Bitcoin’s Seasonality Risks: Analyst Warns of Historical Downside

Cryptocurrency analyst Timothy Peterson highlights a potential downside for Bitcoin investors as he reveals the asset follows a recurring seasonal rhythm, potentially leading to significant losses in September. His research reveals that past data shows certain days are statistically more likely to experience price drops, including September 21st with the steepest average daily decline (2%). Other weaker points include September 24th and March 22nd, making these crucial dates for potential trading strategies.