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

 

[Stardom22]

For me l can say that l really didn't have some good time without the cryocurrency for the whole of the last year. However l would think more about that for the truth of the matter.

 

[Trush Jodie]

As the current market is, there is no singular best time to buy crypto. Just observe the trends and buy when market is low.

 

[SHAHID987]

I don't agree with this, because market take sudden dip by certain news.

 

[Tray59]

I don't believe this but I can tell you it's better for you to check the flu fluctuations of those currency which you want to buy before taking such decision thou I don't trade Bitcoin what is so special about September

 

[Laurentta]

I believe it is true to some extent but one can't be too certain as Bitcoin is unpredictable.

 

[magnus2022]

Last year proved that what you said is truth. Last year, i observed and followed bitcoin market trend all through till now. Bitcoin start soaring around November and reached its climax around the inauguration period.

 

[Nomad]

Historical data points out that in the last 10-12 years crypto market goes down in some months and gives up in some months

 

[riberet19]

It may be that statistically it is the best month, although I remember some years where in September it has been rising a lot, the best thing at the end of the day is to do DCA in my opinion