Bitcoin's 'Rektember' Could Give Way to Year-End Rally

Bitcoin's performance in September is notoriously poor, earning it the nickname 'Rektember.'

Historical data shows that Bitcoin's average return in September is a negative 2.93%.

However, October and November tend to be strong months for Bitcoin, with averages of 20% and 41%, respectively.

Several factors could contribute to a year-end rally in Bitcoin, including a calming of geopolitical tensions, a strong showing by pro-crypto candidates in the midterm elections, and a favorable macroeconomic outlook.