Bitcoin’s rare September gains defy history: Data predicts 50% Q4 rally to $170K

Bitcoin is on track to close September with a 4.50% gain, positioning it for a historically strong Q4. Previous years with a positive September monthly close, like 2015, 2016, 2023, and 2024, have seen Q4 average returns exceeding 53%. Specifically, past data indicates that October often serves as a critical launchpad, averaging gains of 21.8%. Analysts suggest a potential price surge to $170,000 is feasible if these historical trends continue. Onchain metrics show a bullish sentiment with positive signals from the Cumulative Volume Delta and notable accumulation by US investors on exchanges. These indicators reflect increased buying pressure, enhancing the optimistic outlook for BTC in the upcoming quarter. While past performance is not an assurance for future results, the correlation between a green September and subsequent price rallies supports this bullish narrative.

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