Bitcoin: Seasonal Summer Weakness
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 eight years later on May 21 2019, it is trading at about…
Bitcoin
Seasonality for Crypto: Can You Apply it to Bitcoin?
Dear Investor, The last time we have talked to you about Bitcoin was in May 2017 when we have discussed that Bitcoin too has a seasonal weakness in summer. We have shown you that you can identify a seasonal pattern…
Despite 24/7 Trading: Bitcoin Investors Are Taking off for the Weekend on Friday Already
Dear Investor, In the last issue of Seasonal Insights I have discussed how the S&P 500 Index performs on individual days of the week. In this issue I will show an analysis of the returns of bitcoin on individual days…