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

2022.08.26 19:14

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

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