Bitcoin (CRYPTO: BTC) could be entering a crucial two-month stretch as historical seasonality and previous market cycles point to late September through November as a potential bottoming window.

BTC Seasonality Works 70% — Will It Again?

In a podcast on Aug. 12, crypto analyst Benjamin Cowen said Bitcoin’s next 60 days could determine how the current bear market ultimately plays out.

He highlighted August and September as historically difficult months, particularly during U.S. midterm election years.

In 2018 and 2022, Bitcoin posted losses in May and June, recovered in July and then turned lower again in August and September.