The chart below shows average returns for bitcoin by month. Typically, BTC has positive returns in the fourth quarter, which is why some traders remain poised for a year-end rally across cryptocurrencies. Based on seasonal data, however, BTC’s upside could be limited as January tends to produce negative returns. www.coindesk.com
The chart below shows average returns for bitcoin by month. Typically, BTC has positive returns in the fourth quarter, which is why some traders remain poised for a year-end rally across cryptocurrencies. Based on seasonal data, however, BTC’s upside could be limited as January tends to produce negative returns.
www.coindesk.com