Bitcoin's 10% increase in September sets the stage for a rare three-month winning streak, a phenomenon not witnessed since 2012.
By Omkar GodboleUpdated 40 minutes agoPublished 48 minutes ago2 min readMake preferred on ShareShare this articleCopy linkX (Twitter)LinkedInFacebookEmailMake preferred on BTC on track for a notable three-month winning streak. (CoinDesk)SummaryShow- Bitcoin is on the verge of achieving its first winning streak from July to September since 2012.
- The previous streak in 2012 was followed by an October drop of 9.7%, but it led to a substantial rally exceeding 2,000% from the monthly low.
According to data from CoinDesk, Bitcoin's price increased by 4.8% in July and surged by 25.2% in August. As of now, September shows a 10.9% rise, with prices trading at $86,140.
The only other instance of such a streak occurred in 2012, where prices rose 41.0%, 6.4%, and 24.4% during those months.
Following that, October saw a 9.7% decrease, which reached a low of $10.17 on October 26. This decline was the precursor to one of Bitcoin's most significant rallies, a 165-day surge that saw prices jump to $230 by April 2013, reflecting an increase of over 2,000%, based on CoinDesk's daily price data analysis.
It remains uncertain whether this year will mirror the 2012 pattern with a downturn in October followed by a substantial rally, or if it will take a different trajectory. The sample size is too small to draw definitive conclusions, as Bitcoin has been traded since late 2010, with this pattern emerging only once before.
Nonetheless, the situation is noteworthy due to its rarity, the significant rally following the 2012 streak, and Bitcoin's broader four-year market cycle. Some models suggest a potentially bullish phase could begin around October or November, although historical patterns are more approximate than strict timelines.
Moreover, any potential rally's scale might be less dramatic than those experienced in Bitcoin's earlier years. In 2012, Bitcoin was a low-volume asset valued at just under $10, easily influenced by a limited number of buyers.
Today, Bitcoin exists within a multi-trillion dollar market characterized by significant institutional involvement, substantial liquidity in both spot and derivatives markets across numerous platforms, and a diverse array of trading strategies, including options, futures, and basis trades. Such market conditions were not present at a comparable scale in 2012, making it more challenging to achieve similar percentage gains today.
Newsletters
Crypto Daybook Americas - The latest moves in crypto markets, in contextMarket analysis for crypto traders and investors.PreviewSign upBy signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.Bitcoin NewsRelated AssetsBitcoin$85,882.161.53%Latest Crypto News- 1Solana starts testing upgrade that could cut finality from 12.8 seconds to 150 milliseconds44 minutes ago
- 2Zcash leads crypto majors with a 10% gain as bitcoin holds near $87,0001 hour ago
- 3U.S. regulator warns about cheating risks in 'mention markets' on prediction platforms6 hours ago
- 4Democrats 'chose visceral hatred for' Donald Trump over crypto Clarity Act, Lummis says8 hours ago
- 5Crypto market structure can't wait for shot at post-election Clarity Act surge: White House9 hours ago
- 6Canada's 'Big Six' banks to launch interbank tokenized deposit initiative12 hours ago
- 7Next for the U.S. SEC: Agency's chief crypto counsel illuminates path for custody14 hours ago
- 8European central banks push to expand stablecoin yield ban to crypto lending and staking15 hours ago
- 9Bitcoin, ether perpetual volumes on Kalshi are dominated by an unusual, repetitive trade, data shows17 hours ago
- 10Why Payward-backed Reap is betting on non-USD stablecoins for 24/7 cross-border FX settlement17 hours ago
The Definitive Stablecoin Landscape Series: Asia Pacific
The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
By CoinDesk ResearchSep 15, 2026Commissioned byRippleAs stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters:
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
View Full ReportMore From Markets