"Is September the worst month for risk-on assets?"

Bitcoin commonly tends to experience downside in the month of September

But this downside tends to be in the single-digits, ranging -1.76% to -7.51%

Only twice did Bitcoin produce double digit downside, once in a Pre-Halving year (-13% in 2019) and once in a Bear Market year (-19% in 2014)

Bitcoin is currently in a Halving year

More, on three occasions, Bitcoin actually produced single-digit upside ranging from +2.35% to +6.04%

September isn't the worst month for risk-on assets

Other months have historically been worse

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