After dipping to around $107,271 last week, Bitcoin has bounced back above $112,000. While this provides some relief for traders, several analysts are warning that September may bring further challenges before Bitcoin hits its stride in the latter part of the year. They note that historical patterns show a tendency for Bitcoin prices to weaken in September following halvings. 2017 and 2021 saw similar declines as Bitcoin dropped about 7% in September after gains earlier in the year. Even in 2013, Bitcoin ended the month in the red. However, some analysts, like Vinicius Bazan of Underblock, are skeptical. They suggest that this year’s pattern might be different – August actually saw a downturn, followed by potential relief rallies later in September. Other analysts, such as Chetan Kaul, believe Bitcoin may have already seen its low point at $107,271 and expect stability moving forward. Regardless of the month’s outcome, most experts agree on one thing: Bitcoin’s long-term trajectory remains bullish. Q4 is expected to deliver significant growth, much like post-halving years tend to do.