Bitcoin’s late summer performance has historically been weak, with an average return of –0.21% and only a 30% win rate from August 2 to October 1 over the past 10 years. Even in strong years, this period tends to bring volatility or consolidation. As Bitcoin trades above $120,000, a seasonal pullback may offer a strategic dip-buying opportunity.
Bitcoin is known for its extreme price swings, but it also exhibits seasonal patterns. Historically, the period from May 21 to September 25 has been particularly weak, with an average annualized decline of -17.61% over the past seven years. Losses were especially severe in recent years, including a 36.19% drop in 2022. In contrast, the period from late September to May has yielded far stronger gains.
Bitcoin’s seasonal pattern reveals potential risks. With the detrending feature in Seasonax, you can easily identify when Bitcoin is likely to experience declines, helping you minimize risks and optimize your investments.
Bitcoin surged past $82,000 for the first time last week making new highs, driven by President-elect Donald Trump's pro-crypto stance and the potential for a Congress with crypto-friendly lawmakers.
The shift in political landscape is expected to lead to more supportive regulation, boosting the crypto market. So, does this mean Bitcoin can enjoy a further rally into year end?
Bitcoin prices rose over 6% on Tuesday and held gains early on Wednesday on hopes that there’s going to be fresh demand for bitcoin in the coming weeks. The trigger for bitcoin’s surge was the fact that the US court…
You may be asking yourself the same question. Clearly, whether you invest in cryptos or not, the consideration of seasonality in a new asset class is exciting.
It is time to take a look at Bitcoin's seasonal performance!
According to the blockchain data platform Chainanalsys the largest region for cryptocurrency adoption is Western Europe. The all time high for cryptocurrency interest was in the the second quarter of Q2 of 2021. However, although adoption has reduced in interest…
Article in German Dear Investor, When you are pondering seasonality, commodities or stock market indexes are probably the first things that come to mind. Perhaps you consider single stocks or currencies in this context as well. However, seasonal patterns can…
Dear Investor, When I heard about Bitcoin for the very first time in May of 2011, it traded at eight US dollars. As I write this, almost exactly six years later on May 20 2017, it has broken through the…
Dear Investor, When I heard about Bitcoin for the first time in May 2011, it was trading at 8 US dollars. Today, more than eight years later, it trades at around 8,000 dollars. A thousandfold increase! Had I invested 1,000…
Dear Investor, In the last issue of Seasonal Insights I have discussed Bitcoin’s seasonal pattern in the course of a year. In this issue I will show an analysis of the returns of bitcoin on individual days of the week.…
