Cryptocurrency News

Why September is shaping up to be a potentially ugly month for Bitcoin price

08/26/2022

Less than a minute

2022.08.26 19:14

Why September is shaping up to be a potentially ugly month for Bitcoin price

Bitcoin (BTC) bulls should not get excited about the recovery from the June lows of $17,500 just yet as BTC heads into its riskiest month in the coming days.

Historic data shows September being Bitcoin’s most worst month between 2013 and 2021, except in 2015 and 2016. At the same time, the average Bitcoin price decline in the month is a modest -6%.

08/26/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 96,140.76 0.48%

Ethereum (ETH) $ 2,796.12 2.13%

XRP (XRP) $ 2.57 0.78%

Tether (USDT) $ 1.00 0.03%

BNB (BNB) $ 660.50 0.65%

Solana (SOL) $ 170.03 2.12%

USDC (USDC) $ 1.00 0.01%

Dogecoin (DOGE) $ 0.244766 0.21%

Cardano (ADA) $ 0.773131 0.48%

Lido Staked Ether (STETH) $ 2,788.82 2.03%

TRON (TRX) $ 0.242116 2.17%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 96,029.73 0.59%

Wrapped stETH (WSTETH) $ 3,343.56 2.33%

Chainlink (LINK) $ 17.75 0.82%

Avalanche (AVAX) $ 25.18 0.36%

Sui (SUI) $ 3.34 0.67%

Stellar (XLM) $ 0.331157 0.26%

Litecoin (LTC) $ 127.68 0.19%

the-open-network

Toncoin (TON) $ 3.80 4.27%

Shiba Inu (SHIB) $ 0.000016 1.09%

LEO Token (LEO) $ 9.74 0.16%

hedera-hashgraph

Hedera (HBAR) $ 0.212224 1.11%

USDS (USDS) $ 0.99727 0.31%

MANTRA (OM) $ 8.47 11.60%

Hyperliquid (HYPE) $ 23.75 3.26%

WETH (WETH) $ 2,792.21 2.00%

Polkadot (DOT) $ 5.02 1.53%

Bitcoin Cash (BCH) $ 328.31 2.88%

Bitget Token (BGB) $ 5.09 1.83%

Ethena USDe (USDE) $ 0.999689 0.01%

Wrapped eETH (WEETH) $ 2,959.27 1.91%

Uniswap (UNI) $ 9.09 1.89%

Monero (XMR) $ 233.43 0.57%

NEAR Protocol (NEAR) $ 3.42 4.90%

Pepe (PEPE) $ 0.000009 0.67%

WhiteBIT Coin (WBT) $ 27.43 0.20%

Aave (AAVE) $ 247.84 0.80%

Aptos (APT) $ 6.16 1.68%

Ondo (ONDO) $ 1.13 4.14%

Bittensor (TAO) $ 422.53 2.61%

Dai (DAI) $ 0.999709 0.01%

internet-computer

Internet Computer (ICP) $ 7.10 0.32%

Official Trump (TRUMP) $ 16.10 1.80%

Ethereum Classic (ETC) $ 20.77 2.19%

Mantle (MNT) $ 0.917668 1.39%

tokenize-xchange

Tokenize Xchange (TKX) $ 37.72 2.18%

OKB (OKB) $ 49.58 0.87%

gatechain-token

Gate (GT) $ 23.32 0.82%

sUSDS (SUSDS) $ 1.04 0.08%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 96,139.76 0.52%