Bitcoin is down over 10% from its August peak of $124K. Now it’s stuck below $112K… and heading into September, historically its worst month 📉 But this September could break the curse. Here’s why: image September has been brutal for Bitcoin: - 9 of the past 14 years closed red - Average loss: ~12% This is why traders brace for impact every year. But 2025 could be different. Bitcoin continues to attract investors, since january: - BTC ETFs have seen ~$9B net inflows - Companies added over 430k BTC to their treasuries That’s not just inflows. That’s a structural shift. image Macro backdrop: The Fed is expected to cut rates soon. That may already be priced in, but it signals the start of a dovish cycle. Easier money = risk-on. And historically, Bitcoin loves expanding liquidity. The risks? - Trading activity is lighter than usual, that can make price swings sharper. - Macro and geopolitical situation is still fragile. But whales are accumulating. Institutions are buying dips. The downside looks more cushioned than in past Septembers. Bitcoin testes $106K support, but 2025 feels different. For long-term hodlers, the real question is: why sell BTC if the trend is still up? If you need cash, a smarter play might be to collateralize your Bitcoin and borrow what you need, without giving up self-custody 🔒