September Is the Best Time to Buy Bitcoin, Is It True?

[Suba]

I once read an article that September is the best month to buy Bitcoin. According to Michaël van de Poppe's tweet (@CryptoMichNL) on account X, it states that stagnant and sluggish market conditions usually mark the end of a downward phase before prices rise again. Historically, every September from 2013 to 2024, the Bitcoin price trend tends to be negative and the average decline is up to 6%, even in September 2019 Bitcoin's decline reached 14%. Do you have another opinion?

 

[Starmix]

That observation alone by a bitcoin holder is sufficient based on the number of years and the same month that Bitcoin flopped. It's better to believe that fact finder to avoid messing a huge amount.

 

[King Belieal]

We always expect Bitcoin to rise in October. Maybe, that's why they said September is the best time to buy.

 

[krishatnet]

I don't know exactly the reason but buying bitcoin in dips is a good idea. Because sooner or later it may break it's all time high if everything goes good

 

[Kross]

Patterns don't always stay the same in this crypto market. There is already a big dip early this year. September might not turn out the same.

 

[Augusta]

Well that might be true. you know a lot of people do study things overtime and do come up with their observation which is always true