September has never been a great month for Bitcoin, and, according to analysts, this year could be worse than usual.
Bitcoin has only recorded positive monthly returns in September twice since 2013. Otherwise, the world’s most popular cryptocurrency has consistently taken modest drawdowns, according to crypto data firm CoinGlass. A year ago, the coin fell 3% in September, and while it typically falls by single digits during the month, it fell as much as 19% in 2014, a year in which the coin lost half its value.
