Bitcoin (BTC) bulls lost their grip on $27,000 into Sept. 30 as the monthly and quarterly close loomed large.

Bitcoin braces for three key candle closes

Data from Cointelegraph Markets Pro and TradingView tracked a cooling off for BTC price action ahead of the key September candle print.

The largest cryptocurrency remained up nearly 4% month-to-date, marking its most successful September since 2016, per data from monitoring resource CoinGlass.

Conversely, the quarterly performance for Q3 showed BTC/USD down 11.5% at the time of writing.

For traders and analysts, everything could change in the final hours of the monthly candle.

“In the past, a green September resulted in a green October, November and December as well,” popular trader Jelle noted in part of the day’s X analysis.

“Will history repeat?”

The day prior, Jelle predicted better conditions for Q4, including a breakout past $30,000 for the first time since early August.

After mo

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Author: William Suberg

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