According to ChainCatcher, Matrixport released its latest chart report, pointing out that the flow of funds in the US Bitcoin spot ETF slowed down as expected, as September is usually a weak period.
However, Bitcoin’s recent uptrend suggests it could outperform expectations this month, driven by a possible rate cut in the U.S. and a strong stock market.
Since October has always been a strong month for Bitcoin, investors may take advantage of the September pullback to plan for potential opportunities in the fourth quarter.
