$BTC - Get Ready for September!



Yes, you read it right, prepare yourself for September.

Let me start with the good news. Over the past 2 years, the biggest Bitcoin bottoms happened in the month of September. This happened in September 2023, and again in September 2024, with the first rate cut since the 2022 hiking cycle acting as the booster. This year looks similar, not only are we entering September soon, but a rate cut also seems imminent.

BUT! September is not always a smooth ride. While it often marks a major bottom, the real move does not usually kick in until a couple months later. In fact, if you look at the seasonality chart, September is still one of the worst-performing months historically.

So, be prepared. Do not get overly optimistic, even with the rate cut in play. But stay hopeful for what comes after.

WAGMI.
BTC-0.07%
GET-0.14%
READY0.21%
ME-1.68%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)