FOMC

2024

Bitcoin

<ul class="wp-block-list news-points">
 <li>September has been Bitcoin’s worst-performing month, with an average return of -5.36%.</li>
 <li>Bitcoin saw positive returns in September only four times in the last 13 years.</li>
 <li>Upcoming events, including the FOMC meeting, may affect Bitcoin’s performance this month.</li>
</ul>
September has historically been Bitcoin’s weakest month, with an average return of -5.36%. In the past 13 years, <a href="https://coinedition.com/bitcoin-is-one-month-away-from-a-parabolic-bull-run-analysts/" rel="noopener noreferrer nofollow">Bitcoin</a> has posted positive returns only four times in September. However, market watchers are speculating that upcoming events could change Bitcoin’s bearish trajectory this month.
<h2 class="wp-block-heading" id="h-september-bitcoin-s-historically-weak-month">September: Bitcoin’s Historically Weak Month</h2>
Bitcoin has shown a consistent pattern of underperformance in September. Historical data reveals that Bitcoin has experienced negative returns in nine out of the last 13 Septembers, making it one of the worst months for the cryptocurrency with an average negative return of 5.36%.&nbsp;
A <a href="https://x.com/wiseadvicesumit/status/1830489857304486178?t=9pXYt-Gyi6oKBPXmLwsyfg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">table</a> posted by Wise Advice on X illustrates this trend, showing that Bitcoin recorded positive returns only four times in September. The periods include 2012, with a 19.8% positive gain; 2015, with a modest 2.6% growth; 2016 (+6.5%); and 2023 (+4%).&nbsp;
In most other years, September retu…
The post <a href="https://coinedition.com/bitcoins-september-curse-can-2024-be-any-different/" rel="noopener noreferrer nofollow">Bitcoin’s September Curse: Can 2024 Be Any Different?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin’s September Curse: Can 2024 Be Any Different?

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Coin Edition

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