Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bitcoin's performance in September has only been positive in three of the past 10 years

Bitcoin's performance in September has only been positive in three of the past 10 years

Bitget2024/09/01 03:00

September is usually a difficult month for Bitcoin. According to spot on chain monitoring, Bitcoin's performance in September has only been on the rise in three of the past 10 years, namely 2015 (+2.35%), 2016 (+6.04%), and 2023 (+3.91%). Although September usually falls, it is not inevitable. · Negative performance in August may help avoid a decline in September; · Major selling pressure has been eliminated; · Long-term holders remain firm; · Bitcoin ETFs may become a new buying force; · Favorable interest rates, capital and regulatory support markets.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!