Bitcoin Price Outlook for September

Bitcoin Price Outlook for September

Almost ten days into September, market volume in bitcoin has started rising, as traders return to action following the summer break. As volume returns, so does volatility, with this week showing both high levels of bullish and bearish sentiment in the token. Looking forward to the remainder of the month, the main question is undoubtedly whether either of these can prevail, or will price consolidation continue for another month.

Current Market Status

Last Friday saw the release of August’s non-farm payrolls (NFP). Which showed that 315,000 jobs were added to the U.S. economy.

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Although the labor market continues to be the bedrock of optimism in the United States, it has not been enough to avert attention away from the inflationary crisis.

Despite the better-than-expected NFP

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