Red September: What to Anticipate in the Bitcoin Market

1 min read
Source: Decrypt
Red September: What to Anticipate in the Bitcoin Market
Photo: Decrypt
TL;DR Summary

Bitcoin has historically experienced declines in September due to seasonal market behaviors and macroeconomic factors, with an average drop of 3.77% since 2013, compounded by current geopolitical tensions and economic uncertainties. Despite technical and fundamental concerns, some experts believe the pattern may be weakening as institutional adoption increases, and the month could still see a rebound in October.

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