✉news BusinessCrypto first seen 22 h ago, last 22 h ago, peak #31
Bitcoin Rallies 7% in September, Breaking Historical Pattern
Original: Bitcoin Up 7% in September, Poised to Break Decade-Long Pattern of August Gains Followed by September Losses
Bitcoin has gained 7% in September, putting it on track to break a decade-long pattern in which the cryptocurrency typically rose in August and then fell in September. Traders and market watchers are weighing whether the month's strength signals a shift in Bitcoin's seasonal trends or a short-term anomaly, with the potential turnaround drawing attention across crypto markets.
Why now: Bitcoin is defying a well-known historical seasonal pattern, prompting debate about whether this marks a lasting trend change.
Evidence
- Bitcoin Up 7% in September, Poised to Break Decade-Long Pattern of August Gains Followed by September Losses · bloomingbit
API: https://socialmediatrends-api.osmike.com/v1/trends/348688