Quote from: Bastime on December 23, 2017, 10:47:31 PM

Quote from: spasmadness on December 23, 2017, 10:26:50 PM

End of year causes massive money flows, this also was seen on bitcoin

I agree, looking at Bitcoin's history, the same month has been dropping also due to payouts and cash outs for holiday season.
But this is the best time for traders and investors because when the prices are very low, it's the best chance to invest more and there will be massive investments into Cryptocurrencies because a lot of money coming in.

You're right mate, because having a lots of expenses this month people decided to cashout their money this month since this month is holiday season. Having a lot of things to buy as some people planned already to cashout their money which having a spectacular performance of bitcoin 2months ago that its value reached up to $20,000 this month. I believed that having a fall will surpass all the different obstacles and it will suddenly reached its historical value in the future.