It is a bloodbath for digital assets, with merchants that hit the sales button, eliminating more than $ 160 billion of total capitalization of the cryptocurrency market since Friday.
Few things have worsened as the first quarter of this year closed, which leads to the sale of the sale, including Trump’s tariff threats, global economic concerns and the lack of a clear catalyst for the next advantage.
However, if the story is something to happen, there could be a ray of hope in the second quarter, since April could bring an upward configuration for crypto.
According to the total percentage yield since 2010, April has brought an average yield of 27% for Bitcoin, which is marked by the third best month, according to Barchart data. November and May were the other two months with the highest returns, with approximately 38% and 26% of profits, respectively.
As reported by Coindesk Omkar Godbole for Crypto Daybook Americas, a premium bulletin that offers merchants to make informed investment decisions, this seasonality could be a very necessary positive indicator for the market.
“Seasonality factors are not as reliable as independent indicators, but when combined with other signs, such as the recent detention in the sale of long -term holders, they seem credible,” Godbole wrote.
A gear in the wheel can be the missing transfer of the exchange mount of a significant amount of bitcoin to centralized exchange wallets, which could create fear of the creditors.
“A short -term potential risk is Mount Gox, which has been transferring considerable amounts from BTC to Kraken; this can lead to a temporary sales pressure or market volatility,” said the CEO of Delibit, Luuk Strijers.
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