Why do most forecasts indicate a rise in cryptocurrency prices in September?
Historically, cryptocurrencies have shown strong performance during the second half of the year, especially in September and October. These seasonal patterns may be the result of investors reevaluating their strategies after the summer break, leading to increased activity in the market.
In addition, there are often expectations of major events or technical updates during September and preparing portfolios for the end of the fiscal year. This preparation can include increasing investment in high-yielding assets such as cryptocurrencies to achieve strong gains before the end of the year, which can lead to increased demand and higher prices.
