Bitcoin Price Surges in September 2024
In September 2024, Bitcoin closed with a notable increase of 7.38%, reaching a price of $63,327. This performance stands out significantly against the backdrop of historical trends, considering that September has typically been a challenging month for Bitcoin, with an average decline of 4.78% observed since 2013.
Historically, October and November have shown to be bullish months for Bitcoin. Since 2013, Bitcoin’s price has averaged a remarkable increase of 22.90% in October and an impressive 46.81% in November. This trend sparks optimism among investors as they anticipate the potential for further gains in the coming months. The cryptocurrency market appears to be gearing up for a strong end to the year, and traders are keeping a close eye on the upcoming trends.
Source: https://en.coinotag.com/breakingnews/bitcoin-closes-september-2024-at-63327-with-7-38-surge-defying-historical-trends/