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Here's What History Says to Expect for Bitcoin in December

From fool.com

Bitcoin is slightly negative for the year, falling by around 5% despite making new all-time highs in early October. With what's shaping up to be a pretty rough November, the question of what usually happens to the big orange coin in December is likely at the front of many investors' minds. So without further ado, here's what to expect next month. Seasonality data can reveal where investors have historically been rewarded for being optimistic versus cautious. For Bitcoin, the data show that December is, on average, a coin toss that's leaning slightly against you. Looking at the coin's monthly returns since 2013, ... (full story)

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  • Category: Fundamental Analysis