Bitcoin Seasonality – Following A Different Path

Beginning in mid-April, when Bitcoin has historically seen the highest consistency of positive returns over the following month, its price peaked and quickly gave up most of its YTD gains. In mid-July, Bitcoin’s price finally bottomed out and started to rally right up through Labor Day weekend, when it briefly traded above 50 thousand before falling over 10%.

If there’s ever a time of year when Bitcoin bulls don’t want Bitcoin to follow the seasonal script, it’s the next few weeks. 

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