Will the Story "Bitcoin Doesn't Like September" Continue?

Bitcoin last surpassed the $124,000 mark in mid-August, before entering a downtrend. Currently, BTC has fallen below $110,000, and analysts believe that the current range of $107,000-$108,000 will be very important for future price movements. Although Bitcoin has not yet escaped the 下行 trend since reaching a new ATH of 124,000 dollars, we have entered September, when the FED is expected to implement the first interest rate cut of 2025. At this time, as investors are hopeful for a price increase in the coming days and months, let's consider the answer to the question: "Is Bitcoin fond of September? How has it performed in previous Septembers?" How Bitcoin Operated in the Months Leading Up to September? When we examine the performance of Bitcoin over many years and months, we notice that the declines are concentrated in certain months and the growth is concentrated in certain months.

When we look at the monthly profit chart of Bitcoin above, we see that January, March, August, and September are usually the months of fall, while February, July, October, and November are the months of rise. At this time, when looking at historical data, Bitcoin has closed the month of September with an increase only in 4 out of the last 12 years, while closing the month of September with a fall in the remaining 8 years. According to the data, in September, when BTC closed in the green, the increases were consistently small, specifically 3.9%, 6%, and 7.2%. In light of this historical data, analysts and investors describe September as the worst-performing month of the year and predict that September this year will also be a month of fall. Although expectations for price increases remain pessimistic, it is very difficult to predict which direction the price of Bitcoin will move. The possibility of the Fed cutting interest rates, which have been held steady since the beginning of 2025, in September, and expectations for a bullish trend of BTC and the cryptocurrency market with the first rate cut of the year, are also very high. At this time, some analysts predict that Bitcoin and the cryptocurrency market will experience a broader recovery, considering the current structure. An analyst with the pseudonym ZYN has noted a bullish divergence in the weekly RSI indicator. Accordingly, despite the price decline, the RSI not showing a similar drop indicates that buying pressure is still active in the market. "This data is not hope, but a reality," the analyst said. "If the current level is held, a new ATH will emerge within the next 4-6 weeks." Although September is usually a negative month for Bitcoin, historical data shows that October and the last quarter of the year are strong growth periods for Bitcoin. BTC ended the month with an increase of 83%. This is why October is referred to by the market as "Uptober".