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K33: Bitcoin may fall below 100,000 USD in September.
Odaily News K33 Research Director Vetle Lunde pointed out in the latest report that overlooked macro catalysts may pull the market out of its "comfortable numb state" close to historical highs, triggering a new wave of selling pressure that could drag Bitcoin prices below $100,000. Historical data shows that since 2011, September is the only month with a negative average return rate for Bitcoin, at -4.6%. Vetle Lunde added that new macro headwinds have intensified bearish sentiment, despite a federal appeals court ruling that the comprehensive tariffs reinstated in early August are illegal, these tariffs are still effective, with enforcement pushed back to mid-October. (The Block)