This analysis started with a simple look back at ol' grandfather bitcoin. With so much speculation, FUD, FOMO and all of the above surrounding BTC today - who can we turn to for answers? Bitcoin has stories to tell if you listen so gather around everyone it's story time!
It allll started in small garage in the suburbs of san....ok, seriously now. Bitcoin has CRUSHED February performance compared to it's March predecessor. See quick breakdown: imgur.com/hegVo7H
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Year / February Gains (Monthly Total) / February-to-March Pump (Between 2/26-3/2) / March Madness Crash (Around 3/1) / March Losses (Monthly Total)
2015 / 39.95% / 24.36% / -11.26% / -18.36%
2016 / 22.81% / 8.46% / -12.47% / -7.32%
2017 / 34.51% / 14.29% / -26.04% / -20%
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After a few days of analyzing and contemplating historical BTC data for the months of January, February & March, I believe I've identified nine (9) consistent trends that happened each year - 2015, 2016, and 2017. They are playing out almost to a tee right now in front of our greedy eyes!
These 9 trends are labeled on the chart for reference (see past year charts too! 2015: i.imgur.com/Bql10dq.png, 2016: i.imgur.com/b0w37a7.png, 2017: i.imgur.com/ow6DWBJ.png)
1. New Year's Bottom - (9-12 days start to finish) - Bitcoin hits it's AYL (All Year Low?) on or around January 15th - an exception is this year due to #PanicMode sellers which pushed the bottom back a few days, but I think we'll soon see BTC doesn't mind. No hard feelings. Side note - the whales, banks, your cousin and Satoshi Nakamoto buy up all your sell orders here for profits later.
2. Safe Landing - 4-8 day window - BTC lands the coin plane right on time, at your dream vacation destination, the BTC market in February. BTC always lands right February 1st.
3. Support Group - (6-10 days) BTC has been through a rough month. It's sad T_T. Nobody wants to hang out any more. But BTC was raised well and has the self confidence and discipline to get back up on that horse, errr bull. BTC joins a support group and is ready to give it another shot.
4. FIESTA TIME - (ends around 2/26) Bitcoin goes on a tear! Tequila shots and tacos all day and night for the next 2 weeks.
5. Crossfit for Bit (mid to late February, up until a couple days prior to march 1st) - Bitcoin starts training furiously making massive strength gains. Lots of squats and push ups. So ripped. It's tough work, has it's ups and downs but BTC pushes through.
6. Space Camp (2/26 to 3/2ish) - BTC wants to go to the moon one day but can't afford a Falcon-X. Instead bit joins a weekend space program at the local community college. BTC gets a taste of of space, gaining 15% on average and up to 25%!
7. The Crash - (be ready around 3/1) - Bitcoin has so many new friends, but they just keep calling and it can't keep up with life in the fast lane. A lot of his new friends get mad and leave. The Fiesta is over (for now). After almost a full month of tequila and push-ups, BTC takes a deep snooze for 3-7 days. Bitcoin loses his 6-pack, its friends are pissed, but don't count BTC out. Unless you're over invested in Bitcoin. All cryptocurrency trading is a risk and you should only invest what you're willing to lose. I'm not a financial advisor blah blah blah.
8. Mid-Year Crisis - These are very dark times for BTC. Ol' Bitcoin is bitter at life. Who is it? Bit is not an it. How can Bit be happy when it posses no emotions. Best to let BTC work this out on it's own unless you're trained in dealing with psychotics.
9. Bit Sees The Light - March is almost over. BTC is starting to find itself again. It looks back and remembers all great memories filled with such hopes and dreams just a few weeks before. This is enough to put Bit back on the right track, but this time its doing things different. It's time to slow down a bit (yes) and think life through. BTC is going to be the best cryptocurrency it can be
It allll started in small garage in the suburbs of san....ok, seriously now. Bitcoin has CRUSHED February performance compared to it's March predecessor. See quick breakdown: imgur.com/hegVo7H
-
Year / February Gains (Monthly Total) / February-to-March Pump (Between 2/26-3/2) / March Madness Crash (Around 3/1) / March Losses (Monthly Total)
2015 / 39.95% / 24.36% / -11.26% / -18.36%
2016 / 22.81% / 8.46% / -12.47% / -7.32%
2017 / 34.51% / 14.29% / -26.04% / -20%
-
After a few days of analyzing and contemplating historical BTC data for the months of January, February & March, I believe I've identified nine (9) consistent trends that happened each year - 2015, 2016, and 2017. They are playing out almost to a tee right now in front of our greedy eyes!
These 9 trends are labeled on the chart for reference (see past year charts too! 2015: i.imgur.com/Bql10dq.png, 2016: i.imgur.com/b0w37a7.png, 2017: i.imgur.com/ow6DWBJ.png)
1. New Year's Bottom - (9-12 days start to finish) - Bitcoin hits it's AYL (All Year Low?) on or around January 15th - an exception is this year due to #PanicMode sellers which pushed the bottom back a few days, but I think we'll soon see BTC doesn't mind. No hard feelings. Side note - the whales, banks, your cousin and Satoshi Nakamoto buy up all your sell orders here for profits later.
2. Safe Landing - 4-8 day window - BTC lands the coin plane right on time, at your dream vacation destination, the BTC market in February. BTC always lands right February 1st.
3. Support Group - (6-10 days) BTC has been through a rough month. It's sad T_T. Nobody wants to hang out any more. But BTC was raised well and has the self confidence and discipline to get back up on that horse, errr bull. BTC joins a support group and is ready to give it another shot.
4. FIESTA TIME - (ends around 2/26) Bitcoin goes on a tear! Tequila shots and tacos all day and night for the next 2 weeks.
5. Crossfit for Bit (mid to late February, up until a couple days prior to march 1st) - Bitcoin starts training furiously making massive strength gains. Lots of squats and push ups. So ripped. It's tough work, has it's ups and downs but BTC pushes through.
6. Space Camp (2/26 to 3/2ish) - BTC wants to go to the moon one day but can't afford a Falcon-X. Instead bit joins a weekend space program at the local community college. BTC gets a taste of of space, gaining 15% on average and up to 25%!
7. The Crash - (be ready around 3/1) - Bitcoin has so many new friends, but they just keep calling and it can't keep up with life in the fast lane. A lot of his new friends get mad and leave. The Fiesta is over (for now). After almost a full month of tequila and push-ups, BTC takes a deep snooze for 3-7 days. Bitcoin loses his 6-pack, its friends are pissed, but don't count BTC out. Unless you're over invested in Bitcoin. All cryptocurrency trading is a risk and you should only invest what you're willing to lose. I'm not a financial advisor blah blah blah.
8. Mid-Year Crisis - These are very dark times for BTC. Ol' Bitcoin is bitter at life. Who is it? Bit is not an it. How can Bit be happy when it posses no emotions. Best to let BTC work this out on it's own unless you're trained in dealing with psychotics.
9. Bit Sees The Light - March is almost over. BTC is starting to find itself again. It looks back and remembers all great memories filled with such hopes and dreams just a few weeks before. This is enough to put Bit back on the right track, but this time its doing things different. It's time to slow down a bit (yes) and think life through. BTC is going to be the best cryptocurrency it can be