BITCOIN Wake me up when September ends...

16 ก.ย.

Yes. Green Day's famous song suits Bitcoin (BTCUSD) just find under these circumstances. What are they?

Well, it is pure seasonality along its Cycles. This chart is simple. After every Halving since July 2016, Bitcoin enters a phase of choppy trade, with high volatility but it manages to keep the 1W MA50 (blue trend-line) intact and support.

Then on the first week of October, it starts the Cycle's most aggressive phase, the Parabolic Rally. This has been confirmed on the past two Cycles and so far on this one, we have already got the Post Halving Chop, while the 1W MA50 was tested and held twice. With October only 3 weeks away, it appears that (if this model keeps repeating itself) we are preparing for a very strong rally that will be difficult to catch if you don't position yourself now.

But do you think? Is October ready to deliver? Feel free to let us know in the comments section below!

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