Bitcoin is starting September on the back foot, sliding beneath $110,000 after a sharp reversal from its $124,000 mid-August peak.
For traders, the drop is more than just another correction — it comes during a month that has historically been one of Bitcoin’s weakest.
When September Turns Sour
Over the past decade, September has been a graveyard for Bitcoin bulls. The coin has ended the month lower in eight of the last 12 years, with the rare green Septembers producing only single-digit gains. By contrast, months like October and November have carried the weight of past bull runs, earning October the nickname “Uptober” after delivering an 83% surge in one standout year.
Fed Decision Could Change the Script
This September, however, isn’t just about seasonality. Investors are waiting for the Federal Reserve to make its first interest rate cut of 2025. Lower borrowing costs have historically injected new energy into risk assets, and Bitcoin could be a prime beneficiary if liquidity conditions improve. A dovish Fed might set the stage for a rebound that defies September’s bearish reputation.
A Split Between Charts and History
On the technical side, not everyone sees doom. Market watchers have flagged a bullish divergence in Bitcoin’s weekly RSI: while prices are down, momentum hasn’t collapsed. That pattern suggests buyers are still active, and one analyst believes a new all-time high could be within reach in just a few weeks if current support holds.
What Comes Next
So far, the mood remains cautious. Traders know that history paints September as a red month, yet macro conditions and technical signals offer reasons not to write off a recovery. Whether Bitcoin follows its seasonal pattern or breaks tradition will likely define how the rest of 2025 unfolds — and whether “Uptober” once again lives up to its name.
The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/bitcoin-enters-september-on-thin-ice-will-uptober-save-it/