The post Bitcoin’s September Struggle: A Historic Trend or a Setup for a Q4 Surge? appeared first on Coinpedia Fintech News
September is often a tough month for Bitcoin, with its price seeing a drop of 2% at the start of the month. According to crypto analyst Crypto Jelle Bitcoin has struggled during this month, with an average return of 4.5% and peak drawdowns that can be much more severe. Despite September’s struggles, analysts see the future might hold better prospects for Bitcoin. Historical data suggests that Q4 tends to bring positive changes. Many previous years have seen Bitcoin achieve strong double-digit returns during the last quarter of the year.