What Is ‘Red September’? Bitcoin’s Curse, and Why Wall Street Has the Same One

Bitcoin monthly returns. Image: Coinglass Only June comes close, averaging a smaller 1.59% loss over the same stretch. Everything else on the calendar is positive on average. October, the best month by a mile, has returned 19.92% on average with a 14.71% median, the “Uptober” reputation crypto Twitter always celebrates when the time comes. August […]

Why Did Bitcoin’s Rise Stop? Glassnode Explains, Sharing Two Levels That Will Determine BTC’s Fate!

Bitcoin’s recovery, which began in mid-August, has lost momentum in recent days. While $BTC rose above $81,000 in August, it subsequently fell back to around $76,000. While Bitcoin continues its sideways movement, Glassnode noted that $BTC is losing momentum in the supply zone where long-term investors are concentrated. Bitcoin’s Rise Was Thwarted by a Supply […]