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RE: Bitcoin statistics - week 44

in #bitcoin5 years ago

Q4 started weak - but the strongest month to come.

but by your very chart....if 2011 was an up year in the 4th quarter (which I believe it was mildly unchanged to up if I recalled correctly), then it's possible after every 4 year run cycle, the 4th year is unchanged or sideway (or at worst mildly down) 4th quarter

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also don't forget after a Super Peak (and yes we should consider near $20,000 a super peak) BTC has historically taken >12 months to recover stable near high price before a massive if not then significant new peak

eg. after mid 2011 Super peak about $31....took 1.x years before reaching high $20s in the start of 2013 ( >1 year later) before running upto new 3 figures highs

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