Seasonality can often be a powerful sentiment determinant.
As we approach the end of September, note that since BTC's inception, we have never had a scenario where October would close in the red if September closed in the green.
Over the previous 11 years, BTC has only closed in the red twice in October, regardless of September's price action.
This data point doesn't mean anything by itself, but if enough people interpret it as a buy signal, the self-fulfilling prophecy will quickly spread.
As always, NFA DYOR.
