The Most Successful September for BTC Since 2016
TL;DR
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As we speak’s theme: “Issues might, and actually ought to, be worse.”
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September is often a extremely unhealthy month for markets. A lot in order that it’s earned the nickname ‘Rektember.’
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However Bitcoin didn’t drop this previous month. In actual fact, it went up 4%! Making this essentially the most profitable September since 2016.
Full Story
Rightio then – time for our bi-weekly (ish) test in with Bitcoin.
As we speak’s theme:
“Issues might, and actually ought to, be worse.”
What does that imply? Permit us to reply your query with one other query:
Has your laptop computer ever died on you, then abruptly began working once more 24hrs later?
When it comes again to life, the aid you are feeling realizing that you simply gained’t should shell out $1k+ for a alternative makes you are feeling such as you’re a thousand {dollars} richer.
…though nothing has really modified.
That’s the power Bitcoin has been protecting this previous month!
We talked about it the opposite week, but it surely bears repeating: September is often a extremely unhealthy month for markets.
A lot in order that it’s earned the nickname ‘Rektember.’
And seeings as we’re in the midst of a bear market – it goes to determine that this Rektember ought to have lived as much as its identify.
However Bitcoin didn’t drop this previous month.
In actual fact, it went up 4%! Making this essentially the most profitable September since 2016.
Is that this a pivotal ‘We’re SO again!’ market shift? No, sadly not.
…however issues might, and actually ought to, be worse.
And it’s giving us that ‘no want for a brand new laptop computer’ feeling.