September is historically a bad month for Bitcoin, with only 3 out of the last 11 Septembers showing positive returns. The upcoming FED pivot and policy loosening could bring liquidity, but its impact depends on the size of the rate cut, which is currently priced at about 25 basis points.
"it's only been three months in the past yeah three out of the last 11 septembers have been positive for this is for Bitcoin this is for Bitcoin yeah and um the only the most positive amount I think was 6% or something like that so you know past performance isn't a predictor of future returns obviously as always uh and but um yeah and this month of course we've got something else with the the FED pivot you know so it's obviously the beginning of the loosening policy which could potentially be a harbinger potential liquidity but then again it will only it depends on how how big the the discount is and how much the cut will be"