

The move (if implemented) will make money-borrowing cheaper and is likely to increase the interest in risk-on assets (such as BTC). Currently, the rates are in the range of 4.25% – 4.5% and the last time they were lowered was in December 2024. 

The Fed’s next FOMC meeting is scheduled for September, and according to Polymarket, there is an 83% probability that the percentage will be decreased by 0.25%. The odds of a more drastic drop by half a percent are a mere 3.6%, while “no change” is estimated at 13%.

Fed Decision in September
Fed Decision in September, Source: Polymarket

We move on to the amount of BTC stored on crypto exchanges, which, a few days ago, plummeted to a new seven-year low. The exodus from centralized platforms indicates that more and more investors are shifting toward self-custody methods, which reduces immediate selling pressure and could be interpreted as a bullish indicator.

BTC Exchange Reserve
BTC Exchange Reserve, Source: CryptoQuant

Last but not least, we will examine the popular Fear and Greed Index, which analyzes the current sentiment of the Bitcoin market. It ranges from 0 to 100 and shows the current state of the overall market sentiment from Extreme Fear to Extreme Greed. Due to the asset’s price retreat in the past few days, the index entered “Fear” territory and currently has a ratio of 46.

BTC Fear and Greed
BTC Fear and Greed, Source: alternative.me


This may sound disturbing for bulls, but it sometimes indicates that the panic selling might already be behind us and could be seen as a buying opportunity. In cases like this, it is always helpful to cite Warren Buffett’s famous investment maxim: “Be fearful when others are greedy, and greedy when others are fearful.”

History Is on the Bearish Side

Despite the aforementioned factors that suggest BTC could rally in the next 30 days, investors should keep in mind the asset’s historical performance in September. In the past 12 years, the price managed to close in the green only four times. 

Moreover, September has always been red for BTC following a halving year. Recall that the last halving happened in the spring of 2024, and it will be interesting to see whether history will repeat itself.

BTC Monthly Returns
BTC Monthly Returns, Source: CoinGlass

게시물 3 Big Reasons September Could Spark a Bitcoin (BTC) Rally 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (383) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (69) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (64) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (3) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (5) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.