Bitcoin Price Outlook for September
Almost ten days into September, market volume in bitcoin has started rising, as traders return to action following the summer break. As volume returns, so does volatility, with this week showing both high levels of bullish and bearish sentiment in the token. Looking forward to the remainder of the month, the main question is undoubtedly whether either of these can prevail, or will price consolidation continue for another month. Current Market Status Last Friday saw the release of August’s non-farm payrolls (NFP). Which showed that 315,000 jobs were added to the U.S.....
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As quickly as bitcoin price had dropped below it, the $330 level has been reclaimed and is currently supporting an unsure sideways price pattern. The outlook turns cautiously optimistic, but we see from similar price action, during September, that at least one more drop lower could happen before any return to advance. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 14h24 UTC. BTCC 4-Hour Chart. From the analysis pages of xbt.social,....
In September, the Darkcoin price broke out of a slump and surged at an impressive rate. However, Darkcoin could not sustain that massive amount of investment capital, because the Darkcoin price climb turned into a price bubble that popped during the latter half of September. But it appears the decline may be over and that Darkcoin is returning to its mean price level. Also Read: Darkcoin 2.0 Open Source - Can Darkcoin get it's mojo back? Darkcoin Price Returns to Mean After September Price Bubble. During the early portion of September, the Darkcoin price hovered around 590,000 satoshis. On....
The Bitcoin price is falling again this September, but SkyBridge CEO Anthony Scaramucci says there is no reason to call it a crash. He explained on a CNBC Squawk Box segment that the current weakness is part of a regular cycle that happens almost every year. According to the CEO, short-term fluctuations do not alter the broader picture for Bitcoin. For this reason, Scaramucci says he is keeping his bullish outlook and is not changing his prediction. Scaramucci Says Bitcoin Price September Weakness Is Seasonal Anthony Scaramucci says September has historically been a challenging month for....
Historical data provides a bullish outlook for the XRP price this month, with the altcoin likely to record significant gains based on past performance. Specifically, the average monthly returns show that XRP could even record double-digit gains. Average Monthly Returns Point To Notable Gains For The XRP Price Cryptorank data shows that the XRP price has historically recorded an average monthly return of 13.8% in September. This suggests that the altcoin could again record positive returns this time around, especially as it looks to reclaim the psychological $3 level. Meanwhile, it is....
The most recent Ethereum price predictions hint at a rich end of the month for Ethereum with a potential October bull ready to attack. This optimistic outlook comes as Ethereum just recorded the lowest 7-day average of the year at 0.93 as $ETH has been on a downward spiral since the 19th. Cryptoquant believes that […]