COINOTAG news, on September 17, Matrixport unveiled its latest chart analysis, highlighting that the inflow of funds into the US Bitcoin spot ETF has decelerated as anticipated, given that September typically trends weak. However, Bitcoin’s recent bullish movement hints at a stronger-than-expected performance for this period. Buoyed by potential interest rate reductions in the United States and a robust stock market, Bitcoin is projected to outperform forecasts. Historically, October has stood out as a potent month for Bitcoin, and current investors might leverage the September market dip to strategize for substantial gains in the fourth quarter.
Source: https://en.coinotag.com/breakingnews/bitcoin-poised-for-strong-q4-as-september-weakness-creates-strategic-investment-opportunities/