Crypto Analyst’s September Warning: Bitcoin Faces A Red Month
In a recent video by renowned cryptocurrency analyst Benjamin Cowen, ominous predictions for Bitcoin performance in September have emerged. Cowen, known for his data-driven approach to cryptocurrency analysis, shared his insights regarding Bitcoin’s historical performance in September and its potential trajectory for the current year. Cowen acknowledged that September has traditionally been a challenging month for BTC, often characterized by negative price movements. He emphasized that while historical trends suggest a red month for Bitcoin in September, there are no guarantees, and....
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Over the years, different trends have emerged for the Bitcoin price depending on how the month ends, either in the green or in the red. September has been historically bearish, but the few times that the month has ended in the green, there have been bullish implications for the cryptocurrency. As this month is already shaping up to end in the green, this report takes a look at what has happened in previous years when the month of September has been green. Expect Bullishness From Bitcoin Price If September Closes Green In an X post, crypto analyst Rekt Fencer highlighted an interesting....
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