Data from Bitwise Asset Management reveals the monthly performance patterns of Bitcoin. From August 1, 2010, to June 30, 2025, Bitcoin exhibits clear seasonal characteristics.

From the chart, the performance varies significantly across different months. November performs the best, with an average increase of 38.50%; April and October are also notable, with increases of 32.85% and 27.30%, respectively. September is the only month that experiences an average decline for the year, with a decrease of 4.68%. The other months generally show positive growth, while January and March have relatively moderate increases, ranging from 7% to 12%.

These seasonal performances may be influenced by a combination of factors such as the macro environment, investor sentiment, and industry dynamics. However, historical data does not guarantee future trends, and the cryptocurrency market is highly volatile and uncertain. Investors should consider their own risk tolerance and make rational and cautious decisions.