Based on the Last 12 Years, there’s a 72% change that August is a green month. (as long as July closes green)
1 min read
Hi r cryptocurrency,
It has been a while since I did a monthly returns analysis. (I shared a few here’s one of them here)
inb4 this is astrology for men so yeah skip this if you don’t care for that.
Based on the July returns and the historical August returns, it looks like there’s a 72% chance that we have a green August as long as July closes in the green. That’s by looking at the continuation trend. 8 out 11 times when July closed in the red or green, August continued that trend.
(full article with charts here. )
What do you think will we see a green month for BTC in August?
submitted by /u/xtarsy
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