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The monthly chart for #Bitcoin looks excellent.
The selling pressure is, every month, quickly getting absorbed through which the markets are running back upwards.
I'm expecting September to be green and an excellent Q4 of 2024.
When BTC was at 16k people been telling me not to buy here because 10-12k would come. I ignored their worthless and empty words and went all in at the absolute bottom. The current cycle isnβt different
They wait for 40k but will buy higher
#TON is about to make a move! Keep an eye on this 4H Symmetrical Triangle π
π Potential Bullish target - $6,4
π Potential Bearish target - $4,3
Is September really a down month for #BTC?
Since 2013, $BTC saw monthly returns of +2.35%, +6.04% and +3.91% across three Septembers
And across 6 Septembers, BTC saw negative monthly returns ranging between -1% to -7.5%, with only two instances of double-digit downside (i.e. -19.01% and -13.38%)
Across Septembers therefore, we more commonly see small single-digit downside vs small-digit upside
Macro-wise however, September is typically a month of consolidation
#Crypto #Bitcoin
#Bitcoin Best Buying Opportunities π°
#BTC just tagged the green area of the Gravity Waves.
In a cycle, there are no better buying entries than these areas and below.
If you're a Bitcoiner from one of these places, I want to follow you:
Abu Dhabi
Bahrain
Dubai
Saudi
Turkey (just got back from 53 days in beautiful TΓΌrkiye!)
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The monthly chart for #Bitcoin looks excellent.
The selling pressure is, every month, quickly getting absorbed through which the markets are running back upwards.
I'm expecting September to be green and an excellent Q4 of 2024.