Glassnode Predicts Bitcoin Growth in September Despite Historical Trends

Wednesday, 4 September, 2024

Glassnode believes bitcoin will rise in September despite poor historical trend.

The co-founder of Glassnode under the nickname Negentropic has questioned whether September will close at a loss this year - he wrote in his X (Twitter) that the current month has started with "growth catalysts".

"When everyone expects something, the opposite usually happens," the expert summarised.

The data shows that over the past 13 years, the first cryptocurrency has ended September with growth only 4 times.

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