Bitcoin price remains remarkably stable on Binance in September

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In September, the Bitcoin (BTC) market demonstrated rare resilience. According to Binance, the price ranged from $108,000 to $117,000, failing to reach new highs but remaining at historically high levels. This consolidation was accompanied by stable network activity and no signs of overheating. This was an important signal for market participants, as the balance between price and fundamentals reduces the risk of sudden crashes.

According to CryptoQuant analysts, the key indicator of the month was the NVT, which remained within the 20-50 range. Its values have repeatedly indicated serious overvaluation pressure in the past, but this did not occur in September. The NVT did not exceed 50, indicating the absence of a bubble and the price being supported by real transaction volumes. This creates the basis for a further sustainable trend.

Bitcoin's price stability in September can be seen as a sign of market maturation. Despite growth in recent months, participants have not seen any extreme spikes in activity or overheated valuations. This balance builds confidence among long-term investors, who see the current situation as confirmation of a normal phase of network and price expansion.

For short-term traders, a stable NVT means a reduced likelihood of sharp corrections. Typically, spikes in the indicator signal the risk of overheating, but the current dynamics suggest more predictable market behavior. This allows September to be viewed as a month of calm trading rather than speculative surges.

Long-term investors have received confirmation of the sustainability of the growth model. High prices, supported by moderate network activity, demonstrate that Bitcoin's market capitalization is not divorced from its fundamental base. This scenario strengthens confidence that the market is on a development path without sharp disruptions.

Source: cryptonews.net

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