Bitcoin News on Nostr: Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG. ...
Bitcoin in ‘seasonal slog’ with slim chance of short-term price catalysts: NYDIG.
“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro.
Bitcoin investors should brace themselves for a “seasonal slog” in September, with the month historically providing the worst average returns, says Bitcoin financial services platform NYDIG.
*September’s mean monthly losses for Bitcoin since 2011 stand at -5.9%. Source: NYDIG *
“Potential upcoming near-term catalysts for Bitcoin are sparse at the moment,” says NYDIG head of research Greg Cipolaro.
Bitcoin investors should brace themselves for a “seasonal slog” in September, with the month historically providing the worst average returns, says Bitcoin financial services platform NYDIG.
*September’s mean monthly losses for Bitcoin since 2011 stand at -5.9%. Source: NYDIG *