Can Bitcoin Reclaim $60K This September?
The Bitcoin (BTC) market has witnessed major price changes over the past week. The king coin went from a high of $60,000 to a low of $52,714. Just a week into September, the asset has dropped by nearly 7%. This isn’t surprising as BTC has witnessed more falls than upticks in September over the past couple of years. According to CryptoRank, the average price change of Bitcoin change in September remains at a negative 6%. Also Read: BTC Critic Peter Schiff May Become A Bitcoin Proponent If This Happens Bitcoin Price Analysis and Predictions Source Current Market Performance Looking at the above chart, it might be difficult for the asset to reach the $60,000 mark this month. BTC was trading at $55,281.35 at press time, following a 1.65% increase over the past 24 hours. A cryptocurrency analyst by Rekt Capital highlighted that Bitcoin is in a halving year. The expert said, “So it makes most sense to compare 2024 with previous Halving years. In the previous Halving years (2016 & ...