What can we expect in September
First, let's remember how deep we fell this month in previous years:
• 2023: -17.29%
• 2022: -27.04%
• 2021: -21.22%
• 2020: -20.88%
• 2019: -36.42%
• 2018: -27.10%
• 2017: -40.72%
• 2016: -10.43%
• 2015: -12.11%
• 2014: -36.13%
Now let's look at the chart above:
• Last year's repeat scenario: If BTC falls 17% like in 2023, we'll see a price of around $48.7k.
• Minimum decline: We take the minimum decline over the past years - 10%, and we get BTC at $ 52.7k.
• Maximum decline: In the case of a maximum decline of 40% (the bears are already celebrating), BTC will roll back to $ 34.8k.
• One of the best options is to take the average value between the maximum and minimum. This will give us a decline of 24.9%, which means the BTC price is about $ 44.2k.
This is not financial advice, but simply historical data and forecasts that are currently circulating on Twitter.
It's scary to imagine what will happen to the altcoin. STRK will be zero, it turns out