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'The Yellow Butterfly' Symbolism. Meaning of Yellow butterflies when seen in DREAMS. There are two ways to interpret the meaning of yellow butterflies when seen in dreams. If the dream is a happy one, it means that the person is in for some fun and frolic. It is the time to make merry. Happiness and prosperity are just round the corner.
Yellow is a symbolic color that brings joy and delight. It makes some people feel angry and can be overwhelming if used too often. Perhaps this is because yellow can be associated with illness or aging. For example, teeth turn yellow when they are not cared for, pit stains are yellow and pages yellow over time, so it could also mean decay. The third chakra, located at the solar plexus, is said to be yellow.