Bitcoin Monthly Candle Close Colours from 2011 - maybe RED March

The Odds were higher to get a GREEN February Close but we ended up closing RED

Of the previous 3 RED February closes, Everyone was followed by a RED MARCH
Those same previous RED February Candles were all preceded by a GREEN JAN
We have just had a GREEN January and a RED February and so, Odds are that March will also be RED.
But as we saw in the JANUARY post of this chart, the odds were for a GREEN Feb this year....so do not take this as a certainty. For March to close RED, we do not need to see a massive drop. Just 0.01 USDT below this Feb Close is enough

Also on a BEARISH side, the candles colours since October 2024 follow the sequence from pre 2013 ATH to just after, entering a bear
From Oct 2013 till Feb, Green Green Red Green Red- followed by March and April RED also.
From Oct 2024 till Feb, Green Green Red Green Red

On the BULLISH side, and this has a higher % chance of repeating, Of those 3 previous occasions were we had Green Jan then a Red Feb and a Red March, Two of those Three were entering a Bull run. 2012 and 2020
It should be Noted that those years were the years BEFORE Cycle TOP - We are currently IN the year of expected cycle TOP

Currently March is 6 Green - 7 Red monthly closes.
March is Currently GREEN at time of writing ( 1st March )
Of the previous 7 RED March, 5 were followed by a Green April
Of the 6 Green closes, 3 were followed by a Green April

Of those 6 Green March closes, only 2 really led on to further multi month gains.

In conclusion,
We are statistically more likely to get a RED March and that would put us in a better position to continue to reach a cycle ATH later in the year as the weekly MACD is still falling Bearish from High.
This will have cooled off PA and allowed it to range, possibly in a Wyckoff distribution model
A Red March also Gives us a better buying opportunity and MAYBE, MAYBE some time for ALTS to recover some o their losses......Maybe......
But it really should be remembered that we could also be entering a bear. More info is needed before this is seen clearly but caution is certainly something I will continue to talk about.
Stay safe and remain Cautious