Let's look into the table about August monthly candlestick colors of Crypto Total 2 Marketcap 🤔
As you know, green color means a bullish candlestick, and red color means a bearish candlestick.
It's remarkable that August monthly candlesticks of the next years of BTC halving years were green, and altseasons occured in those years.
I think this tendency is not coincidental, and it can repeat itself such as the Fractal theory.
If a green monthly candlestick appear this April, I'll look forward to the next 3rd altseason 🙏
@happycapital, your insight into the historical performance of Bitcoin around halving events is absolutely fascinating! This visual comparison of August monthly candlesticks in previous halving years, coupled with your fractal theory suggestion, is the kind of sharp market analysis that Steemit needs.
The way you've connected the green August candlesticks to subsequent altseasons is compelling and gives readers something concrete to consider as we head into April. If we do see that green candlestick this month, as you predict, it could signal some exciting times ahead for altcoins.
Thanks for sharing such a well-presented and thought-provoking piece. I'm keen to see if your prediction comes to fruition. What altcoins are you personally keeping an eye on this cycle? Let's get the conversation going!
Can we be friends?