Bitcoin (BTC, Financial) is set to achieve at least a 9% gain in September, breaking the month’s negative trend since 2013. This strong performance lays a solid foundation for the upcoming month of October.
Historical data reveals that gains in September often indicate further increases in October, November, and December. Notably, since 2013, October has ended with losses only twice, with an average gain of 22%.
Amid the backdrop of global monetary policy and US political support, market analysts predict Bitcoin's price could rise from approximately $64,000 to $70,000, signaling the potential start of a bull market. Seasonal factors also indicate increased demand and growing investor confidence in Bitcoin.
