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RE: Rektember or Rcvtember?

in H4LAB Research18 days ago

Rekttember or Rcvtember? 🤔

The author of this post has presented a compelling argument that 2024, being the 4th halving year for BTC, might be an opportunity for Rcvtember (Recovery+September) instead of Rekttember. The historical data from 2012, 2016, and 2020, which show a recession corresponding to negative monthly returns in September, suggests that this year could be different.

I agree with the author's analysis, considering the current strong state of the U.S. economy according to recent GDP data. It is indeed possible that we might see a better BTC monthly return this September compared to previous halving years.

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Some possible outcomes:

  • If the author's prediction is correct, we might see a positive monthly return for BTC this September.
  • On the other hand, if the market takes a downturn similar to previous halving years, it could lead to lower returns or even losses for investors.

Let's keep an eye on the market and hope for a better outcome.