Historical Bitcoin Monthly candle Colours - MAY - JUNE and beyod
So, as we come tot he close of MAY 2024, short of a Catastrophe today, MAY will close Green for the 7th time in Bitcoin History, bringing the score to 7 Green - 6 Red for May
The Current score for June is 7 Green - 5 Red
On 4 occasions, we have had a Green June after a Green May, so odds are higher we will see a Green June, though is os NOT a guarantee..
However, Only on 3 occasions have we seen a Green July after a Green June.
PA has never had a Green Red Green before June. I.e. Green March, Red April, Green May
But in 2018 , we had a Red Green Red. i.e Red March, Green April, Red May and we followed with a Red June......This was After the 2017 ATH and the overall PA declined for a further 8 months, though there were small green candles in that time.
The candles are dependant on Bull / Bear Market and I encourage you to look into this.
IF we are in a BULL market now, we may continue the opposite of what happened in 2018 ?
Only time will tell
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