PrimeXBT: Can September’s Historical Trends Shape the Current Crypto Market Performance? 

Quick Summary:

As seen from the past decade of data, September consistently ranks as the worst month for trading Bitcoin.Source: Crypto.ro Bitcoins Seasonality and the Crypto Cycle Theory   Traditionally Bitcoin and the broader cryptocurrency market have closely followed the “cycle theory,” particularly aligning with Bitcoin’s four-year halving cycle.

TOTAL CRYPTOCURRENCY MARKET CAP: Bitcoins price action during this period of uncertainty Despite September’s reputation as a historically weak month for Bitcoin, there are already signs of a potential breakout by the end of the month.

BITCOIN (BTC/USD): Other notable moves in the Cryptocurrency space Following the release of favourable monetary policy data for risk assets, some interesting trends have emerged in the altcoin market.

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Article Details

Category: Crypto

Markets: United Kingdom

Topics: Month Newsbtc Price Policy Current Market Bitcoin Cryptocurrencies Movements Crypto Risk

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-23 @ 15:30:09 (5 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 850 words

Reading Time: 5 minutes read

Sentences: 66 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 22661411

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 10 hours ago

Coverage Areas: United Kingdom

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Publication Timezone: GMT +8:00

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Publisher ID: #102

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