By now, most of you have probably seen a chart similar to this one, which shows that September is historically a seasonally weak month for $BTC.

An interesting follow-up question is what does history have to say about months where September was actually positive?

Was the following month and the rest of the year positive?

Interestingly, since 2010, there have been 4 occasions where Sept. had positive returns.

After that, 3/4 had positive returns in October.

All 4/4 had positive returns in November and 3/4 had positive returns in December.

So on net, seasonally, it hasn't paid to be short #Bitcoin in Q4.