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Matrixport: Bitcoin unexpectedly strengthened in September, investors are optimistic about October's potential

Matrixport: Bitcoin unexpectedly strengthened in September, investors are optimistic about October's potential

Bitget2024/09/17 08:25

Matrixport's latest chart report indicates that the flow of funds into U.S. spot Bitcoin ETFs has slowed as expected, as September is typically a sluggish period. However, the recent uptrend in Bitcoin suggests that its performance this month may exceed expectations. With potential interest rate cuts in the United States and a strong stock market, Bitcoin is expected to outperform predictions. As October has always been a strong month for Bitcoin, investors may take advantage of the pullback in September to position themselves for potential opportunities in the fourth quarter.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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