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The original was posted on /r/bitcoin by /u/cointelegraph1 on 2023-08-09 16:47:40+00:00.

Historically speaking, August and September are the worst months of the year for the BTC price. From 2011-2022, August saw a positive performance for BTC only five times, with the other seven years being in the red. September is even worse, with just four out of 12 months seeing a positive performance.

Historical Bitcoin monthly price performance table. Source: Bitcoinmonthlyreturn.com

What’s more, five of the 12 negative Septembers saw only single-digit price decreases, a small move for an asset as historically volatile as BTC/USD. The average move in September has been -5%, while the average move in August stands at +0.73%.