The impossible happened: September actually closed +3.9% in green, another indicator that the past is not always exactly the future.

Going back one whole month to late August/early September is where many of us here and on Crypto twitter were suddenly very vocal that September is all certain to be bearish for Bitcoin, just because the last two Septembers has massive dips and September is just historically one of the worst-performing months for Crypto.

But this time was different:

​

Monthly BTC chart showing +3.9% close for September

Here we can see how this September actually did close a whole +3.9% up from August and that was even though there has barely been any big bullish news, except the Ethereum ETFs releasing maybe. Albeit, we also don‘t need much news to move prices during such low liquidity levels as right now.

But either way, this is just another lesson of how past performances are not always the indicator for future performances. While I do actually personally think that the past will forever and always be a part of the future, many others simply tend to predict and make financial decisions based on the past, which I think is just dangerous and nothing else than gambling.

Though, this also does not mean that we should ignore history completely, while history can not be the exact same, history does indeed often rhyme. We have to keep an eye open for past performances just as much as the present and the future, but ultimately the past, present and future should be balanced.