September has arrived — traditionally one of many worst months for Bitcoin. And proper after September, we instantly enter traditionally higher months: late autumn and everything of winter.
Nevertheless, the main focus shouldn't be on this, however fairly on the truth that Bitcoin has entered a zone of sturdy statistical deviation.
This refers back to the variety of consecutive months with opposing tendencies.
Inexperienced and purple months have alternated virtually all through 2024:
Cryptocurrency is a trending asset class (in contrast to range-bound property like Foreign exchange, which have a tendency to maneuver sideways).
If we see a inexperienced September, the continuation of this alternation with a purple October can be an unprecedented occasion.
The chance of two IDENTICAL months in a row will increase geometrically. A rising September might set October up for development.
The reverse can be true. With a purple September, the possibility of a purple October will increase.
PS: September is very prone to set the route for autumn and winter.
submitted by /u/Gold-Advertising and marketing-6187 [comments]
Source link