Matrixport: Bitcoin unexpectedly strengthened in September, and investors are optimistic about its potential in October

BlockBeats news, on September 17, Matrixport released the latest chart report pointing out that the flow of funds in the US Bitcoin spot ETF slowed down as expected, as September is usually a weak period.

However, Bitcoin's recent upward trend suggests that this month's performance may be better than expected. Driven by the possible interest rate cuts in the United States and the strong stock market, Bitcoin is expected to exceed expectations.

Since October has always been a strong month for Bitcoin, investors may take advantage of the September pullback to lay out potential opportunities in the fourth quarter.