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