Bitcoin's September Outlook: Optimism Amidst Uncertainty

Bitcoin Bulls Hopeful Despite September Jinx! Bitcoin is up 3% to $110K, fueled by passive bids and rising open interest as traders eye this week's employment data. Options data shows bets on a surge to $120K-$140K by late September, but experts predict limited upside and downside. A spike in downside protection hints at lingering jitters. All eyes are on the U.S. jobs report and potential Fed rate cuts to determine if Bitcoin can defy September's historically bearish trend. Hosted on Acast. See acast.com/privacy for more information.