SeptemBER has always been RED: Maybe UPtober will be green

I have been actively involved and invested in crypto for two years and from my observation, September has been a red month even in the bull market, the market seems to go a little more red in September. In 2021, I can remember how we complained a lot about September due to the red movement the market was moving, despite the bull market, but fortunately, shortly before the month crossed to October we saw the market pump in October. Same thing happened in 2022, can you believe that in 2022, by this time last year, the price of bitcoin was at $18k. Wow! Thinking about it right now, bitcoin is really the GOAT of cryptocurrency right now. Here we are in 2023 panicking and sad because bitcoin went down from $30k to $25K. Look at the price of the crypto market right now, almost all the coins are down.

Looking at the price of Hive today, got me really sad and disappointed, for my mental health I have decided that from this day henceforth I won’t be looking at the price chart and I won’t be looking at my crypto portfolio so I don’t keep feeling sad every day. I was looking at the crypto chart today, was wondering why the price chart was so red and everything red until I remembered that we are in the first day of September, a month specially known for its red days, it didn’t hesitate to disappoint today. There have been recent fundamental news that have both positively and negatively affected the crypto market. I have recently decided to not pay attention to such news since I am not directly trading futures.

Hopefully, we are going to be up in October since we have known the month to be an optimistic hopeful month to expect the crypto market to give us some positive move. I think the bear market rig it should be the time you should either buy the dip or go outside and touch some grass, breathe a breath of fresh air because the bear market roller coaster has been really wild.

Posted Using LeoFinance Alpha