🔥 Event ⏳ In previous cycles, the effect of November was determined and it is clear that it is a month that jumps at the beginning and calms down or corrects at the end.
But December in all cycles was strongly rising. It rose in December 2016 by 40%, and rose in December 2020 by 88%.
🌟 January is usually the beginning of the year and with it there is a lot of news, decisions, etc., so we notice that in 2016 and 2020 it was corrected in a confusing way for many and reached -30%.
🌟 March 2016/2020 is a sub-peak that carries with it a strong correction that exceeded -35%.
🌟 February in the previous two cycles was also similar in the rise, as it rose 77% in 2016 and rose 100% in 2020.
Should history repeat itself now with the past in the same behavior?
Not necessarily, but it gives the trader an impression of the similarity of the movement on Bitcoin and helps him in making a decision.