With Bitcoin and other financial markets, a certain seasonality and cyclicality exists. Some chalk this up to coincidence, while others seek to try and capitalize on any opportunity to predict recurrence.
With Spring just around the corner, typically an event signifying new growth and a return to light, could it be the seasonality change that the crypto market needs for a serious recovery into new growth once again?
Bitcoin Seasonality Could Point to Recovery Starting in Spring
Bitcoin and the asset class of cryptocurrencies is inarguably a financial market unlike any other, however, it is still ruled and governed by the same market dynamics and investor sentiment and emotion that fuels the rest of the world’s finance.
Oftentimes these dynamics lead to a cyclical recurrence or seasonality to assets.
Related Reading | Market Cycle Psychology: Did The Crypto Market Just Enter Full Anxiety Phase? 
Ever heard of the phrase, “sell in May, and go away” or of something called the “Halloween effect?” Both theories are based on common seasonality recurring in financial markets.
Markets also go through extended bear and bull market cycles, which are often said to last roughly four to five years in between each full cycle.
Secular market cycles can last as long as 30 years, and Kondratiev waves or super cycles last 60 years.
Legendary trader W.D. Gann saw 90 years as among the most significant market cycles, which points to the current coming economic recession occurring almost exactly 90 years following the 1929 economic collapse.
In the below Bitcoin price chart, a seasonality tool shows when each turn of the season occurs, and how the change in season also causes a change in price action.

In early 2018, a turn of the vernal equinox sent Bitcoin into its bear market for over a year following. The next year in early 2019, the vernal equinox caused a massive breakout that took Bitcoin from $3,000 to $13,000.
What will the next vernal equinox, occurring in just two days on March 20, bring to Bitcoin?
Cryptocurrency Seasonality Predicts Last Two Major Market Tops
Before you write off the importance of seasonality to financial markets like Bitcoin and crypto, history shows that there could be value in the timing involved.

The aforementioned W.D. Gann often looked to December to act as market tops for assets, based on Mercury being in retrograde. Aligning with this theory, both of Bitcoin’s most significant tops ever recorded, took place in December during the turn of the winter solstice.
Related Reading | Will Bitcoin’s True Value Proposition Shine During End of Times Scenario? 
Why this happens, no one knows, however, according to Gann, it has to do with the location of the planets and the unknown impact of their gravitational forces on all of nature.
Featured image from Shutterstock