- September: Bitcoin’s Historically Weak Month
- Positive Returns: The Exceptions
- Future Events and Market Impact
September has historically been Bitcoin’s weakest month, with an average return of -5.36%. In the past 13 years, Bitcoin has posted positive returns only four times in September, but upcoming events could change this trend.
September: Bitcoin’s Historically Weak Month
Historical data reveals that Bitcoin has consistently underperformed in September. Over the past 13 years, Bitcoin has experienced negative returns in nine of them, making September one of the worst months with an average negative return of 5.36%.
Positive Returns: The Exceptions
However, there are exceptions. A table posted by Wise Advice on X illustrates that Bitcoin recorded positive returns only four times in September over the last 13 years: in 2012 with a 19.8% gain, in 2015 with a 2.6% growth, in 2016 with 6.5%, and in 2023 with 4%.
Future Events and Market Impact
Some analysts speculate that upcoming events, such as the Federal Open Market Committee (FOMC) meeting, may affect Bitcoin's market performance this month, potentially altering its historically negative trend.
While September remains historically Bitcoin's worst month, upcoming events could impact its market performance and potentially change the current trend.
