Bitcoin is down over 10% from its August peak of $124K.

Now it’s stuck below $112K… and heading into September, historically its worst month 📉

But this September could break the curse.

Here’s why:

September has been brutal for Bitcoin:

- 9 of the past 14 years closed red

- Average loss: ~12%

This is why traders brace for impact every year.

But 2025 could be different.

Bitcoin continues to attract investors, since january:

- BTC ETFs have seen ~$9B net inflows

- Companies added over 430k BTC to their treasuries

That’s not just inflows. That’s a structural shift.

Macro backdrop:

The Fed is expected to cut rates soon.

That may already be priced in, but it signals the start of a dovish cycle.

Easier money = risk-on.

And historically, Bitcoin loves expanding liquidity.

The risks?

- Trading activity is lighter than usual, that can make price swings sharper.

- Macro and geopolitical situation is still fragile.

But whales are accumulating. Institutions are buying dips.

The downside looks more cushioned than in past Septembers.

Bitcoin testes $106K support, but 2025 feels different.

For long-term hodlers, the real question is: why sell BTC if the trend is still up?

If you need cash, a smarter play might be to collateralize your Bitcoin and borrow what you need, without giving up self-custody 🔒