Bitcoin Worst Months | StatMuse Money (2024)

FAQs

What are the worst months for bitcoin? ›

September is historically the worst month for bitcoin. The coin has finished higher in just three of the past 11 Septembers and the month has the largest average loss of the year for the coin at 4.8%, according to CoinGlass.

2013 boom and 2014–15 crash. In November 2013, Bitcoin's price rose to US$1,127.45. It then gradually declined, bottoming out at US$172.15 in January 2015.

Bitcoin Price is at a current level of 58211.12, down from 59214.80 yesterday and up from 26520.99 one year ago. This is a change of -1.69% from yesterday and 119.5% from one year ago.

Cryptocurrency prices tend to rise in the first weeks of the month before they collapse and continue to trend downward through the end of the month. It's worth reiterating again that cryptocurrencies are notorious for their volatility, which means patterns and trends that are true one month can vary widely the next.

According to the Corporate Finance Institute, “Generally, cryptocurrency prices start low on Monday and rise throughout the week.

The lowest closing price for Bitcoin (BTC) all-time was $0.05, on July 18, 2010. The latest price is $59,866.

Bitcoin (BTC) Price Prediction 2024-2040

Our real-time BTC to USD price update shows the current Bitcoin price as $59,939 USD. Our most recent Bitcoin price forecast indicates that its value will increase by 12.84% and reach $67,634 by September 19, 2024.

Bitcoin (BTC) price again reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024. That particular price hike was connected to the approval of Bitcoin ETFs in the United States, whilst previous hikes in 2021 were due to events involving Tesla and Coinbase, respectively.

How much will 1 Bitcoin be worth in 30 years? ›

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

It claims the value of Bitcoin will grow steadily to about $1 million per full Bitcoin by 2030. A network like Bitcoin comprises a set of nodes that form connections with one another and follow a protocol, a group of rules.

Ark's research suggests the cryptocurrency could soar 2,115% to almost $1.5 million by 2030 -- but Wood herself came out with an even more bullish estimate recently, saying Bitcoin could rocket 5,453% to $3.8 million.

So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

September has historically been the worst-performing month for both bitcoin and stocks. has generated an average monthly decline of 1.2% and ended higher only 44.3% of the time dating back to 1928, according to Dow Jones Market Data.

As of 2024, Bitcoin's highest price ever recorded is $73,844. However, the price has retreated pretty quickly due to the anticipation of Bitcoin halving (which happened on April 20, 2024) and several other factors.

Mondays are associated with higher returns and volatility in Bitcoin prices. Attention to Bitcoin varies significantly across weekdays. This effect has evolved along with the gradual recognition of Bitcoin worldwide.