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Here's What to Expect From Bitcoin This September
Bitcoin's (BTC -1.40%) seasonal rhythm is one of those patterns investors love to argue over, but the historical performance data don't actually leave much to quibble about. On average, September has been a month when the coin tends to go down. But could things be different this time? How bad could it be? And what should investors do? Let's answer each of these questions in detail. Since 2013, on average, Bitcoin has declined by between 3% and 5% in September. Of the 15 Septembers since the coin's launch, 10 have closed the month in the red. And the worst of the prior 10 Septembers was in 2014, when Bitcoin lost 20% ... (full story)
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