Home web3.0 Bitcoin (BTC) Hit by September Seasonality, But Long-Term Investors See a Perfect Convergence of Bullish Factors for Q4

Bitcoin (BTC) Hit by September Seasonality, But Long-Term Investors See a Perfect Convergence of Bullish Factors for Q4

Sep 07, 2024 pm 03:35 PM
btc Bearish September

Bitcoin fell below $60,000, with ETF products seeing consistent outflows for multiple days in the first week of the month. The historical average return for BTC throughout September has been negative 6.56%

Bitcoin (BTC) Hit by September Seasonality, But Long-Term Investors See a Perfect Convergence of Bullish Factors for Q4

Bitcoin fell below $60,000 this month, with ETF products seeing consistent outflows for multiple days in the first week.

Historically, the average return for BTC throughout September has been a negative 6.56%. While this month is looking blue, investors should be warned against getting carried away in bearish phantasies.

BTC habitually and forcibly reminds investors how quickly it can move in either direction, and long-term price predictions remain intact.

The wildly accurate Decaying Peaks study forecasts $164,000 in 2025, and more voracious calls from Saylor predict that ‘BTC is going to eat gold.’ Do not let short-term noise drown out the long-term signal.

Bitcoin will trade far higher than most imagine, and a Trump victory would be the icing on the cake, with positive regulation ushering billions, perhaps trillions, into markets.

While this may be a doldrum month for equities and BTC, investors should look ahead: A weakening dollar and rate cuts are the two most significant catalysts for BTC price appreciation. Do not lose sight of the bigger picture.

Bitcoin Dogs is the Bitcoin network’s first-ever ICO, and while markets have been largely ambivalent, this project has been shipping, taking no notice at all of seasonality.

Following a bumper $13.4 million presale raise, 0DOG has already gone on to list on Gate.io and MEXC.

Being a part of history is a rare gift, and in retrospect, buying 0DOG at the lows will be a no-brainer. Soft-pegged to the BTC price and functioning as a leveraged play on crypto’s largest asset, anyone net bullish on BTC this year should add 0DOG to their portfolio.

Most missed buying BTC in the early days; will they make the same mistake with 0DOG?

Bitcoin Dogs covers every angle, having grown into the role of the Bitcoin ecosystem’s leading meme coin. It boasts an NFT Ordinals collection and will ship a Telegram game later this quarter.

Even better, thanks to the current community opting for a six-month cliff, only 5% of the presale tokens are liquid, heavily stacking the order books in favor of bulls.

Senior analysts have given 100X price predictions for 0DOG heading into 2025 and stated that investors would be well served not to allow a bearish month to detract from the larger picture.

Rate cuts are coming, and billions of dollars will soon flee money markets into equities. The United States’ mounting debt will force more money printing, and Bitcoin is the ultimate hedge against dollar devaluation.

Imagine how high a leveraged BTC play like 0DOG climbs when Bitcoin finally crosses $100,000. While September seasonality may currently rule the day, long-term confluence points to a crazy ride in 2025.

To learn more, visit the official Bitcoin Dogs website.

The above is the detailed content of Bitcoin (BTC) Hit by September Seasonality, But Long-Term Investors See a Perfect Convergence of Bullish Factors for Q4. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Ouyi Ouyi Ouyi Ouix Ouyi Global Station Login Home Page Ouyi Ouyi Ouyi Ouix Ouyi Global Station Login Home Page Apr 21, 2025 pm 11:57 PM

Ouyi OKX is the world's leading digital asset trading platform. 1) Its development history includes: it will be launched in 2017, the Chinese name "Ouyi" will be launched in 2021, and it will be renamed Ouyi OKX in 2022. 2) Core services include: trading services (coin, leverage, contracts, DEX, fiat currency trading) and financial services (Yubibao, DeFi mining, lending). 3) The platform's special functions include: market data services and risk control system. 4) Core advantages include: technical strength, security system, service support and market coverage.

Litecoin (LTC) price drops sharply to $65 Litecoin (LTC) price drops sharply to $65 Apr 21, 2025 pm 06:15 PM

Litecoin (LTC) price plummeted to $65 in early April, down nearly 7.5% in a week, echoing the plunge in the wider cryptocurrency market. The market crash caused billions of dollars to evaporate market value, Bitcoin (BTC) fell below $75,000, and altcoins generally fell. Macro factors such as rising U.S. Treasury yields and expected interest rates appear to intensify risk aversion in global markets. In addition, the large outflow of funds from Bitcoin spot ETFs further hits the confidence of retail investors and institutional investors. Against this backdrop, Litecoin is once again facing its long-term resistance level - the 200-week exponential moving average (EMA). The EMA had suppressed LTC prices in July 2023, when the price was close to $88. Historically, LTC and the

What does cross-chain transaction mean? What are the cross-chain transactions? What does cross-chain transaction mean? What are the cross-chain transactions? Apr 21, 2025 pm 11:39 PM

Exchanges that support cross-chain transactions: 1. Binance, 2. Uniswap, 3. SushiSwap, 4. Curve Finance, 5. Thorchain, 6. 1inch Exchange, 7. DLN Trade, these platforms support multi-chain asset transactions through various technologies.

How to trade quantum chains How to trade quantum chains Apr 21, 2025 pm 11:42 PM

The quantum chain (Qtum) transaction process includes three stages: preliminary preparation, purchase and sale. 1. Preparation: Select a compliant exchange, register an account, perform identity verification, and set up a wallet. 2. Purchase quantum chains: recharge funds, find trading pairs, place orders (market orders or limit orders), and confirm transactions. 3. Sell quantum chains: Enter the trading page, select the trading pair and order type (market order or limit order), confirm the transaction and withdraw cash.

The latest updates to the oldest virtual currency rankings The latest updates to the oldest virtual currency rankings Apr 22, 2025 am 07:18 AM

The ranking of virtual currencies’ “oldest” is as follows: 1. Bitcoin (BTC), issued on January 3, 2009, is the first decentralized digital currency. 2. Litecoin (LTC), released on October 7, 2011, is known as the "lightweight version of Bitcoin". 3. Ripple (XRP), issued in 2011, is designed for cross-border payments. 4. Dogecoin (DOGE), issued on December 6, 2013, is a "meme coin" based on the Litecoin code. 5. Ethereum (ETH), released on July 30, 2015, is the first platform to support smart contracts. 6. Tether (USDT), issued in 2014, is the first stablecoin to be anchored to the US dollar 1:1. 7. ADA,

Ranking of leveraged exchanges in the currency circle The latest recommendations of the top ten leveraged exchanges in the currency circle Ranking of leveraged exchanges in the currency circle The latest recommendations of the top ten leveraged exchanges in the currency circle Apr 21, 2025 pm 11:24 PM

The platforms that have outstanding performance in leveraged trading, security and user experience in 2025 are: 1. OKX, suitable for high-frequency traders, providing up to 100 times leverage; 2. Binance, suitable for multi-currency traders around the world, providing 125 times high leverage; 3. Gate.io, suitable for professional derivatives players, providing 100 times leverage; 4. Bitget, suitable for novices and social traders, providing up to 100 times leverage; 5. Kraken, suitable for steady investors, providing 5 times leverage; 6. Bybit, suitable for altcoin explorers, providing 20 times leverage; 7. KuCoin, suitable for low-cost traders, providing 10 times leverage; 8. Bitfinex, suitable for senior play

What are the hybrid blockchain trading platforms? What are the hybrid blockchain trading platforms? Apr 21, 2025 pm 11:36 PM

Suggestions for choosing a cryptocurrency exchange: 1. For liquidity requirements, priority is Binance, Gate.io or OKX, because of its order depth and strong volatility resistance. 2. Compliance and security, Coinbase, Kraken and Gemini have strict regulatory endorsement. 3. Innovative functions, KuCoin's soft staking and Bybit's derivative design are suitable for advanced users.

Bitcoin outbreak Sparks crypto chaos: What traders must know now Bitcoin outbreak Sparks crypto chaos: What traders must know now Apr 21, 2025 pm 07:12 PM

The plunge in Bitcoin has caused turmoil in the crypto market, and the digital finance field is facing severe tests. Bitcoin (BTC) price has fallen nearly 4% recently, dragging down the overall cryptocurrency market. As of press time, Bitcoin fell 3.9% in 24 hours to $77,816.41, after hitting a high of $83,778.12. Bitcoin price trend chart (1 day): Chart: TradingView Relative Strength Indicator (RSI) Analysis: The RSI indicator is used to measure the recent price fluctuations and determine whether asset prices are overbought or oversold. The RSI value is between 0 and 100. Generally speaking, an RSI value above 70 means that the asset is overbought and may be a pullback; a lower than 30 means that it is oversold and may be a rebound. Currently, the Bitcoin RSI value is 7