Bitcoin has only risen in September three times in the past decade

According to BlockBeats, September 1, September is usually a difficult month for Bitcoin. According to spotonchain monitoring, in the past 10 years, Bitcoin's performance in September has only been on the rise in three years, namely: 2015 (+2.35%), 2016 (+6.04%), and 2023 (+3.91%).

While September is usually a month of decline, this is not inevitable. Negative performance in August may help avoid a September decline, with major selling pressure removed and long-term holders remaining steadfast. Bitcoin ETFs may become a new buying force, with favorable interest rates, capital and regulation supporting the market.