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Phateemah
September has historically been a challenging month for Bitcoin, with $BTC averaging around a 2.95 percent decline.
This year could bring more volatility, especially with the 10Y Treasury yield rising and markets adjusting to higher for longer rates.
Friday’s US jobs report could be the next major catalyst.
Options positioning also points to strong downside protection around the 68K to 75K zone.
Keeping a close eye on $BTC, $ETH, and $SOL.
#WallerEyesAugCPI
#BTCGoldRatioHigh
$BTC September has historically been one of the toughest months for crypto, and this year may be no different.
Bitcoin has averaged around -2.95% in September historically.
With the 10Y Treasury yield climbing and markets pricing in higher-for-longer rates, Friday’s U.S. jobs report could become the next major volatility catalyst.
Options positioning also shows downside protection concentrated around $68K–$75K.
Watching $BTC $ETH $SOL closely.
#BTCBreaks80KAgain #RobinhoodChainRevenue
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