BTC January Selloff Effect (Historic Corrections 2016-2021)
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A friendly reminder that there is usually a big selloff starting in the first week of January from 5th-9th, so I'd be careful during this week in particular.
February meanwhile is usually a good month. March however is historically one of Bitcoin's worst performing months(along with august & september).
Overall despite the recent drop I'm still bullish and still believe this bull market will continue until summer 2022. If it does, $100k BTC and $8k ETH should be easy(but that's for a different analysis another time).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.