Disclaimer: I do not do TA (you can read my crap chart and see that pretty easily), I don’t day trade, nor do I pretend to understand the mechanics behind it. With that being said, I do look at numbers and like most people, enjoy finding patterns in the data.

This article is going to be short and sweet, but I wanted to share some patterns found in Bitcoin that I find pretty fascinating. They all revolve around the 6th day of every month (since this past year).

I tweeted about Bitcoin highs and lows on Tuesday the 28th, browsing through coin market cap to find the data. I tend to tweet interesting things that I find (along with my usual humor). I spoke with my boss later on that day and he mentioned something about changes on the 6th that he had overheard from a YouTube video. I decided to investigate.

I made an account on trading view and plotted some points in regards to the sixth. Each rise and fall coincides with the 6th of each month. I even plotted December (we may have to discount the spike mid-month due to the unusual influx of buyers).

Some things become very apparent:

Starting with a dramatic rise on the 6 th of December, the market moved in a general upward direction

of December, the market moved in a general upward direction Each consequent date on the 6 th , we moved down, then up again

, we moved down, then up again November 6 th (not pictured) would’ve been a “Down” month, had it not been for the unnatural growth (which would still coincide with December 6 th being an “up” month)

(not pictured) would’ve been a “Down” month, had it not been for the unnatural growth (which would still coincide with December 6 being an “up” month) It seems almost as if we are moving towards a stable median in the market

Each triangle gets slightly wider with each month, showing the price fluctuating less and flattening out more

If we map the percentages of each point: From December to January there was a 148% increase From January to February there was a 66% decrease From February to March there was a 190% increase From March to April there was a 43% decrease From April to May there was a 151% increase If we plot May to the lowest point thus far (the 29 th ) that accounts for a 29% decrease



From December 6th to January 5th, here are some averages:

15,762.40 16,718.07 14,735.58 15,936.91 15,110,087,097 264,060,838,710 Open High Low Close Volume MarketCap

From January 6th to February 5th:

12,315.77 12,672.75 11,374.23 11,973.93 12,029,773,871 207,055,387,097 Open High Low Close Volume MarketCap

From February 6th to March 5th:

9,812.82 10,286.87 9,489.45 9,979.31 7,771,070,714 165,598,392,857 Open High Low Close Volume MarketCap

From March 6th to April 5th:

8,503.73 8,700.46 8,068.82 8,344.96 5,951,972,258 143,955,516,129 Open High Low Close Volume MarketCap

From April 6th to May 5th:

8,354.64 8,606.75 8,204.24 8,453.87 7,098,590,000 141,946,466,667 Open High Low Close Volume MarketCap

From May 6th to May 29th:

8,408.37 8,523.60 8,155.84 8,309.27 6,092,241,250 143,259,250,000 Open High Low Close Volume MarketCap

Using this data, we can make some observations:

In the months of an upward trend, we can see the volume is always higher

Downward trend months show a lower trade volume

The average Market Cap for Bitcoin seems to be relatively unchanged for the months of March, April and May

The average lows/highs/opens/closes are relatively unchanged as well in the months of March, April and May

Now let’s make some predictions based on the data:

Around June the 6 th , Bitcoin will go up in value throughout the course of the month

, Bitcoin will go up in value throughout the course of the month Around July the 6 th , Bitcoin will go down in value throughout the month

, Bitcoin will go down in value throughout the month The low by June the 6 th will most likely be between $6,850 and $7,100 (Price point of $6,958) We came to this conclusion by halving the 23% increase in the decrease percentile month to month and arriving at a 30% decrease from the high of $9,940 We should note that we have already reached the $7,090 on May 29 th (which is a 29% decrease thus far)

will most likely be between $6,850 and $7,100 (Price point of $6,958) The high by July 6 th will most likely be between $9,000 and $9,500 (price point of $9,217) We came to this conclusion by halving the 39% decrease in the increase percentile month to month and arriving at a 131% increase from the low of $7,090 on May 29 th

will most likely be between $9,000 and $9,500 (price point of $9,217)

To summarize

These patterns are found by the introduction of new data points (the price fluctuations on the 6th). Additional data points allow for spotting patterns and behaviors where previously there might not have been any. As volatile as crypto is, this additional information can be smashed into pieces if some outside factor comes in and affects the market.

I will further venture that; all the FUD, the Mt. Gox news, the Korean/Japanese/Chinese markets and the SEC regulations (as well as any additional news that we all have thought affected the price of Bitcoin) seems to have no serious effect on the actual price fluctuations on Bitcoin regarding these data points going into 2018. The 6th seems to be a rhythmic function in the current price changes of bitcoin when bringing all this information to the forefront.

Please feel free to use my data and make your own assumptions and conclusions (or arguments) about what was listed here.

Get at me on Twitter @d1rtydan