August concluded with BTC down by -11.29%
QCP Capital Analysis predicts that the BTC price will continue to decline until the beginning of Q4 as optimism surrounding spot ETFs fades away.
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According to them, the spotlight will shift to Q1 2024, with a likely ETF approval in March and the halving in April.
Meanwhile, other ETF analysts recommend keeping a close eye on developments in mid-October, considering upcoming deadlines and ETF approval expectations for this year.
September closed with BTC down 8 out of 10 times, averaging at -5.6%.
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