Watch Out: The Worst Day of the Year for Bitcoin Has Been Identified and It’s Close – Here’s the Date to Prepare For

Cryptocurrency analyst Timothy Peterson has shared a remarkable seasonal analysis of Bitcoin's price movements. According to Peterson, September 21st is the worst day of the year for Bitcoin. The analyst argued that there's about an 80% chance Bitcoin will fall on that date. According to Peterson's data, the average daily loss on September 21st was one of the steepest declines of the year, with a median daily loss of -2.00%. March 22nd came in second with a daily loss of -1.52%, and September 24th came in third with a daily loss of -1.50%. This makes two of Bitcoin's three worst days of the year in just four days. Related News: JUST IN: New Details Emerge on the Anticipated $1 Billion Solana (SOL) Purchase The analyst also reminded that Bitcoin lost 6.5% of its value in August and predicted that, in line with this seasonal pattern, the price could be in the range of $97,000 – $113,000 by the end of September. Peterson added that such fluctuations are part of a seasonal pattern that goes back many years. At the time of writing, the BTC price is trading at $111,253. *This is not investment advice. Continue Reading: Watch Out: The Worst Day of the Year for Bitcoin Has Been Identified and It’s Close – Here’s the Date to Prepare For