In 2025, Bitcoin is poised to achieve its most successful September yet, defying its historical seasonal patterns.
As the leading cryptocurrency by market capitalization, Bitcoin has experienced a notable increase of 7.39% this month, with bullish sentiment clearly dominating the market.
This September appears to be slightly outperforming last year’s figures when BTC recorded a gain of 7.29%. In fact, in 2023, it also saw positive movement with an increase of just 3.9%.
September’s Historical Struggles for Bitcoin
The current trend marks three consecutive years of gains after a prolonged period where September was synonymous with bearish behavior for Bitcoin following six years of losses. For example, in September 2019 alone, Bitcoin plummeted over 13%. Investors faced significant downturns during both the years of 2020 and 2021 as well.
Even during the remarkable bull run in late 2017, Bitcoin still suffered a decline exceeding 7% that month due to China’s stringent regulations on initial coin offerings (ICOs) and local crypto exchanges that were pivotal players in global trading volumes at that time.
Nevertheless, given recent trends and performance metrics, it seems that this month may no longer be dominated by bearish sentiments.
Is $120,000 Within Reach for Bitcoin?
Data from Polymarket indicates there is currently a likelihood of around 50% for Bitcoin to exceed $120,000 this September.
Just recently on Thursday, it approached this milestone but has since retraced some gains; as per CoinGecko data today it’s trading at approximately $115,954.
Conversely，the probability stands at only about 13% for Bitcoin to reach $125，000。