IC50_50

Bitcoin September Bear Market history

BITSTAMP:BTCUSD   Bitcoin
History tends to repeat itself. Looking back bitcoin's price action in September from 2013-2020, you will find 5 out of 8 years, September is bearish regardless of bull/bear cycle. The rest 3 are consolidation sideways. Do your math and calculate your odd opening long position at this point (could be one final small rally coming early September).
Also, Eth topped early September 2017 before pullback following bitcoin.
I am still hodling my bitcoin below 10k, but any weekly candle below 35k will raise significant warning of potential bear market and 60k bitcoin top.
If bull holds well in September, I believe it is an all-in situation (like what I did in 2019) for final melt-up phase of crypto bubble.
Good luck.


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