Bitcoin (BTC) has dipped back below $27,000, but is still trading in the green for the month and to the north of its 50-Day Moving Average (DMA).
September is usually one of the worst months of the year for Bitcoin, so this is a strong sign heading into October, a month that is typically much friendlier to the BTC price.
Whether Bitcoin can break back into the $28,000s and beyond its 200 and 100DMAs maybe be a key question for October….
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