BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA

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There’s an old saying that history doesn’t keep repeating itself, but it does tend to rhyme. If this is the case for Bitcoin (BTC), there may not be a sharp move higher in September.

Bybit data shows that Bitcoin has closed September in the red for six years since 2013 and only hit positive monthly closings twice. The best performance was in 2016 when Bitcoin rose 6.04%.

Daily performance of the cryptocurrency market. Source: Coin360

However, the poor historical performance in September didn’t stop small and large traders from amassing Bitcoin in August. Ecoinometrics reported rising account balances for addresses with 1,000-10,000 BTC and for accounts with less than one bitcoin.

Will the bulls be put off by September’s bad historical record, or will this year be an exception? Let’s analyze the top 10 cryptocurrency charts to find out.