Bitcoin’s price struggles with renewed volatility, echoing its past as September remains the worst-performing month, with returns dropping by up to 19%.
Factors like interest rate cuts and breaking key resistance levels could change the trajectory, offering hope despite market uncertainties.
As previously predicted in the recent CNF update, Bitcoin Crash: Real Reasons Why BTC Price Plummeted to $59,000, it was assumed the price would either go to $50,000 or $70,000. According to recent market reports, Bitcoin is experiencing renewed volatility, with its price struggling around $59,144 after a brief rally to $73,750.07. The price decreased by 0.08% in the past day and 2.65% in the past week. See BTC price chart below.
Furthermore, according to Coinglass data, September has seen returns drop by as much as 19%, marking it as Bitcoin’s worst-performing month, as tweeted on The Moon X account.
September is usually the worst-performing month for #Bitcoin. Is this time going to be any
