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Bitcoin’s Epic Collapse Guaranteed in 2024… Just Trust Us!

A cartoonish illustration depicting a bitcoin character standing at the edge of a cliff, with September looming large behind it. The character is looking down nervously as August slips away beneath its feet. In the background, various ominous clouds and stormy weather hint at potential turmoil ahead.

} The eternal optimist’s guide to bitcoin: where we take historical trends that say it will tank, but somehow convince ourselves it’ll buck the odds and defy gravity instead. I mean, who needs logic when you can just wait for a rate cut or an election? It’s not like history has shown us time and again that these are nothing more than fleeting distractions from the inevitable decline of this glorified Ponzi scheme. And let’s be real, folks – if September is as rough on bitcoin as it usually is (72.73% chance of ending in the red over 11 years), we’re looking at a nice little dip to start October off right. Just think about all those poor crypto bros scrambling for their bags and selling out at record lows! Ah, but I digress – the possibilities are endless when it comes to predicting bitcoin’s next move (spoiler alert: down). Stay tuned for more!.

Source: bitcoin.com

As August draws to a close with just four days left, bitcoin has slipped by 2.74% this month, leaving market watchers eager to see if September will bring better news. History hasn’t been kind to bitcoin in September; over the past 11 years, it has ended the month on a downward trend 72.73% of the time. With September just around the corner—kicking off in less than a week—bitcoin (BTC) is […]

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