September is usually the worst month in the whole year in terms of $BTC historical performance with the average returns of -5.38%, but so far this year has been somewhat atypical. Bitcoin is currently down only 2.3% on the month and things are not looking so bad in terms of the PA.
This year we often saw people on CT mentioning the elections year phenomena, meaning that during US election years $BTC usually either grows in price in September or at least doesn't fall as bad as during other years.
And upon sourcing #Bitcoin historical performance data during 2012, 2016, and 2020 we can definitely confirm that it's true and the average returns value for US election years is 7.18%.
So the question is, is this time different? Are we going to pump during the rest of September?
âĄïž https://www.tradingdigits.io/btc-eth-returns
#monthlyreturns #Returns #BTCReturns #bitcoinreturns #bitcoinmonthlyreturns
