📉 September – the "black" month for Bitcoin?
History shows that September is often the weakest period of $BTC , but it's also when the cycle bottom forms 🔑. Currently, Bitcoin has dropped more than 10% from the peak of 124K USD, revisiting the 110K range – an area that has been resistance for half a year.
According to Bitfinex data, the average retracement after halving is usually around 17%. This means the market may still face short-term adjustments, but it's also very close to the equilibrium range 📊.
If history repeats itself, September will be the launching pad for the "golden season" in Q4 – where Bitcoin and altcoins could explode again 🚀.
⚠️ This is not an investment recommendation. If you read this and go all-in only to blow your account, then… blame September, not yourself 😅.
