The September Curse: Why Bitcoin Price May Touch $10,000

The September Curse: Why Bitcoin Price May Touch $10,000
September has been a historically bearish month for bitcoin and the rest of the crypto market by extension. Back in 2021, bitcoin’s deviation from expected market trends had sparked hope that it would break the September curse, but alas, it followed it to a T. This is why with the new month already ushered in, there are expectations that the price of BTC will continue to dive and likely reach lower trends as it enters the worst of the bear market. Analyst Says Brace For Impact One of those who have referred to the September curse in their analysis of the price of bitcoin is Scott Redler, the Chief Strategist at T3 Trading Group. Redler posted a bitcoin chart outlining the movement of the digital asset since last year, marking important technical points that had triggered a downtrend in its price. Related Reading: A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin? An important level that has been mapped out by BTC lately is the $17,600. This represents the new local lo ..

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