Bitcoin’s summer tends to be a weak period with average falls in the double digits between August 01 and September 29 over the last 13 years. The largest drop was over 60% and prices have only gained 23.08% of the time. However, this is a very volatile time as the largest gain was over 50% in 2017, so the potential for a wild ride during the summer months is also high.

The two weakest months of the year for Bitcoin are in August and September, with September being the weakest month of the two. In fact every other month of the year tends to see average gains in Bitcoin, apart from August and September. So, this means that this coming period stands out as the seasonally most vulnerable time for Bitcoin downside.

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• The major trade risk here is that previous price patterns do not necessarily repeat themselves each year and remember that in some years the seasonal bearish trend doesn’t play out!

Remember, don’t just trade it Seasonax It!