September is not necessarily a cursed month however, we are currently observing some weakness in the Bitcoin market. While market performance was quite strong in August, the momentum has slowed down this month. We have seen red candles indicating a price drop this month, but we hope this trend will not be prolonged after all, there have been instances in the past where the market moved upwards during September. Historical charts show that Bitcoin's performance in September is often lackluster, leading many to label the month as cursed for the market. Nevertheless, we can certainly anticipate a shift in this pattern in the future, potentially changing the month associated with such trends. Regardless, we remain quite positive about the market performance still appears solid, and although conditions are currently somewhat unfavorable, there is reason to expect improvement in the coming month.
It's also because of so many good news like August that really put a lot on investors to buy and it resulted to a price of $80k++. But then again, since we are in the bear market, sooner or later there will be a correction.
It's that it happen again this September, could be just a coincidence as there are no pattern here except that in every 4 years we will have the bull run and we have a catalyst of the halving. Then soon after we have the bear trend in which we are currently expereincing.
