• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin demand

    Bitcoin demand: BTC approaches $70,000 amid increased adoption

    Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Kraken

    Kraken predict Bitcoin price next surge is to $90,000

    Litecoin price prediction LTC touches $250 as bulls push towards $300

    Litecoin price prediction: LTC touches $250 as bulls push towards $300

    ETH popularity on YouTube

    ETH popularity on YouTube exceeds that of Bitcoin

    Bitcoin Price Prediction BTC all set to conquer $65k next week

    Bitcoin Price Prediction: BTC all set to conquer $65k next week

    Ethereum Price Prediction 2021-04-10

    Ethereum price prediction: Ethereum breaks $2,140 resistance overnight, prepares to move higher

    Uniswap price prediction UNIUSD stuck at $30 as bullish momentum wanes

    Uniswap price prediction: UNI/USD stuck at $30 as bullish momentum wanes

    DOGE Price Prediction

    DOGE Price Prediction: Dogecoin showing signs of surging 10% upon crossing crucial price area

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • All
    • Altcoin News
    • Binance News
    • Bitcoin Cash News
    • Bitcoin News
    • Blockchain News
    • Cardano News
    • ChainLink News
    • Cyber Security News
    • Dogecoin News
    • EOS News
    • Ethereum News
    • Exchange News
    • Industry News
    • Litecoin News
    • Monero News
    • Polkadot News
    • Regulation News
    • Research News
    • Ripple News
    • Scam News
    • Token Sale
    • Tron News
    Bitcoin demand

    Bitcoin demand: BTC approaches $70,000 amid increased adoption

    Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

    Kraken

    Kraken predict Bitcoin price next surge is to $90,000

    Litecoin price prediction LTC touches $250 as bulls push towards $300

    Litecoin price prediction: LTC touches $250 as bulls push towards $300

    ETH popularity on YouTube

    ETH popularity on YouTube exceeds that of Bitcoin

    Bitcoin Price Prediction BTC all set to conquer $65k next week

    Bitcoin Price Prediction: BTC all set to conquer $65k next week

    Ethereum Price Prediction 2021-04-10

    Ethereum price prediction: Ethereum breaks $2,140 resistance overnight, prepares to move higher

    Uniswap price prediction UNIUSD stuck at $30 as bullish momentum wanes

    Uniswap price prediction: UNI/USD stuck at $30 as bullish momentum wanes

    DOGE Price Prediction

    DOGE Price Prediction: Dogecoin showing signs of surging 10% upon crossing crucial price area

    Trending Tags

    • Fintech
    • Bitcoin Industry
    • Stock Market
    • Digital Currency
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Bitcoin News

Bitcoin on buy sign: price to hit the seasonal bear zone, August is historically low

Saad B. Murtaza by Saad B. Murtaza
June 21, 2019
in Bitcoin News
2 min read
Bitcoin on buy sign: price to hit the seasonal bear zone, August is historically low 1
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Data reveals that the Bitcoin price is about to enter the yearly low trend zone. Bitcoin price is on a bear run despite all external factors that can pull down the BTC price down substantially.

However, every champion has to have a weakness, cliche but true in Bitcoin’s case as well.

Independent cryptocurrency analyst on Twitter Cane Island Crypto provides proof of trend that is believed to be recurring for almost a decade since 2010.

RelatedPosts

Bitcoin demand: BTC approaches $70,000 amid increased adoption

Kraken predict Bitcoin price next surge is to $90,000

Bitcoin Price Prediction: BTC all set to conquer $65k next week

Bitcoin price prediction: Bulls build massive momentum as BTC/USD hovers near $58k

Every year since 2010 Bitcoin appears to go into a crypto-winter while the world is enjoying the summers. Data reveals that Bitcoin price and the monthly returns take a downtrend between August and September.

#Bitcoin:

1) June and July likely to be +
a) could be longest + streak ever
2) August right around the corner
3) August typically bad, *AND* coincides with end of streak
4) Most other #cryptos follow $BTC pic.twitter.com/4wHaCmHl8T

— Timothy Peterson (@nsquaredcrypto) June 19, 2019

 

The pattern has repeated itself every year since 2010 and continued till 2018. Although for this year, as a buy signal most analysts already believe that the buy time began on 4th of June.

However, data also suggest that July, June and some part of April display bullish historical trends as well. Which may simply mean that most cryptocurrency enthusiasts and traders take a vacation from August, but research is pending on this theory.

Data further reveals that historically July is the least profitable month before yearly-winter in the crypto sphere. If the trend persists, Bitcoin would not be hitting $1000 until October if it doesn’t get there by July.

While September is historically the dead month for Bitcoin price and trading returns it is wise to ride the current tide since the value is only going up.

Bitcoin on buy sign: price to hit the seasonal bear zone, August is historically low 2

Whereas, Seasonax, an analytics firm, reveals that Bitcoin the suffer seasonal winter in the summers declines from 6th of June to 8th of October on the average. According to Seasonax Bitcoin has collectively declined over thirteen percent (13%) in the past seven years.

Saad B. Murtaza

Saad B. Murtaza

Journalist, Writer, Editor, Researcher, and Strategist with over 10 years of experience in the digital, print and public relations industries, Saad has been working with the mantra, Creativity, Quality and Punctuality. In his waning years promises to build a self-sustaining institute that provides free education. Carrying a diverse portfolio he has studied and written on topics related to cyber crimes, scams, blockchain, and cryptocurrencies.

Related Posts

Bitcoin demand
Bitcoin News

Bitcoin demand: BTC approaches $70,000 amid increased adoption

April 11, 2021
Kraken
Exchange News

Kraken predict Bitcoin price next surge is to $90,000

April 10, 2021
Bitcoin Price Prediction BTC all set to conquer $65k next week
Bitcoin News

Bitcoin Price Prediction: BTC all set to conquer $65k next week

April 10, 2021

Follow Us

  • 51k Fans
  • 8.3k Followers

Latest News

Bitcoin demand

Bitcoin demand: BTC approaches $70,000 amid increased adoption

April 11, 2021
xlm price predictions

Stellar Lumens XLM Price Prediction 2021- 2025

April 11, 2021
Ripple price prediction Ripple skyrockets to $1.40 as long-term bulls target $5.63

Ripple price prediction: Ripple skyrockets to $1.40 as long-term bulls target $5.63

April 10, 2021
Kraken

Kraken predict Bitcoin price next surge is to $90,000

April 10, 2021
Litecoin price prediction LTC touches $250 as bulls push towards $300

Litecoin price prediction: LTC touches $250 as bulls push towards $300

April 10, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Exclusive Partners of

Footer 3

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Altcoin
    • Blockchain
    • Binance
    • Security
    • Ripple
    • Litecoin
    • Ethereum
    • Dogecoin
    • Cardano
    • Tron
    • Token Sale
    • Industry
    • Exchange
    • Polkadot
    • ChainLink
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Bitcoin Cash Price
    • Chainlink Price
    • Litecoin Price
    • Polkadot Price
    • Cardano Price
    • Binance Coin Price
    • Stellar Price
    • EOS Price
    • Tron Price
    • Monero Price
    • Dash Price
    • IOTA Price
    • Dogecoin Price
    • Altcoin Price
    • Sushi Price
    • Uniswap Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.