🚨Red September: Today’s Update
1. Historical Context
“Red September” refers to the historically weak performance of $BTC
in September.
Since 2013, $BTC has averaged around –3.7% losses every September.
Even stock markets like the S&P 500 also show weakness in September.
2. 2025 Setup: Risk & Opportunity
Bitcoin broke the losing streak in 2024 with a +7.29% September gain. Question now: will 2025 repeat that?
Currently, BTC trades near $108K, close to its 200-day MA support.
If bulls step in, rebound targets are $124K+.
3. Technical Landscape
Bitcoin recently broke below key supports:
50-day & 100-day SMAs
Zones around $111.9K and $109.3K
If bearish pressure continues, BTC could test $100K.
4. Market Sentiment & Macro Catalysts
Fear & Greed Index is now neutral (~49). Last month it was 75 (greed), showing more caution now.
Key events to watch:
U.S. Nonfarm Payrolls (Sep 5): Strong data may hurt BTC (strong dollar), weak data could boost it.
Fed Rate Decision (Sep 16–17): Expected rate cuts might support BTC unless hawkish surprises occur.
5. Current Market Snapshot
Bitcoin: ~$110K, down from ~$123K in mid-August.
Ethereum: Also dropped nearly 2%.
Binance Square update: BTC briefly regained $111K after whales added $449M). Weekly loss: –3.2%.
Support zone: $105K–$108K
Upside target: $115K–$125K if bullish momentum returns.
#RedSeptember #ListedCompaniesAltcoinTreasury #USNonFarmPayrollReport #GoldPriceRecordHigh #TrumpFamilyCrypto