I was just wondering, to those experts on bitcoin, because I have seen that bitcoin suddenly lay low in going up, and now even plunges. I needed your opinion.
Does Christmas or any holidays affects bitcoin?
Please elaborate. Thanks a lot
It seems that bitcoin for holidays will be low. And since February will begin to grow.
Last year, it was different. Bitcoin reached new high prices and it keeps on pumping unlike this year that keeps on increasing then stop and start falling quickly. I think bitcoin is not affected by the Christmas Holiday, expect for the people who maybe, sold bitcoin for money to be used in Christmas and also the New Year Celebration.
What are you talking about? Bitcoin almost had the same movement as last year. The last weeknof 2016 saw a decline in price under 1k usd and its understandable because christmas is a spending season. People won't be thinking about savings and investments until after christmas