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Hania razzaq
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, an
#AugPayrollsBeat #BTCGoldRatioHigh #OKXOutcomeLeagueFOMC
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