Bitcoin’s Correction Nearing End? Analysts Point to Cyclical Lows in September

Bitcoin has been experiencing a correction phase for the past three weeks, marked by declining demand and increasing selling pressure. Although September historically sees a weak month for Bitcoin, analysts believe it could mark a cyclical low for this downturn as the month progresses. 📈 A recent report from crypto exchange Bitfinex highlights that post-halving years often see bottom levels in September, followed by a rally into Q4 – these rallies signify the end of bull runs and the start of bear cycles. So, September offers a foundation for renewed rallies into October and November. 🚀