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Bitcoin eyes rare third straight monthly gain to break September curse
Original: How bitcoin is positioning to snap its 13-year September streak with a third straight monthly gain Bitcoin is on the ver
Bitcoin is closing in on a third consecutive monthly gain, positioning it to break a 13-year September pattern in which the cryptocurrency has historically struggled. Since 2013, every positive August has been followed by a September decline, but a strong quarter-end close could snap that streak. Traders and analysts are watching whether momentum can hold through the historically weak month.
Why now: Bitcoin is on track to break a long-standing seasonal pattern that has never failed since 2013.
Evidence
- How bitcoin is positioning to snap its 13-year September streak with a third straight monthly gain Bitcoin is on the verge of breaking a decade-long historical pattern as it locks in a strong close to the third quarter. Since 2013, every positive August for the cryptocurrency… · ramchristiansuperable@tbc-news.com
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