NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Crypto Analyst’s September Warning: Bitcoin Faces A Red Month

Kent Tenix
Kent Tenix
1 year ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

In a recent video by renowned cryptocurrency analyst Benjamin Cowen, ominous predictions for Bitcoin performance in September have emerged. Cowen, known for his data-driven approach to cryptocurrency analysis, shared his insights regarding Bitcoin’s historical performance in September and its potential trajectory for the current year.

Cowen acknowledged that September has traditionally been a challenging month for BTC, often characterized by negative price movements. He emphasized that while historical trends suggest a red month for Bitcoin in September, there are no guarantees, and occasional green September does occur.

Related Reading

Shiba Inu

Shiba Inu Marketing Lead Sends Important Message To SHIB Holders

1 year ago

The analyst highlighted that Bitcoin had experienced six consecutive red September from 2017 to 2022. The average return for Bitcoin in September has historically been around -6.6%, with a standard deviation that adds to the unpredictability of the cryptocurrency’s performance.

Examining Potential Price Declines

Cowen then delved into the potential price decline for Bitcoin in September. Given Bitcoin’s opening price of just below $26,000 for the month, a 7% decrease would bring its value to approximately $24,000. He further pointed out that in the pre-halving year of 2019, Bitcoin witnessed a 14% drop in September, potentially pushing its price down to $22,000.

To bolster his argument, Cowen referred to a recent tweet in which he speculated a substantial chance of Bitcoin reaching $23,000 in September. Although he stressed that this prediction is far from a guarantee, he underscored the seasonal pattern, the downward momentum, and the recent monthly close below certain support levels as factors that make a dip to $23,000 plausible.

Moreover, Cowen discussed the average returns in all pre-halving years for the month, revealing a drop of approximately 17.7%, which could result in Bitcoin trading at around $21,500 if history repeats itself.

On August’s performance, Cowen noted that Bitcoin had already experienced a 10% drop. While August’s long-term average is approximately 21%, averaging only the last two pre-halving years (2015 and 2019) suggests a more modest -11% to -12% average drop. This highlights that Bitcoin may follow a similar pattern in September, potentially softening the blow to around $24,000.

The current price of Bitcoin (BTC) is  $25,813, with a 24-hour price change of -0.99%. As the leading cryptocurrency, Bitcoin commands a significant market cap of $502,654,681,515, securing its position as the number one cryptocurrency by market capitalization. In the past 24 hours, Bitcoin has experienced a trading volume of $17,603,174,408, making it the second most actively traded cryptocurrency by volume. This high trading volume indicates strong interest and activity within the Bitcoin market, contributing to its liquidity.

BTCUSD chart
Bitcoin currently hovers at $25,813 in the daily chart. | Source: BTCUSD chart from TradingView.com

Navigating Bitcoin’s Cyclical Nature

Cowen emphasized that despite the uncertainty, the seasonality of Bitcoin and the existing downward momentum make a test of the $23,000 level highly likely in the near future, possibly in September or October.

Cowen reflected on the cyclical nature of Bitcoin’s price movements in a broader context, stating that it often alternates between bullish and bearish phases. He stressed that during pre-halving years, Bitcoin tends to rise significantly during the first half and experience declines in the latter half. According to Cowen, this pattern is designed to “wreck” both bulls and bears before entering a period of sustained growth.

He also pointed out that while BTC may face challenges in the short term, once quantitative easing (QE) returns and the cryptocurrency market sentiment improves, altcoins could regain momentum.

Related Reading

Shiba Inu founder

On-chain Sleuth Potentially Unveils Shiba Inu Founder With Shocking Affiliates

1 year ago

In conclusion, Cowen cautioned his audience to remain vigilant in September, historically a month of red returns for Bitcoin. He urged caution, citing past data and market dynamics as indicators of a potentially challenging month ahead. While the future remains uncertain, Cowen’s data-driven analysis serves as a valuable resource for those navigating the turbulent waters of the cryptocurrency market. Investors and enthusiasts will undoubtedly watch closely to see if Bitcoin’s performance aligns with his predictions in the coming weeks and months.

Featured image from Pixabay and chart from TradingView.com
Tweet123Share196ShareSend
Kent Tenix
Kent Tenix

Kent Tenix

Kent is a talented freelance writer and journalist who creates insightful and thought-provoking content. With over 5 years of experience, she has honed her skills and established herself as an expert in her field. Kent is especially passionate about in-depth reporting and investigative journalism. She thoroughly researches every topic and story she covers to provide readers with comprehensive information and perceptive analysis. Whether she's reporting on crypto, business, technology, or finance, Kent prioritizes accuracy, nuance, and integrity. Her goal with every piece is to inform readers and inspire meaningful conversations and positive change. Kent enjoys traveling, photography, and spending time with her family when she's not tirelessly conducting interviews or poring over data. She hopes to continue using her writing to enlighten and engage audiences on issues that matter.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Stalls After Rally: Will It Blast Through $125,000 Or Slip Back To $110K?

After a powerful breakout last week that pushed Bitcoin into a new all-time high of $118,667, the world’s leading cryptocurrency...

Scott Matherson 11 hours ago
Bitcoin

Kiyosaki Awaits The Next Bitcoin Sale: ‘My Fellow Pigs And I Are Feasting’

Robert Kiyosaki, author of “Rich Dad Poor Dad,” stepped back into the Bitcoin market with a bold move. According to...

Christian Encila 12 hours ago
bitcoin bull run

Έρχεται νέο ράλι τιμής Bitcoin ;

Η τιμή του Bitcoin φαίνεται να έχει ακόμα αρκετό περιθώριο ανόδου, με τους αναλυτές να μιλούν για νέα ιστορικά ρεκόρ....

Ανθή Ντόνκοβα 15 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Attempts a Comeback

Bitcoin Price Hits $120K Milestone — Bulls Make History Again

Aayush Jindal 52 minutes ago
Bitcoin price news

Bitcoin Price Crash Possible As Correction Sentiment Takes Hold — $110,000 Next?

Scott Matherson 1 hour ago

Arthur Hayes預測怪獸級山寨幣風暴來襲!哪些冷門項目有望暴漲1000倍?

Mark Mak 5 hours ago

Premium Sponsors

Press Releases

  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    14 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    14 hours ago
  • BTC最高値更新の中で注目される新たなレイヤー2プロジェクトが狙う仮想通貨1000倍の可能性

    ...

    14 hours ago
  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    2 days ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    2 days ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.