Bitcoin's September Performance May Exceed Expectations Amid Market Trends

According to Odaily, Matrixport has released a new chart indicating that the flow of funds into U.S. Bitcoin spot ETFs has slowed as expected, given that September is typically a weak period. However, the recent upward trend in Bitcoin suggests that its performance this month may surpass expectations. The potential for a U.S. interest rate cut and a strong stock market are contributing factors that could drive Bitcoin's performance beyond anticipated levels. Historically, October has been a strong month for Bitcoin, and investors might take advantage of September's pullback to position themselves for potential opportunities in the fourth quarter.