Can bitcoin beat its historic September slump? Why this year …

Sep 6, 2024 · Bitcoin fell 3% on Thursday to around $56,332, roughly 23.7% away from its record high at $73,798 reached in March, according to Dow Jones Market Data. -Frances Yue

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Can Bitcoin Beat Its Historic September Slump? Why This Year …

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Sep 6, 2024 · Bitcoin fell 3% on Thursday to around $56,332, roughly 23.7% away from its record high at $73,798 reached in March, according to Dow Jones Market Data. -Frances Yue

morningstar.com

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Seasonal Slump: Why September Is Historically Bitcoin’s Worst …

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Sep 5, 2024 · Bitcoin’s Historical Performance by Month. Historical chart via CoinGlass. Since 2013, Bitcoin’s average monthly return has been -4.56% (with a median monthly return of …

crosscapadvisors.com

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Analysts Weigh In: Will Bitcoin’s September Slump Repeat This Year?

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Sep 3, 2024 · The trader identified as Rekt Capital shared on X that a single-digit downside for Bitcoin in September happens 54% of the time, while a single-digit upside happens 27% of the …

cryptobriefing.com

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Bitcoin’s September Slump: Will It Bounce Back? - Watcher Guru

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Sep 2, 2024 · September’s Historical Performance. Bitcoin usually struggles in September. It drops an average of 6.56% in value. This trend makes cryptocurrency investors careful. …

watcher.guru

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

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Sep 2, 2024 · September has been Bitcoin’s worst-performing month, with an average return of -5.36%. Bitcoin saw positive returns in September only four times in the last 13 years. …

coinedition.com

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Bitcoin Breaks September Curse With 8% Surge - DailyCoin

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Sep 25, 2024 · Contrary to a September slump, Bitcoin has defied the odds with a 7.9% surge, igniting optimism for even greater gains in the months ahead. Bitcoin monthly gains, per …

dailycoin.com

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Bitcoin’s Historical Performance: September Dips And Year-end Rallies

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Sep 9, 2024 · Q4’s average return of +88.84% suggests that Bitcoin usually recovers from the September slump, leading to positive quarter-on-quarter (QoQ) growth by year’s end. In this …

cryptoslate.com

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Bitcoin Ends Historic September With A Dip, But Breakout May Not …

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Sep 30, 2024 · Bitcoin dipped 3.7% over the past 24 hours while XRP, ADA, DOT and LINK plunged over 5%. ByteTree's Charlie Morris contemplated whether the expectation for a strong …

yahoo.com

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Bitcoin Battles September Slump With High-Stakes Predictions

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Sep 6, 2024 · As September unfolds, the crypto world waits to see if the bears or the bulls will win this round.At the time of writing, Bitcoin is sitting at $55,723.63. Bitcoin Battles September …

nasdaq.com

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Brandt Suggests Bitcoin Slump Could Be A Bear Trap, As Charts …

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5 days ago · Brandt Suggests Bitcoin Slump Could Be a Bear Trap, as Charts Point to $135K Price ... Brandt rooted his initial analysis in Bitcoin’s historical behavior during similar ... earlier …

thecryptobasic.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about Can bitcoin beat its historic September slump? Why this year … Coupon?

Will bitcoin defy a September slump?

Bitcoin is on track to defy its typical September slump, already up over 10 per cent this month. Historically, the cryptocurrency has faced an average decline of 5.9 per cent in September, but global interest-rate cuts, eased selling pressures, and strong long-term holdings could push Bitcoin to buck the trend. ...

Does bitcoin perform well in September?

For example, data from 2013 to 2024 shows that Bitcoin typically underperforms in September, with average returns in that month coming in at -4.89%, making it one of the weakest months of the year. A recovery often follows this dip in performance in Q4, where Bitcoin’s returns have historically been strong. ...

Is September a bad month for bitcoin & stocks?

Photo: Agence France-Presse/Getty Image September has historically been the worst-performing month for both bitcoin and stocks. Since 2010, the largest cryptocurrency BTCUSD by market capitalization has posted an average loss of 4.5% in September, according to data from Glassnode and ETC Group. ...

Could bitcoin overcome the 'September Jinx'?

Historically, Bitcoin has struggled during this month, but 2024 might be different. As central banks around the world cut interest rates, Bitcoin is showing signs of resilience, suggesting it may finally overcome the so-called “September jinx.” A look into Bitcoin’s ‘September jinx’ ...

Will bitcoin's August performance clear the path for a positive September?

The first factor is Bitcoin’s negative August performance, which might clear the path for a positive September. Historically, 43 per cent of negative Augusts have been followed by a rebound in September. The second reason is the significant reduction in selling pressure. ...

Will bitcoin return in September?

Even with today's dip in crypto prices, bitcoin is on track to finish with a solid positive return in September despite its reputation for being an adverse month. BTC was up just shy of 7% through the month at prices a few hours before UTC midnight, booking its best September performance since 2013, per CoinGlass data. ...