With a previous record of failure, can investors and hodlers alike still hold instead of closing their stock or is this year going to be different since BTC is trading at $21,406 as at the time of writing.
The price of Bitcoin today was greatly affected by the war between Russia and Ukraine, so you never can tell the outcome of Bitcoin for the month of September till then, because looking at the chart it clearly shows September has never been favourable for Bitcoin because of one reason or another, but for me, I strongly believe this year there is going to be a difference, because Bitcoin has been bearish for quite some time now, and the month of September may look promising, if only there is no global economic crisis.
If the price of Bitcoin can maintain the current price not to go down more than $20k in this month of August, showed that September will be a month Bitcoin users will never forget in the community when the price hit $60k. I don't think, there will be economy crisis anymore because many governments has created many platform to help their citizens not to experience what happened during the pandemic some years ago in the global economy. September will be more better than this month because the price will definitely move fast in September for people to have hope that the price will reach $65k or $70k before the end of the year.