Historically, Bitcoin tends to break out around 150-160 days post-Halving, suggesting a potential breakout from its Re-Accumulation Range in late September 2024.
However, the average historical returns for September are -4.48%, with the best September performance being only +6%. In contrast, October’s average monthly returns stand at +22.9%.
Given these trends, it wouldn’t be surprising if Bitcoin consolidates slightly beyond late September, setting the stage for a breakout in October—a month that has consistently shown strong performance in Bitcoin's history.
