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Interesting Bitcoin seasonal pattern ahead
According to Chainalsys, the blockchain analysis firm, the largest region for cryptocurrency adoption is Western Europe. The all-time high for cryptocurrency interest was in the second quarter of Q2 of 2021. However, although adoption has reduced in interest recently, the Chainalysis Global Index score shows that big long-term crypto holders have held through the recent fall in stocks. You can read Chainalysis full report here and how it reached its conclusions. So, the seasonal pattern in Bitcoin is very interesting when you consider how closely it matched the seasonal pattern in stocks with a strong Q4. Does this ...