"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