Analysis: "BTC Shows Seasonal Weakness in September... Possible Retest of $100,000"

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CoinNess
09-01
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As BTC enters September, a seasonally weak month, investors are becoming increasingly cautious, according to analysis. CoinDesk explained, "BTC has fallen an average of 6% in September alone over the past 12 years. While the decline could ease if the Federal Reserve (Fed) cuts interest rates this year, continued outflows from ETFs could make a retest of the $100,000 support level inevitable."

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