Today, on the 11th anniversary of Bitcoin's white paper, we decided to see which of the months were the best or the worst for the very first cryptocurrency. For this, enough data has accumulated to make reasonable conclusions.
If you look at the average values, it becomes clear that September is statistically the worst month for bitcoin, and 2019 has once again confirmed this. It was in September 2019 that the price of bitcoin fell the lowest — by 14%.
The best month for this indicator was November, in which the average value of the bitcoin price change is + 50%. It became the first, even though in November 2018, we saw one of the most significant drops in the price of bitcoin in history. And here is the time to recall that November 2019 is just beginning.
The median value is calculated as follows: all numbers arrange in ascending order, then we need the number that is equidistant from both the beginning and the end of the number series, that is, the desired indicator is in the middle. The leader in this parameter was April with an indicator of 21%.
If you look more closely, you can see that the most significant price changes occur in late spring and late autumn, and in summer, as a rule, the least activity is manifested.
If you want to better master investments and cryptocurrency trading, then be sure to pay attention to these indicators.