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Many investors complained about Bitcoin (BTC)'s weak price movement in September. Many had already left the market before the summer holidays, following the slogan "Sell in May and go". But it looks like now might be the best time to refocus on the broader crypto and BTC market. Here are an analyst's statements about BTC purchase...
Analyst explains the best time to buy Bitcoin
CryptoBirb, a well-known cryptocurrency market analyst, published a brief analysis of BTC's historical returns later in the year. According to him, September, historically the weakest month, is the best opportunity for market returns. This is followed by October and November, which are statistically the two most profitable months. The last weeks of September can provide an excellent opportunity to buy Bitcoin. According to historical statistics, September is the only loss-making month of the year when averaged over the entire available history of BTC trading.
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