BTC falls 3%, still on track for best September since 2013

September is historically the worst month for the price of bitcoin, but it might be about to close by now. BTC has ended September in the red in eight of the last 11 years. This year, it looks set to close the month up at least 7%, even with today’s swoon. The optimistic month puts bitcoin on a strong base until October, which, on the contrary, is one of the strongest. Where September saw an average loss of 3.6% since 2013, October saw average gains of 23%. Some traders are targeting a rise of up to $70,000 in the coming weeks. A green September has always led to a higher bitcoin close in October, November and December.