Kryptodata

  • Market Cap: $2,719,323,230,958.77
  • 24h Vol: $90,250,140,301.38
  • BTC Dominance: 50.75%
Bitcoin Price Surges in September 2021, Aiming for $27.5K as Sellers Observe

Bitcoin Price Surges in September 2021, Aiming for $27.5K as Sellers Observe

Bitcoin is on track for a solid performance in September, with a nearly 4% increase month-to-date. However, the cryptocurrency is down over 11% in the third quarter. Traders and analysts are closely watching the final hours of the monthly candle to see if history will repeat itself with a positive October, November, and December. The impending United States government shutdown could continue to suppress BTC price action unless a solution is found. Technical indicators suggest bearish trends, and caution is advised to avoid falling into potential traps set by large traders. The BTC/USD order book on Binance shows bid liquidity around $26,800 and sellers waiting at $27,500. Volatility may be expected later in the weekend or early next week.

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