For the last 4 years, bitcoin was up 4 years.
Most human activities have seasonal cycles. That behaviour shows up on markets too. We already know many adages about stocks seasonality like: Sell in May and Go Away.
Unfortunately we don't have too much data about cryptocurrencies, so we can see long term effects of seasonality. From coinmarketcap I could get February data for the last four years, 3 of them were bullish.
Seasonality aligns with technical analysis. Based on EW analysis, bitcoin correction is getting near and we might have another bullish February.
Please check my previous post:
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Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. This is not a financial advice. It should not be regarded as investment/trading advice.