Griffin0318
Long

Summer Blues for Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
If you simply go back and review how Bitcoin has performed during the middle portion of the year in '15, '16, '17, and now in '18, Bitcoin underperforms in the summer. Sure there has been some upwards movement ('17) but price eventually falls back down in order to start a more sustainable rally in Q4 (9/1 - 12/31). I think '18 is no different. Although we may see a rally in July/August, the real upwards movement will be in Q4.

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