You were warned.
>>60900934thats why i sharted in july
>>60900934Is there actual reasoning behind this or is it just a coincidence
>>60901079>kids go back to school
If I buy, it goes downIf I sell, it goes upSo I’m holding forever and it’s going to be sideways forever
>>60900934October-January seems to be a toss up of extreme pump or dump. Depending if we are bear or bull cycle
>>60901079statistical variance. if you treat each month like a coin flip then it's more likely than not to happen with a 97% chance. However the chances of it happening in two consecutive months (August + September) is lower at 47%, but that's still not meaningfully low. the real odds are a little lower since it's not exactly a coin flip, it's weighted towards positive with slightly more green than red.
>>60901079It's the same with the stonks markets. "Sell in May and go away" has been a thing for decades. Buy back in in September.
>>60901079Probably follows macro markets. Seasonality tends to represent wider economic events like summer/winter spending, tax years ending, election seasons etc.Im even pretty sure the 4 year cycle for crypto has never really been to do with halvings but moreso with general market cycles as it also applies to the S&P/NASDAQ.
>>60900934>it's gonna DECLINE bro!>zoom out>it just keeps going upnot falling for it
>>60901079Fiscal year end
>>60900934Market already got shaken out earlier this year, so september will be green.
>>60900934If anything this chart says we have a better chance of ending green than red. There has never been a green August and sept, and there are years where both are red, but there are more 50/50s than anything
>>60901079Everyone just decided that September is a good time to sell and has become self fulfilling.
>>60903504Midwit. there is obviously patterns that the monthly chart
>>60904103Shh don't tell them
>>60903767Pretty sure Bitcoin halving was designed in alignment to benefit from the 4 year cycle in the NASDAQ.
>>60900934>the month has more red boxes so it must be a red box this year tooThis is dumber then placing a line on a chart and expecting that line to physically hold up the price
>>60900934The last 3 years seem to incidate that red august=green september. So we probably hit 130k by october 1st.
