Bitcoin's performance in September has only been positive in three of the past 10 years

BlockBeats news, September 1, September is usually a difficult month for Bitcoin. According to spotonchain monitoring, in the past 10 years, Bitcoin's performance in September has only been on the rise in 3 years, namely: 2015 (+2.35%), 2016 (+6.04%), 2023 (+3.91%).

Although September usually falls, this is not inevitable.

· Negative performance in August may help avoid a decline in September;
· Major selling pressure has been eliminated;
· Long-term holders remain firm;
· Bitcoin ETFs may become a new buying force;
· Favorable interest rates, capital and regulatory support markets.