Bitcoin closes six monthly green candles for the first time since 2013
Bitcoin has just closed six consecutive monthly green candles for the first time since April 2013. Should history repeat, Bitcoin may enjoy further parabolic gains this year. In April 2013, Bitcoin closed at roughly $140 after posting six green monthly candles. While the markets would retrace to less than $100 over the next two months, Bitcoin would then surge 700% over the following six months and tag prices above $1,000 for the first time.
Bitcoin posted a similar pattern in the lead up to its parabolic bull run in 2017, with the markets posting five consecutive green monthly candles heading into September. While September saw BTC post range-bound consolidation, Bitcoin surged into new all-time highs in October to rallied from $5,000 to almost $20,000 by the end of the year.
Veteran trader and market analyst, Peter Brandt, is also bullish on Bitcoin, predicting BTC could gain a further 250% to break above $200,000. “I think we’re in that midpoint pause where in 2017 Bitcoin swirled around for a month or two before we saw the final move up,” he said.
However, past trends do not guarantee future performance and the history of green candles is a little murky. Despite Bitcoin posting five green monthly candles in a row during late 2015, the early weeks of 2016 saw BTC crash by 20% before producing several months of tightening consolidation.
Top Cryptocurrencies with Price Predictions
| # | Crypto | Prediction | Accuracy | CVIX | Price | 24h | 7d | Market Cap | 7d price change | |
| 1 |  BTC |
Bitcoin predictions | 76.8% | 42 | $61 547.52 | 2.05% | -6.23% | $1 216 355 112 897 |  |
|
|---|---|---|---|---|---|---|---|---|---|---|
| 2 |  ETH |
Ethereum predictions | 75.6% | 44 | $2 377.14 | 1.41% | -10.43% | $286 144 526 536 |  |
|
| 3 |  USDT |
Tether predictions | 92.4% | 1 | $0.999827 | 0% | -0.03% | $119 621 314 425 |  |
|
| 4 |  BNB |
Binance Coin predictions | 72% | 51 | $552.57 | 2.29% | -9.08% | $80 637 236 454 |  |
|
| 5 |  SOL |
Solana predictions | 72% | 55 | $141.69 | 4.13% | -9.33% | $66 377 309 590 |  |
|
| 6 |  USDC |
USD Coin predictions | 92.8% | 1 | $1.000075 | 0.01% | 0.03% | $35 554 277 856 |  |
|
| 7 |  XRP |
XRP predictions | 78% | 39 | $0.523869 | 0.75% | -10.99% | $29 632 119 965 |  |
|
| 8 |  DOGE |
Dogecoin predictions | 77.2% | 39 | $0.108274 | 4.50% | -12.89% | $15 832 515 125 |  |
|
| 9 |  TRX |
TRON predictions | 94.8% | 1 | $0.157488 | 2.34% | 1.66% | $13 636 924 478 |  |
|
| 10 |  TON |
Toncoin predictions | 74.8% | 49 | $5.37 | 2.42% | -10.24% | $13 604 227 831 |  |
|
| 11 |  ADA |
Cardano predictions | 75.6% | 42 | $0.353883 | 4.62% | -12.53% | $12 370 494 795 |  |
|
| 12 |  AVAX |
Avalanche predictions | 65.2% | 68 | $25.80 | 6.17% | -14.05% | $10 482 710 259 |  |
|
| 13 |  SHIB |
SHIBA INU predictions | 58.4% | 94 | $0.000018 | 10.05% | -14.68% | $10 324 207 135 |  |
|
| 14 |  STETH |
Lido stETH predictions | 91.6% | 1 | $2 941.39 | -0.40% | -3.32% | $10 258 752 564 |  |
|
| 15 |  WTRX |
Wrapped TRON predictions | 96% | 1 | $0.116354 | -0.46% | 0.23% | $10 171 995 609 |  |
