{"id":429448,"date":"2020-07-04T15:00:51","date_gmt":"2020-07-04T15:00:51","guid":{"rendered":"https:\/\/wncen.com\/?p=429448"},"modified":"2024-06-11T11:27:21","modified_gmt":"2024-06-11T11:27:21","slug":"independence-day-bitcoin-july-4","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/independence-day-bitcoin-july-4\/","title":{"rendered":"Financial Independence Day: 268% Average ROI Buying Bitcoin On July 4"},"content":{"rendered":"

All across the United States, American Bitcoin investors are stepping away from their trading desks to celebrate.<\/p>\n

In addition to celebrating the country\u2019s 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?<\/p>\n

Will There Be Crypto Market Fireworks On The 4th of July?<\/h2>\n

Markets are cyclical and history, trends, and more often come back around. Certain seasonably is said to also exist in financial markets.<\/p>\n

It\u2019s where the phrase \u201csell in May and go away,\u201d or \u201cthe Halloween effect\u201d came from.<\/p>\n

Related Reading | Research Shows That Holidays Cause FOMO Fireworks in Crypto Price Charts<\/a><\/strong><\/em><\/p>\n

Holidays themselves have shown to have a dramatic impact on Bitcoin price. Whether it\u2019s the low liquidity on holidays due to traders being busy or chatter at the dinner table, the asset can react powerfully.<\/p>\n

It was after Thanksgiving in 2017 that Bitcoin exploded from $10,000 to $20,000.<\/p>\n

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.<\/p>\n

With Bitcoin price once again flirting with $10,000, with $20,000 a possible target, will we see fireworks this Independence Day?<\/p>\n

\"bitcoin<\/p>\n

Bitcoin BTCUSD Independence Day ROI Chart | Source: TradingView<\/a><\/pre>\n

Buying Bitcoin On Independence Day Results In Financial Freedom<\/h2>\n

According to a review of price action ranging from each Independence Day to the next, buying Bitcoin can bring financial independence.<\/p>\n

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%.<\/p>\n

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.<\/p>\n

Related Reading | Data Shows Crypto More Likely To Pump Following Consolidation, 20% Move Anticipated<\/a><\/strong><\/em><\/p>\n

The day itself hasn\u2019t resulted in anything notable in terms of volatility or trend changes. However, research shows that buying on July 4 is likely to reward investors.<\/p>\n

Those considering celebrating Independence Day by buying BTC today may be celebrating financial freedom next year.<\/p>\n","protected":false},"excerpt":{"rendered":"

All across the United States, American Bitcoin investors are stepping away from their trading desks to celebrate. In addition to celebrating the country\u2019s 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\u2019s where the phrase \u201csell in May and go away,\u201d or \u201cthe Halloween effect\u201d came from. Related Reading | Research Shows That Holidays Cause FOMO Fireworks in Crypto Price Charts Holidays themselves have shown to have a dramatic impact on Bitcoin price. Whether it\u2019s 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. Related Reading | Data Shows Crypto More Likely To Pump Following Consolidation, 20% Move Anticipated The day itself hasn\u2019t 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.<\/p>\n","protected":false},"author":517,"featured_media":429459,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1144,78790,6664,4524,76835],"class_list":["post-429448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-btcusd","tag-btcusdt","tag-crypto","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nFinancial Independence Day: 268% Average ROI Buying Bitcoin On July 4<\/title>\n<meta name=\"description\" content=\"All across the United States, American Bitcoin investors are stepping away from their trading desks to celebrate. 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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\u2019s 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.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Financial Independence Day: 268% Average ROI Buying Bitcoin On July 4","url":"http:\/\/wncen.com\/news\/independence-day-bitcoin-july-4\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/independence-day-bitcoin-july-4\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/07\/bitcoin-independance-day-sparkler-839831_1920.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/07\/bitcoin-independance-day-sparkler-839831_1920.jpg?fit=1920%2C1280"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btcusd","btcusdt","crypto","xbt","xbtusd"],"dateCreated":"2020-07-04T15:00:51Z","datePublished":"2020-07-04T15:00:51Z","dateModified":"2024-06-11T11:27:21Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Financial Independence Day: 268% Average ROI Buying Bitcoin On July 4\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/independence-day-bitcoin-july-4\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/independence-day-bitcoin-july-4\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/bitcoin-independance-day-sparkler-839831_1920.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/bitcoin-independance-day-sparkler-839831_1920.jpg?fit=1920%2C1280\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btcusd\",\"btcusdt\",\"crypto\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2020-07-04T15:00:51Z\",\"datePublished\":\"2020-07-04T15:00:51Z\",\"dateModified\":\"2024-06-11T11:27:21Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/07\/bitcoin-independance-day-sparkler-839831_1920.jpg?fit=1920%2C1280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/429448"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=429448"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/429448\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/429459"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=429448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=429448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=429448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}