Is it true that the market usually rises before the end of the year?
If so, why do you think it happens?
I spoke with few people that already said that in the last 5 years the market became really bulish
Well, from what I have witnessed so far it happen 2017 towards the end of December of that year and which may likely happen this year but not to the turn or height of last year though. I will attribute such increase to the fact that people really want meet up with their end of the year/Christmas demand and that will push them to look for where they can make fast profit from their investment and that was why they invest in crypto currency market at a time like this.
This is not even just about 2017, this is something that could happen in any year and for one thing last year was a bull market and this is a bear year and I would rather not be too fixated on a Q4 movement but instead watch the price action and act on it as the case may be.
It is really hard to tell honestly, based on the fact that the market is not predictable, and in that case, I would expect the worst as much as I am expecting the best. We still have few months to end the year and if the market goes bullish, I believe it is something we will all end up seeing anyway.