Bitcoin Price History in September from 2010 to 2020; 2021 Price prediction
Bitcoin is the first and the most popular cryptocurrency. It enables peer-to-peer exchange of value through a decentralised blockchain. It is a must-have crypto coin in any crypto investor’s portfolio. BTC is reliable, safe and trustworthy as well. Bitcoin was launched in 2009 and it has seen a massive amount of fluctuation in the market. Let’s have a look at Bitcoin Prices in September every year so that one can have an idea about BTC’s position in the Q3 phase of the year. If you are an investor who is looking forward to investing in Bitcoin, do check out this article to get a clear idea about the performance of Bitcoin in the month of September.
September 2010
Bitcoin was just launched in the market and people were not very accustomed or aware with the concept of Digital currency, so the prices of BTC kept fluctuating between $0.05-$0.06. It was the beginning of the growth of Bitcoin.
September 2011
The prices hiked up and a substantial amount of growth was noticed in a year. The price of BTC was around $11 in August but it witnessed a major fall in September and further fell down to $4 by the dawn of the month.
September 2012
The word spread around and the world started participating in the rally of Bitcoin and some of them started accepting the coin as an alternative of traditional currency. This resulted in the price of BTC soaring up to $12.29 on 26th September.
September 2013
2013 was the year where Bitcoin finally started getting listed on various exchanges. There were special exchange platforms created to trade BTC. As a result, the price of BTC hiked up, especially in the month of September when it touched the $120 mark.
September 2014
In 2014, people started creating songs and documentaries about the digital coin and this resulted in major awareness among the mass. Hence, the price of BTC was recorded at $479.33 on September 01. This was the bearish stage of BTC where it was experiencing a major downfall which lead to a crash.
September 2015
The year 2015 was not very good for BTC either. The government soon started to interfere and issue statements against the decentralised currency. This led to the price of Bitcoin falling down to $230.94 in September with no signs of recovery.
September 2016
The regulations were constant but BTC witnessed soaring prices in 2016 due to Bitcoin halving. The lack of supply made people buy and store more of BTC. This halving resulted in an increase in price and it was recorded at $615.24 on September 05.
September 2017
After a three year slump, Bitcoin hit $1000 in 2017. The soaring prices were an outcome of lenient policies and the rise of numerous cryptocurrency exchange platforms. The prices were on a rally and it hit the $4000 mark in September followed by slight volatility.
September 2018
2018 was a rough year for Bitcoin. The price of BTC went down more than 70% due to the allegations and distrust from the central authorities. There were also hacking events which scared the masses away. The price of BTC in September was $6576.61 which was considered a downfall.
September 2019
The year 2019 was a rollercoaster ride for Bitcoin. The prices of BTC constantly fluctuate and even though a slight hike was noticed in the beginning of the year, it didn’t last long. It was not dead but merely surviving. The price of BTC was recorded at $8085.71 in September.
September 2020
2020 is one of the most extreme years for Bitcoin. BTC rose strongly and then experienced an agonizing March crash. But it came back with a bang and witnessed a 185% hike in the prices. The price of Bitcoin in September was $10764.28. The bounce back of BTC was strong and important as well.
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September 2021 Bitcoin Price Prediction
It is believed that September is historically the worst month for Bitcoin. But, August has witnessed the bullish nature of Bitcoin after a major crash in May. There have been mixed predictions about the prices of BTC in September. The Crypto bullish analysts expect Bitcoin to reach $60000 in this month while the other crypto experts like Plan B think that the rise of other altcoins and the history of BTC in September will prevent the skyrocketing of Bitcoin prices.
What is your price prediction of Bitcoin for the month of September 2021? Share with us in the comments.
Text source: Crypto Bulls Club
