Bitcoin has performed very strongly this month, breaking through the $66,000 mark on the 27th, reaching a high of $66,498, a new high since the end of July, and then stabilizing around $66,000. Despite a slight pullback recently, the price is still at $65,879, up 11% in the past month. This trend makes people look forward to whether Bitcoin can break the historical "September curse". After all, in the past 11 years, Bitcoin has usually performed poorly in September, with an average decline of 4.78%.
The current market sentiment seems to be more optimistic. After a 22% increase in three weeks, bullish sentiment quickly replaced bearish sentiment, and many people believe that Bitcoin will soon reach $70,000. If everyone is expecting Bitcoin to hit a new high, then the market may move in the opposite direction. This reverse psychology is common in history.
