Financial Independence Day: 268% Average ROI Buying Bitcoin On July 4

Tony "The Bull" Severino

1 year ago

2 mins read

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All across the United States, American Bitcoin investors are stepping away from their trading desks to celebrate.

In addition to celebrating the country’s independence, they can also celebrate the on average 268% ROI Bitcoin brings from holiday to holiday. Will the next 365 days in crypto market price action lead to even more financial independence for holders?

Will There Be Crypto Market Fireworks On The 4th of July?

Markets are cyclical and history, trends, and more often come back around. Certain seasonably is said to also exist in financial markets.

It’s where the phrase “sell in May and go away,” or “the Halloween effect” came from.

Holidays themselves have shown to have a dramatic impact on Bitcoin price. Whether it’s the low liquidity on holidays due to traders being busy or chatter at the dinner table, the asset can react powerfully.

It was after Thanksgiving in 2017 that Bitcoin exploded from $10,000 to $20,000.

This weekend across the United States, American citizens will be celebrating the country’s birthday and independence as a new country. The 4th of July holiday is among the most celebrated in the States.

With Bitcoin price once again flirting with $10,000, with $20,000 a possible target, will we see fireworks this Independence Day?

Bitcoin BTCUSD Independence Day ROI Chart | Source: TradingView

Buying Bitcoin On Independence Day Results In Financial Freedom

According to a review of price action ranging from each Independence Day to the next, buying Bitcoin can bring financial independence.

Dating back a decade, on average, data shows that buying BTC on July 4 and holding it for a year results in an average return of 268%.

Data indicates that only three out of all years analyzed did Bitcoin decline year over year on July 4. All other times the first-ever cryptocurrency had a large return for saavy investors.

The day itself hasn’t resulted in anything notable in terms of volatility or trend changes. However, research shows that buying on July 4 is likely to reward investors.

Those considering celebrating Independence Day by buying BTC today may be celebrating financial freedom next year.

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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