Yahoo Finance Analysis: Bitcoin has historically performed poorly in September, but typically sees strong rebounds in October and November.
Yahoo Finance analysis indicates that after Bitcoin surged 25% in August, September has historically been a poor performing month, with an average return of -2.93%, earning it the nickname "Rektember." However, October ("Uptober") has an average return of 20%, November an even higher 41%, and December an average return of 4%. The analysis suggests that easing geopolitical tensions, strong performance by pro-crypto candidates in the midterm elections, and a favorable macroeconomic outlook for risk assets could all serve as catalysts for a strong Bitcoin price rebound over the next four months.
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Source:Yahoo财经 · Source Link
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