Opinion: Bitcoin's monthly low has often been established in the first 10 days over the past year, suggesting that this month's bottom may have already been reached.

BlockBeats News, September 12, CoinDesk Data and Token Deputy Editor Oliver Knight suggested that Bitcoin may have bottomed out on September 1, when the low point was around $107,000. Since July 2024, Bitcoin has often formed the monthly low within the first 10 days of the month. Although February, June, and August 2025 were exceptions with late low points, the market experienced a pullback in the first 10 days before resuming the trend. This pattern may be related to institutional portfolio rebalancing and key macroeconomic events concentrated at the beginning of the month.

Oliver Knight pointed out that several futures and options markets expire at the end of each month or the beginning of the next month, which may cause short-term fluctuations, leading to low trading activity as traders choose to roll over positions or reposition. While past performance cannot guarantee the future, the fourth quarter has historically been Bitcoin's strongest period, with an average return of 85%. October stands out, having only seen two months of decline since 2013.