Why Is September A Bad Month For Crypto

Last Updated on June 17, 2023 by Paganoto

Why September Is Seen As A Bad Month For Cryptocurrencies

Most believe that the September Effect is a prime example of market psychology, where enough investors believe in the idea of the bear market in the month and thus sell off their stocks. This sell-off results in a dip in prices which further reinforces the idea of the September effect.Sep 22, 2021

September is Bitcoin's Worst Month & It Can Get Worse This …

September is historically the worst month of the year for the price of bitcoin (BTC), with an average return of -7%, a new report from major …

Historically, Bitcoin Really Hates September; What Should …

After March and January, September is the worst month for the leading cryptocurrency in terms of average log returns.

Is September Bitcoin's (BTC) Worst Month of the Year?

Historically, Bitcoin’s worst month of the year is September which has an average -7% returns, as per Kraken report.

September Cryptocurrency Review: A Miserable Month For …

September has not been a good month for crypto markets. Following the huge rout in August things got worse and new lows were reached once again.

The September Curse And How It's Preparing Bitcoin For …

September has always shown very similar, almost identical, movements in bitcoin price. A look at bitcoin charts shows that the month has usually started out …

Why Is September So Bad for Bitcoin? – CoinDesk

Today on “The Breakdown,” NLW looks at the historic weakness in the bitcoin market in the month of September. He examines:.

Dreading September? Bitcoin price hopes to break the slump …

“September is historically Bitcoin’s worst-performing month. That said, it has been verging on $50,000 for the past three weeks or so now.

Why People Say September Is the Worst Month for Investing

The “Stock Trader’s Almanac” reports that, on average, September is the month when the stock market’s three leading indexes usually perform the poorest.

Why is September historically a bad month for crypto … – Reddit

September ends, Money comes in, people want to avoid not having money next year so they invest. Then christmas comes and they need money for …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.