Is Bitcoin price seasonal?
There is this saying in stocks markets - sell in May and go away.
After reviewing over hundred years of NY stocks exchange and others - researchers found out that there are certain profitable months and others more prone to be losing months.
There are many examples for this but this looks something like this:
Is it the same with bitcoin? I just came across similar concept from https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-570-seasonality-indicator-steem-bounty-reward
Is this really a thing or are we seeing the things we want to see?
To the question in your title, my Magic 8-Ball says:
Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.
Yes price action is seasonal just like any other market. January dip, February
more falling +consolidation , March consolidation and stabilizing, April we're back :)