Bitcoin’s up 1.62% over the past 24 hours, managing to push beyond $110K, as the 24-hour trading volume is 25% in the green. Despite these favorable numbers, September’s Bitcoin looks weak and we should see further dips by October.
At least this is what historical data is suggesting. Based on previous yearly performances, Bitcoin is likely to close September in the red, despite 2023 and 2024 showing consistent gains of 3.99% and 7.11% respectively, according to CryptoRank.
Despite this, Bitcoin’s previous six years were in the red with losses of up to 14%, which casts an ominous vibe on the coin’s next 30 days.
This means that Bitcoin should turn bullish as the year comes to a close, with Bitcoin Hyper’s ($HYPER) $13.4M presale seeing a massive investor surge on the side.
Bitcoin Could See Aggressive Correction
Several catalysts may hinder Bitcoin’s growth over the next month. One is the institutional fatigue, as whales move capital from Bitcoin to Ethereum and other stablecoins.
On the good side of things, this is most likely due to the whales preparing for the September dip and doing some side quests until the main story resumes.
Moves like these fuel the market’s negative sentiment, which explains why the Fear & Greed Index stands at 39 points on the Fear meter.
The resulting snowball effect could take Bitcoin even lower in the charts. A failure to retest the $107K support level could cause a crash to $103K due to the cumulative pressure.
And that’s when Michael Saylor’s Strategy will likely make its move. Strategy has already bought three dips in August, acquiring 3,666 $BTC for a total investment of $426M, which didn’t necessarily rally the market.
However, this time may be different, given that Bitcoin is already entering a bullish phase, according to past performances. Strategy riding a September dip could bring investors back and fuel Bitcoin’s coming bull phase.
Bitcoin Hyper ($HYPER) Offers Bitcoin Faster and Cheaper Transactions
Bitcoin Hyper ($HYPER) is Bitcoin’s official Layer-2 upgrade that aims to solve Bitcoin’s most pressing problem: its native performance limitation.
Bitcoin’s network is capped at seven transactions per second (TPS), which places it on the 26th position on the list of the fastest blockchains by TPS. To put that into perspective, Solana has maximum theoretical TPS of 65K.
This means Bitcoin’s transactions are slow, expensive, and cannot ensure scalability, which means Bitcoin is essentially incompatible with the institutional environment.
Hyper aims to change that with tools like the Canonical Bridge and the Solana Virtual Machine (SVM).
The role of the Canonical Bridge is to decongest Bitcoin’s native network by minting your $BTC onto Hyper’s Layer-2. This results in faster confirmation times – seconds rather than hours – and an overall higher on-chain performance, with smoother traffic and, importantly, lower fees.
Together, these tools will make Bitcoin scalable and able to support DeFi, dApps, and more.
The presale has raised more than $13.4M since it started, with a current token price of $0.012845 – and you can stake it for 81% APY.
Thanks to Hyper’s roadmap and scope, $HYPER could see a massive post-launch boom. Our analysts’ price prediction for $HYPER places the token at around $0.32 by the end of 2025.
If you want to learn how to buy $HYPER, check out our step-by-step guide. Then visit the official Bitcoin Hyper presale website to buy your tokens today.
October Bitcoin is the Best Bitcoin
Bitcoin could experience a dip in September, but that’s not cast in stone. Either way, October looks set to fire $BTC up as the GENIUS Act makes progress and investors turn in their side assets for another dose of Bitcoin.
When that happens, Bitcoin Hyper ($HYPER) could well experience a surge in investors, driving $HYPER into the spotlight.
Don’t take this as financial advice. Do your own research and invest wisely.
Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/bitcoin-could-slump-in-september-bitcoin-hyper-a-safe-buy
